The typical asking rate per listing is in the $10's per square foot per year. The Northeast Albuquerque submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decline in rent.
In the last 90 days, 297 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the Northeast Albuquerque are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,250 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Northeast Albuquerque work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.