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Retail Space with Pad Sites
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102 Caldwell Ave, Belen, NM 87002

Existing retail space is offered alongside pad sites for ground lease or build-to-suit development, subject to owner approval.

Space Size2,000 SF - 8,700 SF
Days on Market223

Property Features for 102 Caldwell Ave

General Information

Standard status Active
Size 2,000 SF - 8,700 SF
Net Rentable 2,000 SF
Property subtype Retail
Zoning C-1
Lease Type NNN

Space & Availability

Available Space 2,000-8,700 SF
Available Land 0.50-1.20 Acres
Divisible Yes
Space Use Retail

Additional Details

Ground Lease Yes
Traffic Count 16,000 vehicles/day
Land Use commercial, retail

Building Details

Year Built 1974

Spaces For Lease

at 102 Caldwell Ave Contact us

Available Space $12/Mo

Contact us

Available Space $10/Mo

Contact us
Listing Agency: Keller Williams Realty - Academy
Listed By: Christopher Venegas
Source: Carnm.resimplifi
Added: Jan 19 Changed: Aug 30 Last Checked: Aug 30 at 12:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Academy

Investment Insights

Based on property information with market context.

This retail offering combines existing space with additional pad sites for flexible leasing options. Available retail suites range from 2,000 to 8,700 SF, while pad sites span 0.5 to 1.2 acres. Ground leases and build-to-suit arrangements are available subject to owner approval, and an optional tenant improvement allowance may be offered.

The property is located at 102 Caldwell Ave in Belen, New Mexico, with almost 16,000 vehicles per day passing the site. The existing improvements were built in 1974, providing an established retail setting for commercial occupancy.

Key Highlights

  • Retail suites from 2,000 to 8,700 SF
  • Multiple pad sites ranging from 0.5 to 1.2 acres
  • Ground lease and build‑to‑suit options, subject to owner approval

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 87002, NM

21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
Median Home Value

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 - Existing retail space is offered alongside pad sites for ground lease or build-to-suit development, subject to owner approval.
Where is this retail space located?
The property is located at 102 Caldwell Ave Belen, NM.
What are key features of this property?
This property features: Retail suites from 2,000 to 8,700 SF; Multiple pad sites ranging from 0.5 to 1.2 acres; Ground lease and build‑to‑suit options, subject to owner approval
More about this property
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