On average, listings lease in the $30's per square foot per year. The Rio Rancho region is going through a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 48% rise in rent.
In the last 90 days, 309 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Rio Rancho are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1986 and are Class Class B.
Real time and historical data on commercial real estate listings in Rio Rancho.
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