Albuquerque, NM Shopping Centers for Lease
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Albuquerque, NM Shopping centers Lease Rates & Market Statistics
Browse 44 Shopping centers for lease in Albuquerque, NM on Realmo, a commercial real estate marketplace serving the Albuquerque area. The current inventory totals 989,837 square feet of properties — an average of ~22,500 SF per listing.
Shopping centers lease rates in Albuquerque range from $9 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $14.33 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $14.33 SF/Yr is in line with the New Mexico state average.
Shopping centers make up 25% of the 176 Retail properties & Spaces currently for lease in Albuquerque, with asking rates averaging $14.33 SF/Yr — 12% below the citywide Retail properties & Spaces average of $16.21 SF/Yr. Tenants comparing options may also consider Storefront properties (27 listings) and Other retail properties (9 listings) elsewhere in the Albuquerque market.