Strip Mall

Espanola, NM Strip Malls 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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Espanola, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Property with Retail Suites
Mixed-Use Property with Retail Suites

4723 Highway 314, Los Lunas, NM 87031

$750,000
6,283 sqft

Two commercial suites are vacant within a five-unit retail center, alongside a leased double-wide mobile home.

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Retail Strip Center Investment
Retail Strip Center Investment

5161 Lang Ave NE, Albuquerque, NM 87109

$3,930,000
8,685 sqft

Shadow-anchored strip center positioned near Bass Pro Shops within the Journal Center submarket.

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Retail Center with Rear Residence
Retail Center with Rear Residence

4723 Highway 314, Los Lunas, NM 87031

$750,000
1.49 AC lot

Five commercial suites share the property with a leased mobile home on a separate lot.

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C-1 Retail Strip Mall
C-1 Retail Strip Mall

12700 San Rafael Ave. NE, Albuquerque, NM 87122

Contact for pricing
14,932 sqft

The retail strip center carries C-1 zoning and provides a substantial commercial footprint.

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Espanola, NM Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Espanola, NM on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale, with an estimated market value of $2,890,900.

Sale prices for retail strips 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 $2.9M

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

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