On average, listings lease in the $20's per square foot per year. The Santa Fe submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,690 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 0 and are Class B.