Most listings are in the $20's per square foot per year. The Albuquerque Original Townsite region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decrease in rent.
In the last 90 days, 2 listings have been made available, which means new listings might be going fast. 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.
Even though the median size is 8,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1930 and are Class Class B.
Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Albuquerque Original Townsite occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.