Building Details

Tenancy Multi

Spaces For Lease

at 1608 E Spruce St Contact us

1608 E Spruce St

Floor

1

Size

3,413 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

A Walmart outparcel, this property is situated on Highway 70 in Portales. With approximately... 8,500 square feet available, this space lends itself to a wide variety of tenant needs. This shopping center is located at the popular intersection of Spruce Street and Highway 70. The property boasts an excellent co-tenancy, with businesses including: Snap Fitness, MetroPCS, USA Nails, Interim HealthCare, Paden Insurance, Hibbett Sports, and Subway. Western Dairy Transport, Hampton Farms, Hamilton Chevrolet, New Mexico bank and Trust, and USA Gasoline are also in the immediate vicinity of the center.

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Listing Agency: CMS Properties Show Phone

Listed By: Greg Duncan

Source: Moodyscre

Added: Nov 21, 2025 Changed: Aug 17 Last Checked: Aug 14 at 7:57AM

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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 CMS Properties

Investment Insights

Based on property information with market context.

This Walmart outparcel offers approximately 8,500 square feet of retail space designed to support a wide variety of tenant needs. As an outparcel within a larger shopping center, the site benefits from established retail surroundings and existing area commerce.

The property is located on Highway 70 in Portales at the intersection of Spruce Street and Highway 70. Nearby and nearby-area businesses include Snap Fitness, MetroPCS, USA Nails, Interim HealthCare, Paden Insurance, Hibbett Sports, Subway, and additional services and retailers such as Western Dairy Transport, Hampton Farms, Hamilton Chevrolet, New Mexico Bank & Trust, and USA Gasoline.

With the space positioned within a continuously used retail node, it may be a practical fit for tenants seeking visibility and access supported by a strong co-tenancy mix.

Key Highlights

• Approximately 8,500 SF retail space available as a Walmart outparcel on Highway 70 in Portales
• Located at the intersection of Spruce Street and Highway 70
• Co‑tenancy includes Snap Fitness, MetroPCS, USA Nails, Interim HealthCare, Paden Insurance, Hibbett Sports, and Subway

Property Analytics

Property Profile

Current Use

Interim HealthCare of Portales Home Health Care Service Metro by T-Mobile Mobile Phone Store Nails Spa Nail Salon Paden Insurance Insurance Agency T-Mobile Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Pharmacy Building Supply

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

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

81

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 88130, NM

18,027

Population

7,985

Households

2.3

Avg Household Size

31

Median Age

22%

College-Educated

86%

High-School Grad

632.1 sq mi

ZIP Area

29

Density / Sq Mi

$52,420

Median Household Income

$29,958

Median Earnings

$865

Median Rent

$136,600

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Shopping center - Approximately 8,500 square feet of retail space is available as a Walmart outparcel on Highway 70.

Where is this shopping center located?

The property is located at 1608 E Spruce St Portales, NM.

What are key features of this property?

This property features: Approximately 8,500 SF retail space available as a Walmart outparcel on Highway 70 in Portales; Located at the intersection of Spruce Street and Highway 70; Co‑tenancy includes Snap Fitness, MetroPCS, USA Nails, Interim HealthCare, Paden Insurance, Hibbett Sports, and Subway