The typical asking rate per listing is in the $10's per square foot per year. The Sandia Science and Technology Park region is seeing a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 43% decline in rent.
In the last 90 days, 1 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Sandia Science and Technology Park 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 available, so finding a space for a small business might be tough.
Even though the median size is 11,680 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 2007 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Sandia Science and Technology Park occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.