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    Espanola, NM
    Shopping Center

    Espanola, NM Shopping Centers for Sale

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    Santa Cruz, NM El Llano, NM La Mesilla, NM Hernandez, NM Chamita, NM Chimayo, NM Pojoaque, NM Santa Fe, NM
    Retail Center With Flexible Suites
    Updated: Aug 17
    Retail Center With Flexible Suites

    402 Carr Lane, Espanola, NM 87532

    Contact for pricing
    Two suites totaling approximately 13,000 SF
    Suite A offers approximately 5,000 SF and was previously occupied by Rue 21
    Suite B contains approximately 8,000 SF and is available after 1/31/2026
    Reported traffic volume of 32,000 VPD
    Shadow‑anchored by Walmart and surrounded by Lowe’s, Petsense, Starbucks, CVS, and Walgreens
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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 6 Potential Opportunities for your consideration. Besides 1 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.

    Neighborhood Shopping Center
    Neighborhood Shopping Center

    583, 585 Osuna Rd NE, Albuquerque, NM 87113

    $2,800,000
    14,160 sqft

    C-1 commercial center across from Sandia Preparatory School with established occupants and available space.

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    Dollar Tree-Anchored Retail Center
    Dollar Tree-Anchored Retail Center

    4405 JAGER DR NE, Rio Rancho, NM 87101

    Contact for pricing
    29,000 sqft

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

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    Retail Shopping Center for Sale
    Retail Shopping Center for Sale

    3301 Southern Boulevard Southeast, Rio Rancho, NM 87124

    Contact for pricing

    Shopping center offering a sizable retail footprint in Rio Rancho within the Albuquerque MSA.

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    Retail Center in Strong Trade
    Retail Center in Strong Trade

    5700 San Antonio Dr NE, Albuquerque, NM 87109

    Contact for pricing
    14,740 sqft

    Retail center with stable rent roll and high visibility.

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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.

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    Espanola, NM Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Espanola, NM on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Shopping centers 3
    Auto shops 1
    Automotive properties 1

    Demographics Overview

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

    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

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