Albuquerque, NM Commercial Real Estate for Lease and Sale

Explore 590 listings of Albuquerque commercial real estate to find the best space for your business.

2900 Central Avenue Southeast

2900 Central Avenue Southeast, University Heights - North Campus, Albuquerque, NM
Property

Retail

7,230 SF
Availability

2 Spaces

7,230 SF
Year Built

2024
For Lease Contact for pricing
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3620 Wyoming Boulevard Northeast
Absolute Offices
3620 Wyoming Boulevard Northeast, Albuquerque, NM
Services

Meeting Room
Amenities

Break room

Heating & A/C

High-speed wifi
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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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1010 3rd Street NW

1010 3rd Street NW, Downtown Albuquerque, Albuquerque, NM
Property

Industrial

9,940 SF
For Sale

$599,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
10205 Central Ave NW

10205 Central Ave NW Albuquerque, Avalon, Albuquerque, NM
Property

VacantLand

6.2 Acre
For Sale

$1,100,000
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2112 2nd Street SW

2112 2nd Street SW, Barelas, Albuquerque, NM
Property

Industrial

18,429 SF
Availability

1 Space

3,866 SF
For Lease

$11.00/SF/YR
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11505 Central Ave SE

11505 Central Ave SE, Mirabella Miravista, Albuquerque, NM
Property

Retail

3,390 SF
For Sale

$550,000
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SEQ Unser Blvd. & Sage Rd. SW

SEQ Unser Blvd. & Sage Rd. SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

1.01 Acre
For Sale

$600,000
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SWC Unser & McMahon NW, Lot 1

SWC Unser & McMahon NW, Stonebridge, Albuquerque, NM
Property

VacantLand

8.92 Acre
For Sale Contact for pricing
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708 Nicklaus SW

708 Nicklaus SW, Westgate Heights, Albuquerque, NM
Property

Multi-Family

1,190 SF
Year Built

2004
For Sale

$179,894
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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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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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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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NEQ Paseo del Norte & Universe Blvd. NW

NEQ Paseo del Norte & Universe Blvd. NW, Loop Industrial District, Albuquerque, NM
Property

VacantLand

1.08 Acre
Availability

1 Space

1.08 Acre
For Lease Contact for pricing
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7600 Central Ave SE

7600 Central Ave SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

8,831 SF
For Sale

$1,525,000
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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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SEC 98th St. & Bluewater Rd. NW

SEC 98th St. & Bluewater Rd. NW, Avalon, Albuquerque, NM
Property

VacantLand

4.84 Acre
Availability

1 Space

1.24 Acre
For Lease Contact for pricing
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Office/Flex Building - 7401 Snaproll St NE

7401 Snaproll St NE, Loop Industrial District, Albuquerque, NM
Property

Other
Availability

1 Space

47,529 SF
For Lease Contact for pricing
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SWC Vista Fuenta Rd. & Nunzio Ave. Tract B-1

SWC Vista Fuenta Rd. & Nunzio Ave., Piedras Marcadas, Albuquerque, NM
Property

VacantLand

0.96 Acre
For Sale

$9.50/SF
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Freestanding Bank Sublease

1418 Carlisle Blvd NE, Altura, Albuquerque, NM
Property

Retail
Availability

1 Space

2,190 SF
For Lease Contact for pricing
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Tranquil Office Space in Busy NE Corridor

6020 Academy Rd NE, Del Norte, Albuquerque, NM
Property

Office
Availability

1 Space

1,320 SF
For Lease Contact for pricing
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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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1016 Juan Tabo NE

1016 Juan Tabo NE, Eastridge - Monterey Manor, Albuquerque, NM
Property

Retail

1,200 SF
Availability

1 Space

1,217 SF
For Lease

$14.00/SF/YR
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Mountain Road Medical Plaza

8010 Mountain Rd NE, Snow Heights, Albuquerque, NM
Property

Office

8,843 SF
Availability

1 Space

2,000 SF
Year Built

1979
For Lease

$15.50/SF/YR
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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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4519-4525 Williams St SE

4519 Williams St, San Jose, Albuquerque, NM
Property

VacantLand

9.9 Acre
For Sale

$3,148,203
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1931 San Mateo Blvd NE

1931 San Mateo Blvd NE, Pueblo Alto, Albuquerque, NM
Property

Office

2,000 SF
For Sale Contact for pricing
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NWQ Eubank Blvd. & Chico Rd. NE

NWQ Eubank Blvd. & Chico Rd. NE, Sandia Vista, Albuquerque, NM
Property

VacantLand

0.32 Acre
For Sale

$300,000
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Gateway Office Park

2021 Girard Blvd SE, Victory Hills, Albuquerque, NM
Property

Office

30,528 SF
Year Built

1980
For Sale

$1,750,000
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3841 Midway Pl NE

3841 Midway Pl NE, Loop Industrial District, Albuquerque, NM
Property

Industrial

9,065 SF
Availability

1 Space

9,065 SF
For Lease

$10.95/SF/YR
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335 Espanola NE

335 Espanola St NE, La Mesa, Albuquerque, NM
Property

Multi-Family

7,500 SF
Year Built

1946
For Sale

$930,000
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421 Edith SE Blvd SE

421 Edith SE Blvd SE, Broadway, Albuquerque, NM
Property

Multi-Family

4,622 SF
For Sale

$790,844
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Canyon Plaza

417 Tramway NE, Manzano Manor, Albuquerque, NM
Property

Retail

20,000 SF
Availability

3 Spaces

6,538 SF
Year Built

1987
For Lease

$18.00/SF/YR
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6001 Osuna Road NE #A

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

Retail

2,880 SF
For Sale Contact for pricing
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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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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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4904 & 4814 Central Ave. SW

4904 & 4814 Central Ave. SW, Crestview Bluff, Albuquerque, NM
Property

VacantLand

0.86 Acre
For Sale Contact for pricing
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Innovation Park at Mesa Del Sol

Crick Ave SE, San Jose, Albuquerque, NM
Property

VacantLand

51.86 Acre
For Sale Contact for pricing
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SWC Interstate 40 & Unser Blvd

SWC Interstate 40 & Unser Blvd, Taylor Ranch, Albuquerque, NM
Property

VacantLand

37.4 Acre
For Sale Contact for pricing
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406 Pennsylvannia SE

406 Pennsylvannia SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

858 SF
Year Built

1951
For Sale

$132,402
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2128 Coal Avenue Southeast

2128 Coal Avenue Southeast, Silver Hill, Albuquerque, NM
Property

Multi-Family

2,500 SF
Year Built

1940
For Sale

$550,000
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3400 Calle Cuervo NW & 3501 NM-528 NW

3400 Calle Cuervo NW, Cottonwood Corners, Albuquerque, NM
Property

Retail

106,507 SF
Availability

1 Space

1,333 SF
Year Built

1978
For Lease

$34.00/SF/YR
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4638 10th St NW

4638 10th St NW, Greater Gardner, Albuquerque, NM
Property

Multi-Family

2,517 SF
Year Built

1954
For Sale

$628,881
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Mesa Del Sol - Lot M

Mesa Del Sol, San Jose, Albuquerque, NM
Property

VacantLand

11.5 Acre
For Sale Contact for pricing
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4200 Silver Ave SE

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

Office

4,730 SF
Year Built

1962
For Sale

$605,440
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SWC Unser Blvd. & Sage Rd. SW Lot 2

SWC Unser Blvd. & Sage Rd. SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

0.98 Acre
For Sale

$770,578.2
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6001 Osuna Road NE #E

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

Retail

1,632 SF
For Sale Contact for pricing
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NM Design Center

4801 Alameda Blvd NE Albuquerque, Wildflower, Albuquerque, NM
Property

Retail
Availability

1 Space

1,568 SF
For Lease Contact for pricing
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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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540 Rhode Island SE

540 Rhode Island SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

875 SF
Year Built

1958
For Sale

$129,524
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6401 Uptown Blvd NE

6401 Uptown Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

VacantLand

2.9 Acre
Availability

1 Space

2.9 Acre
For Lease Contact for pricing
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11601 Menaul Boulevard Northeast

11601 Menaul Boulevard Northeast, Enchanted Park, Albuquerque, NM
Property

Retail

1,650 SF
Availability

1 Space

1,650 SF
For Lease

$18.00/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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