On average, listings lease in the $20's per square foot per year. The Santa Fe region is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 21% decline in rent.
In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. About 93% of the listings in the Santa Fe 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this market were built in 0 and are Class B.