On average, listings lease in the $30's per square foot per year. The Downtown Santa Fe region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 8 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,190 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 0 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this area. Most of the residents of Downtown Santa Fe work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.