The typical asking rate per listing is in the $20's per square foot per year. The Albuquerque Original Townsite region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 16% rise in rent.
In the last 90 days, 6 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,490 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1930 and are Class Class B.
Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Albuquerque Original Townsite folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.