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    Espanola, NM
    Shopping Center

    Espanola, NM Shopping Centers for Lease

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    Los Alamos, NM Santa Fe, NM
    Retail Shopping Center with Signage
    Updated: Dec 1, 2025
    Retail Shopping Center with Signage

    402 Carr Lane, Espanola, NM 87532

    $17 SF/Yr
    14,235 sqft 1.03 AC lot
    Approximately 13,000 SF across two retail suites
    Suite A: approximately 5,000 SF with an open layout
    Suite B: approximately 8,000 SF available after 1/31/2026
    32,000 VPD along N Riverside Drive
    Building and monument signage opportunities
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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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    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 9 Potential Opportunities for your consideration. Besides 2 Active listings in Espanola, NM, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 Properties for Sales.

    Shopping centers for Lease in Nearby Cities

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

    Large Format Retail Building
    Large Format Retail Building

    2308 Cerrillos Rd, Santa Fe, NM 87505

    Contact for pricing
    61,162 sqft

    Large format retail building with an adjacent separately parceled pad site with Cerrillos Road frontage.

    View details
    Large Format Retail Building
    Large Format Retail Building

    2308 Cerrillos Rd, Santa Fe, NM 87505

    Contact for pricing

    Large format retail building plus separately parceled pad site with Cerrillos Rd. frontage and signalized, full-movement access.

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    Retail Space in Walmart Shadow
    Retail Space in Walmart Shadow

    2510 7th St, Las Vegas, NM

    Contact for pricing
    3,688 sqft 3.01 AC lot

    Retail space available in Walmart shadow center.

    View details
    Mills Plaza Retail and Office
    Mills Plaza Retail and Office

    250 Mills Ave, Las Vegas, NM 87701

    Contact for pricing
    8,500 sqft

    Retail and office spaces available in Mills Plaza.

    View details

    Similar Spaces for Sale in Espanola, NM

    Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

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

    Espanola, NM 87532

    $3,059,550
    5,600 sqft

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

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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 Shopping centers Lease Rates & Market Statistics

    Explore 2 Shopping centers for lease in Espanola, NM on Realmo, a commercial real estate exchange covering the Espanola area. The current inventory totals 28,470 square feet of properties.

    Shopping centers 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 15% above New Mexico's state average of $14.78 SF/Yr.

    Espanola accounts for 100% of the 2 shopping centers currently available across Rio Arriba County. Shopping centers are one of the more limited space types in Espanola, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.

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