Albuquerque, NM Commercial Real Estate for Lease and Sale

Explore 599 listings of Albuquerque commercial real estate to find the best space for your business.

901 San Pedro Dr SE

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

Retail

3,995 SF
Availability

1 Space

3,995 SF
For Lease Contact for pricing
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4405 Cutler Avenue NE

4405 Cutler Avenue NE, Bel Air, Albuquerque, NM
Property

Industrial

4,834 SF
For Sale

$725,000
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4949 Jefferson St NE

4949 Jefferson St NE, Hodgin, Albuquerque, NM
Property

VacantLand

0.37 Acre
Availability

1 Space

0.37 Acre
For Lease

$2,200.00/MO
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5241 Ouray Road NW

5241 Ouray Road NW, West Bluff, Albuquerque, NM
Property

Retail

1,179 SF
Availability

1 Space

1,179 SF
For Lease

$30.00 - $34.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
6751 Academy Rd NE

6751 Academy Rd NE, Bear Canyon, Albuquerque, NM
Property

Office

1,373 SF
Availability

1 Space

1,373 SF
For Lease

$18.50/SF/YR
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4200 Silver Ave SE

4200 Silver Ave SE, Southeast Heights, Albuquerque, NM
Property

Office

4,730 SF
Availability

3 Spaces

2,106 SF
Year Built

1962
For Lease

$750.00/MO
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4200 4th St NW

4200 4th St NW, Greater Gardner, Albuquerque, NM
Property

Retail

12,209 SF
For Sale

$2,350,000
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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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7934 Bell SE

7934 Bell SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

1,140 SF
Year Built

1987
For Sale

$118,730
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9701 Volcano Road NW

9701 Volcano Road NW, Avalon, Albuquerque, NM
Property

VacantLand

5 Acre
For Sale

$1,500,000
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1027 Truman SE

1027 Truman SE, Parkland Hills, Albuquerque, NM
Property

Multi-Family

5,500 SF
Year Built

1955
For Sale

$923,759
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2810 Karsten Court SE

2810 Karsten Court SE, San Jose, Albuquerque, NM
Property

Industrial

52,856 SF
Availability

1 Space

52,856 SF
Year Built

2006
For Lease

$11.50/SF/YR
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NWQ Rio Bravo & Broadway

NWQ Rio Bravo & Broadway, Santa Barbara - Martineztown, Albuquerque, NM
Property

VacantLand

24.9 Acre
For Sale

$4,881,000
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4308 Carlisle NE

4308 Carlisle Blvd. NE, Hodgin, Albuquerque, NM
Property

Office

24,714 SF
Availability

1 Space

5,000 SF
Year Built

1986
For Lease

$15.50/SF/YR
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12601 Montgomery NE

12601 Montgomery NE, John B Robert, Albuquerque, NM
Property

Retail

4,299 SF
Availability

2 Spaces

2,636 SF
Year Built

1988
For Lease

$3,120.00 - $3,990.00/MO
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Strip Mall on Carlisle

4200-4232 Carlisle Blvd. NE, Hodgin, Albuquerque, NM
Property

Retail

20,000 SF
Year Built

1973
For Sale

$1,950,000
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2637 Texas St NE

2637 Texas St NE, Sombra Del Monte, Albuquerque, NM
Property

Retail

4,800 SF
Availability

1 Space

4,800 SF
For Lease

$10.00/SF/MO
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3200 Coors Blvd NW

3200 Coors Blvd NW, West Bluff, Albuquerque, NM
Property

Retail

19,040 SF
Availability

3 Spaces

6,059 SF
Year Built

1981
For Lease Contact for pricing
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1401 San Pedro Drive NE

1401 San Pedro Dr NE, Fair Heights, Albuquerque, NM
Property

Office

7,542 SF
Year Built

1960
For Sale

$1,282,000
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3444 - 3440 - 3436 Ross Ave SE

3440 Ross Ave SE, Southeast Heights, Albuquerque, NM
Property

Multi-Family

6,112 SF
Year Built

1972
For Sale

$696,778
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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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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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101 Sun Ave. NE, Building C

101 Sun Ave. NE, Loop Industrial District, Albuquerque, NM
Property

Office

12,078 SF
Year Built

1995
For Sale

$2,778,000
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8500 Menaul Blvd NE Suite, A-240

8500 Menaul Blvd. NE, North Eastern Albuquerque, Albuquerque, NM
Property

Office

167,005 SF
Availability

1 Space

1,800 SF
For Lease

$19.50/SF/YR
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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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5401 Sevilla Avenue Northwest

5401 Sevilla Avenue Northwest, La Luz Del Sol, Albuquerque, NM
Property

VacantLand

0.68 Acre
For Sale

$771,472
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Uptown Office Space for Lease

6605 Uptown Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Office
Availability

1 Space

9,443 SF
For Lease Contact for pricing
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6001 Osuna Road NE #B

6001 Osuna Road NE, Del Norte, Albuquerque, NM
Property

Retail

2,880 SF
For Sale Contact for pricing
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109 Juan Tabo Blvd NE

109 Juan Tabo Blvd NE, Sandia Vista, Albuquerque, NM
Property

VacantLand

0.54 Acre
For Sale

$350,000
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Fountain Hills - Westside Land, Tract A-2-B-1-B

NWQ Paseo Del Norte & Eagle Ranch, Loop Industrial District, Albuquerque, NM
Property

VacantLand

2.73 Acre
For Sale

$1,189,188
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Mulberry Medical Offices

1010 Lead Ave SE, Sycamore, Albuquerque, NM
Property

Office

5,483 SF
Availability

2 Spaces

5,483 SF
For Lease

$16.50 - $18.50/SF/YR
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SWC Unser & McMahon NW, Lot 9

SWC Unser & McMahon NW, Skies West, Albuquerque, NM
Property

VacantLand

0.98 Acre
For Sale Contact for pricing
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505 Marquette

505 Marquette Ave NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

223,000 SF
Availability

9 Spaces

45,802 SF
For Lease

$16.50/SF/YR
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4770 Montgomery Blvd NE

4770 Montgomery Blvd NE, Hodgin, Albuquerque, NM
Property

Retail

68,953 SF
Availability

2 Spaces

3,865 SF
Year Built

1986
For Lease

$14.00/SF/YR
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11500 Linn Ave

11500 Linn Ave, Sandia Vista, Albuquerque, NM
Property

Retail

6,000 SF
For Sale

$750,000
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Highly Visible Land on I-25 & Gibson

SEC I-25 & Gibson Blvd, Kirtland, Albuquerque, NM
Property

Other
For Sale

$2,566,380
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Freestanding Office Building Near ABQ Old Town

1500 Mountain Rd NW, Downtown Albuquerque, Albuquerque, NM
Property

Office
Availability

1 Space

2,877 SF
For Lease Contact for pricing
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SWQ Coors Blvd. & Fortuna Rd. NW

SWQ Coors Blvd. & Fortuna Rd. NW, La Luz Del Sol, Albuquerque, NM
Property

VacantLand

1.56 Acre
For Sale

$407,721
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316 Utah St NE

316 Utah St NE, La Mesa, Albuquerque, NM
Property

Multi-Family

1,154 SF
Year Built

1948
For Sale

$244,656
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301 San Mateo SE

301 San Mateo SE, Highland Business, Albuquerque, NM
Property

Retail

209,079 SF
Year Built

1994
For Sale Contact for pricing
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San Mateo & Lomas

933 San Mateo Boulevard, Highland Business, Albuquerque, NM
Property

Retail

1,975 SF
Availability

1 Space

1,975 SF
For Lease Contact for pricing
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10500 Research Road SE

10500 Research Road SE, Willow Wood, Albuquerque, NM
Property

Office

12,000 SF
Availability

1 Space

12,000 SF
For Lease

$15.50/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
Availability

1 Space

190,000 SF
For Lease Contact for pricing
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Ridge Trl

Ridge Trl, Vineyard Estates, Sandia Park, NM
Property

VacantLand
For Sale

$699,900
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2915 Girard Blvd. NE

2915 Girard Blvd. NE, Netherwood Park, Albuquerque, NM
Property

Industrial

4,993 SF
For Sale

$649,090
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2637 Texas St NE

2637 Texas St NE, Sombra Del Monte, Albuquerque, NM
Property

Retail

4,800 SF
Year Built

1960
For Sale

$552,000
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SEQ 118th St. & Central Ave. SW

Central Ave SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

17.9 Acre
For Sale

$1,900,000
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Cardenas Retail Shop

111 Cardenas Dr NE, Fair West, Albuquerque, NM
Property

Retail

5,500 SF
Year Built

1952
For Sale Contact for pricing
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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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Los Altos Plaza

4200 Wyoming Blvd NE, Loma Del Rey, Albuquerque, NM
Property

Retail

48,104 SF
Availability

2 Spaces

9,807 SF
Year Built

1990
For Lease

$9.00 - $19.00/SF/YR
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2810 Karsten Court SE

2810 Karsten Court SE, San Jose, Albuquerque, NM
Property

Industrial

52,856 SF
Year Built

2006
For Sale

$6,607,000
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The Pavilions at San Mateo

5000 Cutler NE, Bel Air, Albuquerque, NM
Property

Office

3,394 SF
Availability

1 Space

3,394 SF
For Lease

$19.00/SF/YR
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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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