The typical asking rate per listing is in the $20's per square foot per year. The Albuquerque Original Townsite region is seeing a a boost in rates. In the last 3 months, the median rate rose $21 per sqft per year.
In the last 90 days, 2 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,500 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1930 and are Class Class B.
Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Albuquerque Original Townsite residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.