Espanola Retail Center
402 Carr Lane Espanola, NM 87532
402 Carr Lane, Espanola, NM, 87532
$20,166/Mo
For Lease
$17 SF/Yr $20,166/Mo (calc)
COMMERCIAL - Espanola, NM
Property Size14,235 SF
Lot Size1.03 Acres
Days on Market228
Property Features for 402 Carr Lane
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Standard status
- Active
- APN
- 1-047-122-194004
- Size
- 14,235 SF
- Lot size
- 1.03 Acres
Taxes and HOA fees
- Tax Description
- S: 26 T: 21N R: 08E 1.03 AC PARCEL A-2 RANCHITOS SW1/4 BK/PG 128/195,117-A/198,161/675,536/2688,536/2690,536/4461,536/4462,537/3606,537/3688, 538/1273,538/2132,539/1192, PLAT S-1/124, U-1/197, BUSINESS ASSOCIATED: RUE 21 (ACCT#P046441), DOLLAR TREE STORES INC #5348 (CITYLIC:4583-2024,ACCT#P046315)
Utilities
- Water source
- Public
Building Details
- Year built
- 2014
Listing Agency
Real Estate Advisors, LLC
(505) 539-3200
1227 Paseo de Peralta, Albuquerque, NM
Listed by
Jennifer Dyess · License #53964
(817) 228-8514
Added: Dec 1, 2025 Checked: Jul 17 at 9:06 am
MLS# 202504857
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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 center is located in a high-traffic retail corridor, shadow-anchored by Walmart and surrounded by national retailers such as Lowe's, Petsense, Starbucks, CVS, and Walgreens. The property benefits from excellent visibility and access from Riverside Drive, Espanola's main commercial artery. The site features ample surface parking and prominent signage opportunities on the building and monument. The facade is modern with strong storefront exposure. Suite A offers approximately 5,000 square feet, previously occupied by Rue 21, and is suited for value retail, apparel, beauty supply, and soft goods operators seeking open floorplans and strong customer flow. National co-tenancy and high visibility support high-volume shopping patterns. The layout is efficient with flexible demising options. Suite B offers approximately 8,000 square feet, currently occupied by Dollar Tree and available after 1/31/2026. It is well-suited for large-format retail such as furniture, electronics, fitness concepts, auto parts, and urgent care. High ceilings and an open floorplan support a wide range of concepts. The location benefits from strong traffic counts of 32,000 vehicles per day and easy ingress/egress. The property is situated on 1.03 acres.
Key Highlights
- High‑traffic location on Riverside Drive with excellent visibility and 32,000 VPD.
- Shadow‑anchored by Walmart and surrounded by strong national retailers.
- Suite A: +/-5,000 SF, previously Rue 21, suitable for value retail with open floorplan.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Prime retail spaces in high-traffic Espanola location.
Where is this retail space located?
The property is located at 402 Carr Lane Espanola, NM.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Riverside Drive with excellent visibility and 32,000 VPD.; Shadow‑anchored by Walmart and surrounded by strong national retailers.; Suite A: +/-5,000 SF, previously Rue 21, suitable for value retail with open floorplan.
