Retail Center With Flexible
For Sale
Contact for pricing
402 Carr Lane, Espanola, NM 87532
Two retail suites offer open layouts, prominent storefront exposure, and access to an established national retail corridor.
Property SizeContact for details
Days on Market13
Property Features for 402 Carr Lane
General Information
Standard status
Active
Site & Location
Traffic Count
32,000 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Real Estate Advisors, LLC
(817) 228-8514
Listed By:
Jennifer Dyess · License #53964
(817) 228-8514
Source:
Quailrunsothebys
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 29 at 9:21AM
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 Real Estate Advisors, LLC
Investment Insights
Based on property information with market context.
This retail center at 402 Carr Lane includes two sizable suites with open-plan configurations. Suite A contains approximately 5,000 SF and was previously occupied by Rue 21. Suite B comprises approximately 8,000 SF and is currently occupied by Dollar Tree, with occupancy available after 1/31/2026. The larger suite features high ceilings, while the center offers flexible demising options and a modern façade with storefront exposure.
The property is positioned along Riverside Drive in Española’s main commercial area, with reported traffic of 32,000 VPD. Walmart serves as a shadow anchor, and surrounding national retailers include Lowe’s, Petsense, Starbucks, CVS, and Walgreens. Access is provided from Riverside Drive, with surface parking and signage opportunities on the building and monument.
The property is positioned along Riverside Drive in Española’s main commercial area, with reported traffic of 32,000 VPD. Walmart serves as a shadow anchor, and surrounding national retailers include Lowe’s, Petsense, Starbucks, CVS, and Walgreens. Access is provided from Riverside Drive, with surface parking and signage opportunities on the building and monument.
Key Highlights
- Two suites totaling approximately 13,000 SF
- Suite A offers approximately 5,000 SF and was previously occupied by Rue 21
- Suite B contains approximately 8,000 SF and is available after 1/31/2026
Property Analytics
Property Profile
Current Use
Lease Details
32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
288k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 24%
Shops & Services 16%
Home Improvements & Furnishings 14%
Walmart
Superstores
68,007 visits/mo
0.1 miles
McDonald's
Dining
31,049 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
29,993 visits/mo
0.3 miles
Freddy's Frozen Custard & Steakburgers
Dining
22,538 visits/mo
0.3 miles
Taco Bell
Dining
17,164 visits/mo
0.2 miles
Demographics for 87532, NM
19,017
Population
8,946
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
85%
High-School Grad
109.5 sq mi
ZIP Area
174
Density / Sq Mi
$57,077
Median Household Income
$42,365
Median Earnings
$887
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Two retail suites offer open layouts, prominent storefront exposure, and access to an established national retail corridor.
Where is this shopping center located?
The property is located at 402 Carr Lane Espanola, NM.
What are key features of this property?
This property features: Two suites totaling approximately 13,000 SF; Suite A offers approximately 5,000 SF and was previously occupied by Rue 21; Suite B contains approximately 8,000 SF and is available after 1/31/2026
