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    Espanola, NM
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    Espanola, NM Retail Properties & Spaces for Lease

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    Retail Center with Open Floorplans
    Updated: Dec 1, 2025
    Retail Center with Open Floorplans

    402 Carr Lane, Espanola, NM 87532

    $17 SF/Yr
    14,235 sqft 1.03 AC lot
    14,235 SF retail center on a 1.03‑acre site
    Suite A offers approximately 5,000 SF with an open plan and flexible demising options
    Suite B includes approximately 8,000 SF, high ceilings, and occupancy after 1/31/2026
    Reported traffic of 32,000 VPD along N Riverside Drive
    Nearby Walmart, Lowe's, Petsense, Starbucks, CVS, Walgreens, and Dollar Tree
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    Retail Suites with Storefront Exposure
    Updated: Nov 30, 2025
    Retail Suites with Storefront Exposure

    Espanola, NM 87532

    Contact for pricing
    14,235 sqft
    Two suites available for immediate occupancy
    Suite A offers approximately 5,000 SF
    Suites can be combined for approximately 13,000 SF
    B‑2 zoning with modern façade and storefront exposure
    More than 32,000 VPD reported along Riverside Drive
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    Retail Space Near Major Retailers
    Retail Space Near Major Retailers

    Espanola, NM 87532

    Contact for pricing
    2,418 sqft

    Retail space strategically located near Walmart and Lowe’s.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Espanola, NM, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 7 Properties for Sales.

    Retail properties & Spaces for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Retail Space on Trinity Drive
    Retail Space on Trinity Drive

    751 Trinity Drive, Los Alamos, NM 87544

    $25 SF/Yr
    3,500 sqft

    New retail space with excellent visibility on Trinity Drive.

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    Former Salon Retail Storefront
    Former Salon Retail Storefront

    901 Trinity Dr, Los Alamos, NM 87544

    Contact for pricing
    0.76 AC lot

    Former Supercuts space with on-site parking, well suited for retail, office, or service users.

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    Open-Plan Retail Space
    Open-Plan Retail Space

    150 S St Francis Drive, Santa Fe, NM 87501

    $4,065/Mo
    3,400 sqft 0.55 AC lot

    C-4-zoned commercial space with flexible interiors, customer parking, and offices for business operations.

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    Mixed-Use Building with Second-Floor Suites
    Mixed-Use Building with Second-Floor Suites

    135 Palace, Santa Fe, NM 87501

    Contact for pricing
    21,561 sqft 0.26 AC lot

    Second-level commercial suites are available in a three-story building with retail, gallery, and restaurant operating history.

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    Similar Spaces for Sale in Espanola, NM

    Consider Similar Space for Sale. We found 7 Spaces matching your search parameters.

    Leased Strip Mall with Drive-Through
    Leased Strip Mall with Drive-Through

    Espanola, NM 87532

    $2,890,900
    5,600 sqft

    Fully leased retail property with four tenants and an outparcel position serving Lowe’s.

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    Espanola Retail Opportunity For Sale
    Espanola Retail Opportunity For Sale

    105 Laguna Street, Espanola, NM 87532

    $450,000
    2,000 sqft 0.33 AC lot

    Former ceramics store with equipment on 0.33 acres.

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    Highway Frontage Retail Building
    Highway Frontage Retail Building

    106 Los Alamos Highway, Espanola, NM 87532

    $160,000
    1,664 sqft 0.04 AC lot

    C-1-zoned commercial space with a street-facing setting and a mix of carpet and vinyl flooring.

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    Commercial Building on Los Alamos Highway
    Commercial Building on Los Alamos Highway

    106 Los Alamos, Espanola, NM 87532

    $160,000
    1,664 sqft 0.04 AC lot

    Commercial building suitable for retail, office, or gallery use.

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    Auto Shop with Service Garage
    Auto Shop with Service Garage

    711 Paseo De Onate, Espanola, NM 87532

    $250,000
    1,820 sqft 0.47 AC lot

    Office space accompanies a concrete service area and on-site parking.

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    Walmart-Anchored Retail Space
    Walmart-Anchored Retail Space

    Espanola, NM 87532

    Contact for pricing
    7,068 sqft

    Corner positioning at Riverside Drive and New Mexico State Road 584 places the suite within the city’s main retail corridor.

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    Retail Center With Flexible Suites
    Retail Center With Flexible Suites

    402 Carr Lane, Espanola, NM 87532

    Contact for pricing

    Two retail suites offer open layouts, prominent storefront exposure, and access to an established national retail corridor.

    View details

    Espanola, NM Retail properties & Spaces Lease Rates & Market Statistics

    Explore 3 Retail properties & Spaces for lease in Espanola, NM on Realmo, a commercial real estate exchange covering the Espanola area. The current inventory totals 30,888 square feet of properties.

    Retail properties & Spaces lease rates in Espanola range from $17 SF/Yr at the entry level to $17 SF/Yr at the top of the market, averaging $17 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $17 SF/Yr, the local average runs 14% below New Mexico's state average of $19.71 SF/Yr.

    Espanola accounts for 100% of the 3 retail properties & spaces currently available across Rio Arriba County.

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