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Multi-Suite Retail Space
For Lease
$2,000/Mo NNN

805 N Highway 491 Ave, Gallup, NM 87301

Commercial Lease, Gallup, NM

Space Size1,775 SF - 3,553 SF
Days on Market1282

Property Features for 805 N Highway 491 Ave

General Information

Property type Commercial Lease
Property subtype Retail
Directions I40 North on Highway 491
Subdivision New Mexico Mls
Standard status Active
APN R209394
Size 45,792 SF

Taxes and HOA fees

Tax Description Lot 1A, BLK2 El Mercado Subdivision
Tax Annual Amount 2000
Legal Description Lot 1A, BLK2 El Mercado Subdivision

Building Details

Year built 1980
Listing Agency: RE/MAX Combined Investments · RE/MAX International
Listed By: Lee Langen · License #19241
Added: Feb 28, 2023 Changed: Sep 2 Last Checked: Sep 2 at 7:06PM
MLS# 20230892

Copyright © 2026 New Mexico MLS. 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.

This retail property comprises 45,792 square feet and was constructed in 1980. Available suites include 3,553 square feet in Space 903B, 2,192 square feet in Space 915, 2,800 square feet in Space 909, 2,044 square feet in Space 905, 1,775 square feet in Space 813, and 2,259 square feet in Space 809. The available spaces provide a range of sizes for retail occupancy, with NNN lease structures identified throughout the offering.

The property is located at 805 N Highway 491 Ave in Gallup, New Mexico. Space 905 is occupied on a month-to-month basis, while Spaces 813 and 809 include annual rent-increase terms. Little Caesars and Wing Stop are identified in connection with Space 903B.

Key Highlights

  • 45,792‑square‑foot retail property constructed in 1980
  • Space 903B offers 3,553 square feet
  • Space 915 contains 2,192 square feet

Property Analytics

Current Use

Retail space

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 87301, NM

22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
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 - Several retail suites are available within a large commercial property with NNN lease structures.
Where is this retail space located?
The property is located at 805 N Highway 491 Ave Gallup, NM.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 45,792‑square‑foot retail property constructed in 1980; Space 903B offers 3,553 square feet; Space 915 contains 2,192 square feet
More about this property
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