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New-Construction Retail Suite
For Lease
$8,000/Mo

36 NM Hwy 150, El Prado, NM 87529

COMMERCIAL - El Prado, NM

Space Size3,200 SF
Days on Market1022

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 4 Last Checked: Aug 10 at 2:06AM
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.

A retail suite remains available in a 2023 commercial property at 36 NM Hwy 150 in El Prado. The space is positioned on the northwest corner and includes a full basement, with approximately 3,200 square feet described across upstairs and downstairs areas.

The property also contains restaurant/bar space with a deck and a cafe drive-through, both identified as leased. The available suite offers a multi-level layout within a newly constructed commercial setting.

Key Highlights

  • Approximately 3,200 square feet across upstairs and downstairs areas
  • Full basement included with the available retail suite
  • Northwest‑corner suite at 36 NM Hwy 150

Property Analytics

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

107
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
11,276 visits/mo 0.2 miles
7-Eleven Shops & Services
4,494 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

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 - Northwest-corner availability includes a full basement within a 2023 commercial property.
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 3,200 square feet across upstairs and downstairs areas; Full basement included with the available retail suite; Northwest‑corner suite at 36 NM Hwy 150
More about this property
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