On average, listings lease in the $0's per square foot per year. The Sandia Research Park submarket is going through a decline in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the office spaces in the Sandia Research Park are subleases, so you will probably have to consider a longer term lease. 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 area were built in 0 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of Sandia Research Park work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.