Albuquerque, NM Commercial Real Estate for Lease and Sale

Explore 600 listings of Albuquerque commercial real estate to find the best space for your business.

Montgomery Medical Park

6800 Montgomery Blvd NE, Montgomery Park, Albuquerque, NM
Property

Office

40,667 SF
Availability

2 Spaces

4,506 SF
Year Built

1975
For Lease

$27.00/SF/YR
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Warehouse Concrete Tilt Up With Gated & Paved Yard with Drive in Door

1301 Yale Blvd SE, Clayton Heights - Lomas Del Cielo, Albuquerque, NM
Property

Industrial

9,024 SF
Availability Contact for availability
Year Built

1972
For Lease Contact for pricing
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Newly Updated Clearspan Warehouse with Gated & Paved Yard near Big I

2407 Commercial St NE, Santa Barbara - Martineztown, Albuquerque, NM
Property

Mixed Use

8,634 SF
Availability Contact for availability

For Lease Contact for pricing
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Summit Office Building

4001 Indian School Road NE, Altura, Albuquerque, NM
Property

Office

43,155 SF
Availability

4 Spaces

3,508 SF
Year Built

1977
For Lease

$17.50/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
2601 Wyoming Blvd. NE

2601 Wyoming Blvd. NE, Sombra Del Monte, Albuquerque, NM
Property

Office

20,000 SF
Availability

1 Space

88 SF
For Lease

$135.00/MO
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La Mesa Shopping Center

3115 - 3167 San Mateo Boulevard Northeast, McKinley, Albuquerque, NM
Property

Retail

42,190 SF
Availability

2 Spaces

4,320 SF
Year Built

1956
For Lease

$11.00 - $12.00/SF/YR
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Neighborhood Strip Center Near ABQ Uptown

7401 Menaul Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Retail
Availability

1 Space

3,795 SF
For Lease Contact for pricing
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Jefferson Plaza

4041 Jefferson Plaza, Loop Industrial District, Albuquerque, NM
Property

Office

77,276 SF
Availability

3 Spaces

32,942 SF
Year Built

2008
For Lease

$23.00/SF/YR
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Former Sanitary Tortilla Factory - SWC of 2nd St and Lead Ave

401 2nd St SW, Downtown Albuquerque, Albuquerque, NM
Property

Retail

7,476 SF
For Sale

$880,000
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6100 Uptown

6100 Uptown Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Office

95,477 SF
Availability

1 Space

3,767 SF
Year Built

1983
For Lease

$22.00/SF/YR
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Gold Building

320 Gold Avenue SW, Downtown Albuquerque, Albuquerque, NM
Property

Office

108,032 SF
Availability

8 Spaces

19,065 SF
Year Built

1962
For Lease

$17.50/SF/YR
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Sierra Vista

9500 Montgomery Blvd NE, Loma Del Rey, Albuquerque, NM
Property

Office

31,541 SF
Availability

4 Spaces

6,090 SF
Year Built

1982
For Lease

$14.00/SF/YR
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Academy Office Park - 6739 Academy Road NE

6739 Academy Road NE, Bear Canyon, Albuquerque, NM
Property

Office

32,420 SF
Availability

2 Spaces

3,272 SF
Year Built

1991
For Lease

$20.00/SF/YR
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Far North Shopping Center

6300 San Mateo Blvd, Academy Acres North, Albuquerque, NM
Property

Retail
Availability

1 Space

2,567 SF
For Lease Contact for pricing
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1015 Tijeras Avenue NW

1015 Tijeras Avenue NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

35,744 SF
Availability

2 Spaces

14,741 SF
Year Built

2003
For Lease

$19.75/SF/YR
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NORTH I-25 CLASS-A OFFICE BUILDING

101 Sun Avenue Northeast | Bldg C, Loop Industrial District, Albuquerque, NM
Property

Office

12,078 SF
For Sale

$2,778,000
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520 Airport Drive NW

520 Airport Drive NW, Los Volcanes, Albuquerque, NM
Property

Industrial

68,426 SF
Availability

1 Space

5,200 SF
Year Built

2003
For Lease

$14.50/SF/YR
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500 Marquette

500 Marquette Avenue NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

231,135 SF
Availability

10 Spaces

39,124 SF
Year Built

1986
For Lease

$23.50/SF/YR
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North 1-25 Office Warehouse

6816 Academy Parkway East NE, Loop Industrial District, Albuquerque, NM
Property

Office

3,750 SF
Availability

1 Space

3,750 SF
Year Built

2000
For Lease

$12.00/SF/YR
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Marshall Building

7770 Jefferson Street NE, Loop Industrial District, Albuquerque, NM
Property

Office

78,000 SF
Availability

1 Space

931 SF
Year Built

1989
For Lease Contact for pricing
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9905 Bell Ave SE

9905 Bell Ave SE, South Los Altos, Albuquerque, NM
Property

Industrial

7,516 SF
Year Built

1970
For Sale

$1,441,500
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201 San Mateo Blvd NE

201 San Mateo Blvd NE, Highland Business, Albuquerque, NM
Property

Retail

3,045 SF
Year Built

1961
For Sale

$485,000
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5913 - 5915 Central Ave NE

5909 Central Ave NE, Fair West, Albuquerque, NM
Property

Industrial

7,947 SF
Availability

1 Space

7,947 SF
Year Built

1952
For Lease

$12.00/SF/YR
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Metro Center

1720 Louisiana Blvd NE, Jerry Cline Park, Albuquerque, NM
Property

Office

46,559 SF
Availability

3 Spaces

5,129 SF
Year Built

1983
For Lease

$19.00/SF/YR
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1036 Alvarado Dr. SE

1036 Alvarado Dr. SE, South San Pedro, Albuquerque, NM
Property

Multi-Family

7,528 SF
Year Built

1959
For Sale

$1,070,000
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Professional Office

5338 Montgomery Blvd. NE, Montgomery Park, Albuquerque, NM
Property

Office

69,097 SF
Availability

4 Spaces

56,478 SF
For Lease

$16.00/SF/YR
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Retail Pads for Sale in the Ever-Growing Community of Mesa del Sol

University Blvd SE, San Jose, Albuquerque, NM
Property

Retail
For Sale Contact for pricing
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1101 Cardenas Dr. NE

1101 Cardenas Dr NE, Fair Heights, Albuquerque, NM
Property

Office

12,653 SF
Availability

3 Spaces

2,207 SF
Year Built

1972
For Lease

$11.00 - $11.24/SF/MO
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Investment Opportunity | Central Plaza

5401 Central Ave NW, Pat Hurley, Albuquerque, NM
Property

Other

22,773 SF
Year Built

1974
For Sale

$2,535,228
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Commercial Medical Office | For Sale

4010 Montgomery Blvd NE, Hodgin, Albuquerque, NM
Property

Other

11,700 SF
Year Built

2007
For Sale

$4,600,000
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10421 Research Road SE

10421 Research Road SE, Willow Wood, Albuquerque, NM
Property

Industrial

52,873 SF
Availability

1 Space

5,480 SF
Year Built

2004
For Lease

$20.00/SF/YR
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Office Warehouse with Cold Storage and Yard

1920 Columbia SE, Victory Hills, Albuquerque, NM
Property

Industrial

17,797 SF
Availability

2 Spaces

17,796 SF
Year Built

1981
For Lease

$14.00/SF/YR
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5113 Lomas Blvd NE

5113 Lomas Blvd NE, Pueblo Alto, Albuquerque, NM
Property

Unassigned

2,392 SF
Availability Contact for availability
Year Built

1954
For Lease Contact for pricing
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Vacant Land on Central

Central Ave SW Albuquerque 87121 USA, Westgate Heights, Albuquerque, NM
Property

Other
For Sale Contact for pricing
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316 Industrial Ave NE

316 Industrial Ave NE, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Industrial

13,812 SF
Availability

1 Space

6,906 SF
Year Built

1958
For Lease

$11.00/SF/YR
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Open Flex Space in Nob Hill with Yard

127 Jefferson st ne, Highland Business, Albuquerque, NM
Property

Mixed Use

2,871 SF
Availability

3 Spaces

2,871 SF
Year Built

1975
For Lease

$15.00/SF/YR
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Jefferson Commons II

5411 Jefferson Street NE, Loop Industrial District, Albuquerque, NM
Property

Office

149,627 SF
Availability

3 Spaces

33,987 SF
Year Built

2000
For Lease

$16.00/SF/YR
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Century Plaza

400 Tijeras Ave NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

422,341 SF
Availability

16 Spaces

165,938 SF
Year Built

1981
For Lease

$15.00 - $21.00/SF/YR
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11930 Central SE

11930 Central SE, Singing Arrow, Albuquerque, NM
Property

Land
For Sale

$350,000
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119 Industrial Avenue NE

119 Industrial Avenue NE, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Office

8,122 SF
Availability

1 Space

8,122 SF
For Lease

$10.00/SF/YR
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8521 Central Ave NE

8521 Central Ave NE, La Mesa, Albuquerque, NM
Property

Retail
For Sale

$750,000
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Academy Pkwy Warehouse with 0.44 acres of Gated and Paved Yard

6817 Academy Parkway East NE, Loop Industrial District, Albuquerque, NM
Property

Office

13,778 SF
Availability

1 Space

13,391 SF
Year Built

1982
For Lease

$12.00/SF/YR
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135 Wyoming Blvd NE

135 Wyoming Blvd NE, La Mesa, Albuquerque, NM
Property

Industrial

2,874 SF
Year Built

1989
For Sale

$156.58/SF
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1823 Commercial St NE Suite C

1823 Commercial St NE, Santa Barbara - Martineztown, Albuquerque, NM
Property

Industrial

5,760 SF
For Sale

$629,316
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1823 Commercial St NE Suite A

1823 Commercial St NE Suite A, Santa Barbara - Martineztown, Albuquerque, NM
Property

Industrial

8,097 SF
For Sale

$972,000
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City Place

2155 Louisiana Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Office

152,400 SF
Availability

4 Spaces

31,036 SF
Year Built

1983
For Lease

$22.00/SF/YR
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1907 8th St NW

1907 8th St NW, Wells Park, Albuquerque, NM
Property

Industrial

2,964 SF
Availability

1 Space

2,496 SF
Year Built

1989
For Lease

$3,367.00/MO
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Sandra Plaza

1605 Juan Tabo Blvd NE, Jackson, Albuquerque, NM
Property

Retail

34,866 SF
Availability

1 Space

2,494 SF
Year Built

1986
For Lease

$12.00/SF/YR
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San Pedro Office Park

2201 San Pedro Drive NE, Alvarado Park, Albuquerque, NM
Property

Office

93,692 SF
Availability

5 Spaces

16,496 SF
Year Built

1972
For Lease

$966.00 - $12,424.00/MO
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One Sun Plaza - San Francisco Building

101B Sun Avenue NE, Loop Industrial District, Albuquerque, NM
Property

Office

68,633 SF
Availability

2 Spaces

30,763 SF
Year Built

1998
For Lease

$26.00/SF/YR
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Sleep Inn Albuquerque Airport

2300 International Ave, Clayton Heights - Lomas Del Cielo, Albuquerque, NM
Property

Retail

1.9 Acre
For Sale

$6,500,000
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9374 Valley View Dr NW

9374 Valley View Dr NW, Riverfronte Estates, Albuquerque, NM
Property

VacantLand
For Sale

$465,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Albuquerque commercial real estate market incorporates 6,012,917 square feet of office space across 165 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Albuquerque commercial real estate market includes 2,916,886 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Albuquerque market, there is a total of 1,807,082 square feet of industrial property.

The listing inventory in Albuquerque incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Albuquerque is represented by Office space, which accounts for 1,499,624 square feet of available listings. Retail space available in Albuquerque adds up to 1,326,152 square feet.

Meanwhile, most of the listings of commercial property for sale in Albuquerque are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Albuquerque is $17.89 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Albuquerque can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $20.12 per square foot, industrial space in Albuquerque saw average rents of $14.52 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Albuquerque, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Albuquerque is in the Loop Industrial District neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Albuquerque area.

Meanwhile, retail space opportunities are most abundant in the Bel Air submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Ladera West.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $100 per square foot. In particular, the property type commanding the highest lease rates in Albuquerque was Office space.

Conversely, the highest sale price last year was $5,120,500 that is located at 7401 Snaproll Street NE.

The average size of a commercial property in Albuquerque depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Albuquerque, the average size of an office property is 44,213 square feet.
Retail properties here incorporate an average of 25,587 square feet.
Industrial space in Albuquerque is in buildings that are, on average 28,684 square feet in size.

Albuquerque, NM Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Albuquerque currently add up to 6,196,976 square feet. The market offers 138 active office listing(s), which amount to 1,499,624 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 1,336,437 square feet across 105 retail space(s). Industrial space for rent opportunities in Albuquerque amount to 635,188 square feet across a total of 44 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	138	1,499,624
Retail	105	1,336,437
Industrial	44	635,188
Other	33	2,725,727

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Albuquerque, NM. Currently, there is 2,482,680 square feet of commercial property for sale here , which includes 27 office building(s) for sale , 48 retail investment opportunity listing(s) , and 28 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	27	543,857
Retail	48	330,370
Industrial	28	380,322
Other	163	1,228,130

Albuquerque, NM Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Albuquerque, NM?

What factors affect the price of commercial real estate in Albuquerque, NM?

What is the average rent for commercial space in Albuquerque, NM?

What are the best areas for commercial real estate in Albuquerque, NM?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Albuquerque, NM?

Albuquerque, NM Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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