Most listings are in the $0's per square foot per year. The Southwest Albuquerque submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 16 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region 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. Finance and insurance are the dominant industries in this market. Most of the residents of Southwest Albuquerque work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.