On average, listings lease in the $20's per square foot per year. The Albuquerque Original Townsite submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.
In the last 90 days, 4 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Albuquerque Original Townsite are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 26,680 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 1930 and are Class Class B.
Health care is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Albuquerque Original Townsite occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.