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New Construction Retail Space
For Lease
$8,000/Mo

36 NM Hwy 150, El Prado, NM 87529

CommercialLease, El Prado, NM

Space Size3,200 SF
Days on Market1069

Property Features for 36 NM Hwy 150

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description County
Directions From Taos Plaza, go North on Paseo del Pueblo Norte to NM 150. Turn right onto NM 150. Shopping Center is approximately .5 mile up on the left.
Subdivision COLONIAS UPPER (12B)
Standard status Active

Taxes and HOA fees

Tax Description 1 large restaurant space remaining.
Legal Description 1 large restaurant space remaining.

Building Details

Year built 2023
Number of units 1
Listing Agency: Berkshire Hathaway HomeServices Taos Real Estate
Listed By: Debbie Friday Jagers · License #53208
Added: Oct 24, 2023 Changed: Aug 19 Last Checked: Sep 26 at 5:06PM
MLS# 110984

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail suite is part of a 2023 construction project and occupies the northwest corner of the property. The available space extends across upper and lower levels and includes a full basement, providing a substantial footprint for a retail occupant. Approximately 3200 sq. ft. is included across the upstairs and downstairs areas.

The property also includes leased restaurant and bar space with a deck, along with a leased cafe drive-thru. These established components contribute to an active commercial setting while the remaining retail suite provides a separate space for lease.

Key Highlights

  • Approximately 3200 sq. ft. spanning upper and lower levels
  • Full basement included with the available retail suite
  • Northwest corner location within the property

Property Analytics

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Current Use

Retail space

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
6,724 visits/mo 0.3 miles

Demographics for 87529, NM

4,846
Population
2,892
Households
1.7
Avg Household Size
51
Median Age
39%
College-Educated
96%
High-School Grad
64.9 sq mi
ZIP Area
75
Density / Sq Mi
$68,370
Median Household Income
$22,524
Median Earnings
$1,444
Median Rent
$393,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail suite offers upper- and lower-level space with a full basement for commercial use.
Where is this retail space located?
The property is located at 36 NM Hwy 150 El Prado, NM.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Approximately 3200 sq. ft. spanning upper and lower levels; Full basement included with the available retail suite; Northwest corner location within the property
More about this property
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