Search
Highway 70 Retail/Restaurant Space
For Lease
Contact for pricing

1608 E Spruce St, Portales, NM 88130

Prime retail/restaurant space on Highway 70 in Portales.

Space Size1,505 SF - 3,413 SF
Property Size20,740 SF
Days on Market706

Property Features for 1608 E Spruce St

General Information

Standard status Active
Size 1,505 SF - 3,413 SF
Class B
Property subtype Retail, Office, Restaurant

Building Details

Building Size 20,740 SF
Tenancy Multiple

Spaces For Lease

at 1608 E Spruce St Contact us

Suite #750

Size
1,505 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite #850

Size
3,413 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite #875

Size
3,043 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CMS PROPERTIES
Listed By: Roxxanne Ortiz · License #TX679567
Source: Crexi
Added: Sep 5, 2024 Changed: Aug 8 Last Checked: Aug 11 at 5:17AM

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 property offers approximately 9,000 square feet of versatile retail space. It is strategically located at the intersection of Spruce Street and Highway 70. The shopping center benefits from long-standing co-tenants including Snap Fitness, T-Mobile, USA Nails, Interim HealthCare, and Paden Insurance. The surrounding area is home to businesses such as Western Dairy Transport, Hampton Farms, Hamilton Chevrolet, New Mexico Bank and Trust, and USA Gasoline.

Key Highlights

  • High visibility location on Highway 70.
  • Approximately 9,000 square feet of versatile retail space.
  • Located at the intersection of Spruce Street and Highway 70.

Property Analytics

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Retail space - Prime retail/restaurant space on Highway 70 in Portales.
Where is this retail space located?
The property is located at 1608 E Spruce St Portales, NM.
What are key features of this property?
This property features: High visibility location on Highway 70.; Approximately 9,000 square feet of versatile retail space.; Located at the intersection of Spruce Street and Highway 70.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message