On average, listings lease in the $20's per square foot per year. The Northeast Albuquerque submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
In the last 90 days, 205 listings have been posted online, so you'll want to check back regularly for new listings. About 91% of the office spaces in the Northeast Albuquerque are subleases, so you might be able to sign a shorter term by taking over a previous 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 1,780 sqft. Most properties in this area are approximately 1 stories. Most buildings in this region were built in 0 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the folk of Northeast Albuquerque work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.