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    Espanola, NM
    Shopping Center

    Espanola, NM Shopping Centers for Sale

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    Santa Cruz, NM La Mesilla, NM Hernandez, NM Chimayo, NM Santa Fe, NM Alcalde, NM Ojo Caliente, NM Velarde, NM
    Leased Strip Mall with Drive-Through
    Updated: Aug 22
    Leased Strip Mall with Drive-Through

    Espanola, NM 87532

    $2,890,900
    5,600 sqft
    5,600‑square‑foot strip mall completed in 2017
    100% leased to Starbucks, Verizon, Great Clips, and T‑Mobile
    Drive‑through component associated with the Starbucks occupancy
    Outparcel to Lowe’s
    Located at 1404 N Riverside Dr, Española, NM 87532
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    Walmart-Anchored Retail Space
    Updated: Jul 29, 2025
    Walmart-Anchored Retail Space

    Espanola, NM 87532

    Contact for pricing
    7,068 sqft
    7,068 SF retail suite
    Located in Española’s only Walmart‑anchored center
    Corner of New Mexico State Road 584 and Riverside Drive
    Positioned within the city’s main retail corridor
    Co‑tenancy includes Walmart, Lowe’s, Chili’s, Starbucks, Taco Bell, and Wendy’s
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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.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Espanola, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Three-Level Mixed-Use Property
    Three-Level Mixed-Use Property

    116 W San Francisco Street, Santa Fe, NM 87501

    $18,000,000
    60,576 sqft 0.82 AC lot

    BCD-zoned commercial property combines retail, office, and residential use potential within Santa Fe’s downtown historic overlay.

    View details
    Dollar Tree-Anchored Retail Center
    Dollar Tree-Anchored Retail Center

    4405 Jager Dr NE, Rio Rancho, NM 87144

    $6,573,720
    29,000 sqft

    100% leased NNN retail center anchored by Dollar Tree, offering stable in-place tenancy for retail investors.

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    NNN Retail Strip Center
    NNN Retail Strip Center

    1630 Rio Rancho Blvd SE, Rio Rancho, NM 87124

    $3,229,792
    11,973 sqft 1.03 AC lot

    Fully leased center with four NNN leases and scheduled annual rent increases.

    View details
    Large Format Retail with Pad Site
    Large Format Retail with Pad Site

    2308 Cerrillos Rd, Santa Fe, NM 87505

    Contact for pricing
    61,162 sqft

    Large format retail building with a separately parceled pad site and Cerrillos Rd. frontage at a signalized intersection.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Infrastructure
    Commercial Land with Infrastructure

    CAMINO LA TIERRA, Santa Fe, NM 87506

    $2,100,000
    12.10 AC lot

    Development tract includes existing infrastructure and planned connections to sewer, water, natural gas, and public electric.

    View details

    Espanola, NM Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Espanola, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,668 square feet of properties for sale, with an estimated market value of $2,890,900.

    Sale prices for plazas in Espanola, NM average $2,890,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 6
    Shopping centers 5
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +4.1%
    Median Household Income $57,077
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Espanola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87532 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.57%
    Property Tax per SF $51.00 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

    Retail

    Office

    How Realmo verifies these figures

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