Search
Retail Suites with Storefront Exposure
For Lease
Contact for pricing

402 Carr Ln B, Espanola, NM 87532

Two retail suites offer flexible occupancy options, surface parking, building signage, and monument signage opportunities.

Space Size5,000 SF - 13,000 SF
Days on Market273

Property Features for 402 Carr Ln B

General Information

Standard status Active
Size 5,000 SF - 13,000 SF
Net Rentable 5,000 SF
Property subtype Retail
Zoning B-2

Space & Availability

Available Space 5,000-13,000 SF
Space Use Retail
Available From Immediate

Site & Location

Anchor Co-Tenants Walmart, Lowes, Walgreens, CVS, Starbucks
Traffic Count 32,000 vehicles/day
Road Access Yes

Amenities

building signage
monument signage

Building Details

Tenancy Multi

Spaces For Lease

at 402 Carr Ln B Contact us

Available Space $17/Mo

Contact us
Listing Agency: REA Real Estate Advisors
Listed By: Jennifer Dyess · License #53964
Source: Carnm.resimplifi
Added: Nov 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 11:01AM

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 REA Real Estate Advisors

Investment Insights

Based on property information with market context.

Retail space at 402 Carr Lane includes two suites available for immediate occupancy, with approximately 5,000 SF in Suite A and a combined configuration of approximately 13,000 SF when both spaces are joined. The property carries B-2 zoning and features a modern façade, storefront exposure, surface parking, and opportunities for building and monument signage.

The site is positioned along Riverside Drive, identified as Española’s main commercial artery, with reported traffic exceeding 32,000 VPD. Surrounding retailers include Walmart, Lowe’s, Walgreens, CVS, and Starbucks, providing an established commercial setting with national-brand tenancy nearby. The property also offers access from Riverside Drive and customer parking to support retail operations.

Key Highlights

  • Two suites available for immediate occupancy
  • Suite A offers approximately 5,000 SF
  • Suites can be combined for approximately 13,000 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom HVAC Service Home Appliance Store

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

32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
288k
Monthly Visits Nearby

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

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 - Two retail suites offer flexible occupancy options, surface parking, building signage, and monument signage opportunities.
Where is this retail space located?
The property is located at 402 Carr Ln B Espanola, NM.
What are key features of this property?
This property features: Two suites available for immediate occupancy; Suite A offers approximately 5,000 SF; Suites can be combined for approximately 13,000 SF
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