On average, listings lease in the $20's per square foot per year. The Northeast Albuquerque submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 180 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the listings in the Northeast Albuquerque are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,290 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 0 and are Class 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 market. Most of the folk of Northeast Albuquerque work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.