On average, listings lease in the $20's per square foot per year. The Northeast Albuquerque submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 5% rise in rent.
In the last 90 days, 284 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Northeast Albuquerque 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 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 buildings in this market are close to 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 market. Most of the residents 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.