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.

Petroglyph Plaza

8201 Golf Course Road NW, Taylor Ranch, Albuquerque, NM
Property

Retail

72,815 SF
Availability

3 Spaces

5,066 SF
Year Built

1998
For Lease Contact for pricing
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NWC Universe & Rainbow Blvds. NW

NWC Universe & Rainbow Blvds. NW, Volcano Cliffs, Albuquerque, NM
Property

VacantLand

3.36 Acre
Availability

1 Space

3.36 Acre
For Lease Contact for pricing
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723 Silver Avenue SW

723 SILVER AVE SW, Downtown Albuquerque, Albuquerque, NM
Property

Office

15,502 SF
Availability

1 Space

15,502 SF
For Lease

$16.50/SF/YR
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2200 Juan Tabo NE

2200 Juan Tabo NE, Indian Hills - Indian Ridge, Albuquerque, NM
Property

Retail

10,000 SF
Availability

1 Space

4,879 SF
Year Built

1975
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
2818 4th Street NW

2818 4th Street NW, Near North Valley, Albuquerque, NM
Property

Multi-Family

83,916 SF
Year Built

2023
For Sale

$18,200,000
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517 1st SW

517 1st SW, Barelas, Albuquerque, NM
Property

VacantLand

0.49 Acre
For Sale

$1,750,000
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5500 Paradise Blvd NW

5500 Paradise Blvd NW, Paradise Hills, Albuquerque, NM
Property

VacantLand

1 Acre
For Sale

$457,380
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10221 Central Avenue NE

10221 Central Avenue NE, South Los Altos, Albuquerque, NM
Property

VacantLand

0.43 Acre
Availability

1 Space

0.43 Acre
For Lease Contact for pricing
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1503 University Blvd NE

1503 University Blvd NE, Netherwood Park, Albuquerque, NM
Property

Office

8,648 SF
For Sale

$1,081,000
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9415 Susan Ave SE

9415 Susan Ave SE, South Los Altos, Albuquerque, NM
Property

Industrial

5,600 SF
For Sale

$650,000
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NEC Coors & Bridge Blvds. SW

NEC Coors & Bridge Blvds. SW, Alamosa, Albuquerque, NM
Property

VacantLand

5.62 Acre
For Sale

$950,000
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10501 Montgomery Pkwy

10501 Montgomery Pkwy, Oso Grande - Lincoln Green, Albuquerque, NM
Property

Office

32,415 SF
For Sale

$3,900,000
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San Mateo Square

3300 San Mateo Blvd, Uptown Albuquerque, Albuquerque, NM
Property

Retail

2,569 SF
Availability

1 Space

2,569 SF
For Lease

$9.00/SF/YR
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901 San Pedro Dr SE

901 San Pedro Dr SE, South San Pedro, Albuquerque, NM
Property

Office

13,000 SF
Availability

1 Space

13,000 SF
For Lease

$10.00/SF/YR
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217 San Pedro Drive NE

217 San Pedro Drive NE, Fair West, Albuquerque, NM
Property

Industrial

5,358 SF
Availability

1 Space

5,360 SF
For Lease

$2,250.00/MO
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510 Mesilla St SE

510 Mesilla St SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

3,000 SF
For Sale

$449,114
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Mesa Del Sol - Lot J

Mesa Del Sol, San Jose, Albuquerque, NM
Property

VacantLand

17.04 Acre
For Sale Contact for pricing
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7411 La Morada Place NW

7411 La Morada Place NW, Ladera West, Albuquerque, NM
Property

VacantLand

2.09 Acre
For Sale

$546,822
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Signalized Corner Pad @ 2nd Street & Menaul

2601 2nd Street NW, Near North Valley, Albuquerque, NM
Property

Retail

2,458 SF
Year Built

1991
For Sale

$849,000
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Office Space Available Minutes from ABQ Uptown

1903-1911 Wyoming Blvd NE, Inez, Albuquerque, NM
Property

Office
Availability

1 Space

1,300 SF
For Lease Contact for pricing
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SWC Fortuna Rd. & Quailbrush Dr. NW

SWC Fortuna Rd. & Quailbrush Dr. NW, Los Volcanes, Albuquerque, NM
Property

VacantLand

3.58 Acre
For Sale

$620,294
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7111 Prospect Pl NE

7111 Prospect Pl NE, Uptown Albuquerque, Albuquerque, NM
Property

Office

16,426 SF
Availability

2 Spaces

4,449 SF
Year Built

1968
For Lease

$12.00 - $14.00/SF/YR
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201 Pennsylvania St. & 210 Dallas St. NE

201 Pennsylvania St. & 210 Dallas St. NE, La Mesa, Albuquerque, NM
Property

Industrial

9,500 SF
For Sale

$1,140,000
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1128 Pennsylvania Street

1128 Pennsylvania St NE Albuquerque, Snow Heights, Albuquerque, NM
Property

Office

9,338 SF
Availability

2 Spaces

4,205 SF
For Lease

$15.00/SF/YR
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8005 Pennsylvania Cir NE

8005 Pennsylvania Cir NE, Snow Heights, Albuquerque, NM
Property

Office

4,401 SF
Availability

1 Space

1,556 SF
Year Built

1979
For Lease

$13.50/SF/YR
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7710 Menaul Blvd NE

7710 Menaul Blvd NE, Inez, Albuquerque, NM
Property

Retail

4,624 SF
Availability

1 Space

452 SF
Year Built

1973
For Lease

$939.03/MO
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1104 Palomas Dr SE

1104 Palomas Dr SE, South San Pedro, Albuquerque, NM
Property

Multi-Family

7,720 SF
Year Built

1955
For Sale

$963,138
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Bureau of Reclamation (BoR) and Social Security Administration (SSA)

555 Broadway Blvd NE, Santa Barbara - Martineztown, Albuquerque, NM
Property

Office

62,078 SF
Year Built

2003
For Sale

$13,300,000
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533 Louisiana Blvd. SE

533 Louisiana Blvd. SE, South San Pedro, Albuquerque, NM
Property

Retail

3,200 SF
For Sale

$225,000
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1649 Bridge- Casa Liquors

1649 Bridge Blvd SW, Vecinos Del Bosque, Albuquerque, NM
Property

Retail

5,141 SF
For Sale

$1,550,000.00 - $301.50 PSF Building/ $17.77 PSF Land
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Plaza West

5505 - 5511 Central Avenue Northwest , West Mesa, Albuquerque, NM
Property

Retail

16,764 SF
Year Built

1960
For Sale

$1,500,000
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High-Tech Lab Space & Office

5700 Pasadena Ave NE, Wildflower, Albuquerque, NM
Property

Industrial
Availability

1 Space

23,858 SF
For Lease Contact for pricing
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Jefferson Green

7603 Jefferson St NE, Loop Industrial District, Albuquerque, NM
Property

Office

63,000 SF
Availability

2 Spaces

63,000 SF
For Lease Contact for pricing
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8010 Palomas Ave NE

8010 Palomas Ave NE, Countrywood, Albuquerque, NM
Property

Office

4,700 SF
Availability

1 Space

4,700 SF
For Lease

$20.00/SF/YR
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2000 Carlisle Blvd NE

2000 Carlisle Blvd NE, Altura, Albuquerque, NM
Property

Retail

8,052 SF
Availability

1 Space

1,182 SF
Year Built

2006
For Lease

$1,950.00/MO
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College Plaza - UNM/Nob Hill Retail

2820 Central Avenue SE, University Heights - North Campus, Albuquerque, NM
Property

Retail

2,240 SF
Availability

1 Space

2,240 SF
Year Built

1956
For Lease Contact for pricing
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Medical Space near Presbyterian Kaseman Hospital

7800 Constitution Ave NE, Snow Heights, Albuquerque, NM
Property

Office
Availability

1 Space

1,650 SF
For Lease Contact for pricing
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5741 Midway Park Blvd NE

5741 Midway Park Blvd NE, Loop Industrial District, Albuquerque, NM
Property

Office

9,000 SF
Availability

1 Space

9,000 SF
Year Built

1990
For Lease

$14.00/SF/YR
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2006 Ridgecrest Drive SE

2006 Ridgecrest Drive SE, Parkland Hills, Albuquerque, NM
Property

Industrial

2,240 SF
For Sale

$320,000
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4710 Eubank Boulevard Northeast

4710 Eubank Boulevard Northeast, Oso Grande - Lincoln Green, Albuquerque, NM
Property

Office

5,500 SF
Availability

1 Space

5,500 SF
For Lease

$29.50/SF/YR
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1815 4th Street

1815 4th St NW, Wells Park, Albuquerque, NM
Property

Industrial

8,132 SF
Availability

1 Space

8,132 SF
For Lease

$9.75/SF/YR
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SWC 98th St. & Sage Rd. SW Lot 1E

SWC 98th St. & Sage Rd. SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

1.13 Acre
For Sale

$19.00/SF - $23.00/SF
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Universe & Rainbow Blvd NW Lot H

Universe & Rainbow Blvd NW, Ventana Ranch, Albuquerque, NM
Property

VacantLand

2.31 Acre
For Sale

$754,677
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Quail Plaza

2641 Coors Blvd. NW, S.R. Marmon, Albuquerque, NM
Property

Retail

3,125 SF
Availability

1 Space

3,125 SF
For Lease Contact for pricing
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8809 Washington St NE

8809 Washington St NE, Wildflower, Albuquerque, NM
Property

Office

10,216 SF
Availability

1 Space

984 SF
Year Built

1999
For Lease

$24.00/SF/YR
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Titan Innovation Center

NEQ Eubank Blvd & Innovation Pkwy SE, Oso Grande - Lincoln Green, Albuquerque, NM
Property

VacantLand

190,000 SF
For Sale Contact for pricing
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Lobo Sports & Tech District

I-25 & Gibson, Clayton Heights - Lomas Del Cielo, Albuquerque, NM
Property

VacantLand

4.6 Acre
For Sale Contact for pricing
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Former IHOP - SEC of Cottonwood at NM 528

3711 Ellison Road NW, Cottonwood Corners, Albuquerque, NM
Property

Retail

4,175 SF
Availability

1 Space

4,022 SF
For Lease Contact for pricing
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2220 Unser Blvd NW

2220 Unser Blvd NW, Ladera West, Albuquerque, NM
Property

Retail

224,069 SF
Availability

5 Spaces

229,900 SF
Year Built

2016
For Lease

$4,925.00 - $27,995.00/MO
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Mesa Del Sol - Lot K

Mesa Del Sol, San Jose, Albuquerque, NM
Property

VacantLand

13.96 Acre
For Sale Contact for pricing
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228 65th St SW

228 65th St SW, Alamosa, Albuquerque, NM
Property

Multi-Family

1,426 SF
Year Built

1972
For Sale

$308,555
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207 Monroe St NE - Building 6

207 Monroe St NE, Highland Business, Hudson, WI
Property

Industrial

26,460 SF
Year Built

1956
For Sale

$2,500,000
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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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