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.

6001 Osuna Road NE

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

Retail

19,888 SF
For Sale

$4,474,800
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6001 Osuna Road NE #D

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

Retail

2,800 SF
For Sale Contact for pricing
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7001 Menaul Boulevard Northeast
Absolute Offices
7001 Menaul Boulevard Northeast #B, Albuquerque, NM
Services

Meeting Room

Private Office
Amenities

Heating & A/C

High-speed wifi
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1920 Lead Avenue SE

1920 Lead Avenue SE, Silver Hill, Albuquerque, NM
Property

Multi-Family

2,050 SF
Year Built

1935
For Sale

$599,237
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Office Coworking Retail Industrial

Office Retail Industrial Land
1132 Palomas Dr SE

1132 Palomas Dr SE, South San Pedro, Albuquerque, NM
Property

Multi-Family

7,646 SF
Year Built

1958
For Sale

$949,530
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8820 Susan Avenue SE

8820 Susan Avenue SE, South Los Altos, Albuquerque, NM
Property

Industrial

4,500 SF
Availability

3 Spaces

4,500 SF
For Lease

$14.00/SF/YR
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8225 Washington St NE

8225 Washington St NE, Loop Industrial District, Albuquerque, NM
Property

VacantLand

1.67 Acre
Availability

1 Space

1.67 Acre
For Lease

$4,850.00/MO
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7401 Indian School Rd NE

7401 Indian School Rd NE, Uptown Albuquerque, Albuquerque, NM
Property

Retail

5,260 SF
Availability

1 Space

5,260 SF
For Lease

$25.00 - $45.00/SF/YR
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111 Cardenas Dr NE

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

Industrial

5,052 SF
Year Built

1952
For Sale

$606,240
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6721 Academy Rd NE

6721 Academy Rd NE, Bear Canyon, Albuquerque, NM
Property

Office

3,318 SF
Availability

1 Space

1,125 SF
For Lease

$2,000.00/MO
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Guadalupe Plaza

6211 4th St NW, Lee Acres, Albuquerque, NM
Property

Retail
Availability

1 Space

23,085 SF
For Lease Contact for pricing
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The Taxiway

1350 Sunport Place Southeast, San Jose, Albuquerque, NM
Property

Retail

4,240 SF
Availability

1 Space

4,240 SF
For Lease Contact for pricing
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Journal Center

4415 Hawkins NE, Loop Industrial District, Albuquerque, NM
Property

Office

10,384 SF
Availability

3 Spaces

7,200 SF
Year Built

1983
For Lease

$16.00/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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6610 Central Ave. SE

6610 Central Ave. SE, South San Pedro, Albuquerque, NM
Property

Industrial

3,129 SF
For Sale

$585,000
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3320 2nd Street NW

3320 2nd Street NW, Near North Valley, Albuquerque, NM
Property

Retail

11,176 SF
For Sale

$1,229,360
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9700-9722 Central Ave. SW

9700-9722 Central Ave. SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

1.4 Acre
For Sale

$945,000
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Prime Uptown Office Space

6200 Uptown Blvd NE Albuquerque 87110 USA, Uptown Albuquerque, Albuquerque, NM
Property

Office
Availability

1 Space

3,983 SF
Year Built

1985
For Lease Contact for pricing
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11301 Central Ave NE

11301 Central Ave NE, Sandia Vista, Albuquerque, NM
Property

Retail

4,080 SF
For Sale

$800,000
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2325 San Pedro Dr NE

2325 San Pedro Dr NE, Alvarado Park, Albuquerque, NM
Property

Office

26,561 SF
Availability

2 Spaces

2,025 SF
Year Built

1986
For Lease

$175.00 - $2,925.00/MO
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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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241 98th St NW

241 98th St NW, Avalon, Albuquerque, NM
Property

VacantLand

0.79 Acre
Availability

1 Space

0.79 Acre
For Lease Contact for pricing
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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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5740-5770 McMahon Blvd. NW

5740-5770 McMahon Blvd. NW, Tuscany - Paloma Del Sol, Albuquerque, NM
Property

VacantLand

102,406 SF
Availability

2 Spaces

38,908 SF
For Lease

$9,995.00 - $12,980.00/MO
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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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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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2701 – 2755 Sunshine West Plaza Dr SW Lot 4

2701 - 2755 Sunshine West Plaza Dr SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

0.98 Acre
For Sale

$213,445
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1714 Eubank Blvd. NE

1714 Eubank Blvd. NE, Jackson, Albuquerque, NM
Property

Industrial

7,200 SF
Availability

1 Space

7,200 SF
For Lease

$9,600.00/MO
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1224 Pennsylvania St NE | For Lease

1224 Pennsylvania St NE, Snow Heights, Albuquerque, NM
Property

Office
Availability

1 Space

1,270 SF
For Lease Contact for pricing
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10221 Central Ave NE

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

VacantLand

0.43 Acre
For Sale Contact for pricing
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De Anza Coffee Shop

4301 Central Ave NE, Nob Hill, Albuquerque, NM
Property

Retail

1,200 SF
Year Built

1956
For Sale

$350,000
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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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Montgomery Crossing II

8510 Montgomery Blvd NE, Loma Del Rey, Albuquerque, NM
Property

Retail

2,960 SF
Availability

1 Space

2,960 SF
For Lease

$20.00 - $24.50/SF/YR
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4204 Lead Ave SE

4204 Lead Ave SE, Southeast Heights, Albuquerque, NM
Property

Retail

18,000 SF
Availability

4 Spaces

18,000 SF
For Lease

$14.00/SF/YR
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8000 Pennsylvania Circle NE

8000 Pennsylvania Circle NE, Snow Heights, Albuquerque, NM
Property

Office

6,705 SF
Availability

3 Spaces

5,760 SF
For Lease

$15.50/SF/YR
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Ridge Trl

Ridge Trl, Vineyard Estates, Sandia Park, NM
Property

VacantLand
For Sale

$699,900
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.38 Acres - Built to Suit Opportunity

SWC Menaul and Carlisle, Bel Air, Albuquerque, NM
Property

Other
For Sale

$910,000
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13207 Mountain Pl NE

13207 Mountain Pl NE, Quail Ridge - Grandview Heights, Albuquerque, NM
Property

Multi-Family

3,204 SF
Year Built

1979
For Sale

$597,607
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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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Vacant Land | Self Storage Development Opportunity

Paseo Del Norte Blvd NE & Woodmont Ave NW, Ventana Ranch, Albuquerque, NM
Property

Other
For Sale

$2,175,000
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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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12715 Dunes Rd SE

12715 Dunes Rd SE, Singing Arrow, Albuquerque, NM
Property

Multi-Family

3,928 SF
Year Built

1980
For Sale

$428,763
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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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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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421 - 421.5 Harvard Dr SE

421 - 421.5 Harvard Dr SE, University Heights - North Campus, Albuquerque, NM
Property

Multi-Family

1,856 SF
For Sale

$556,936
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311 Princeton Dr SE

311 Princeton Dr SE, University Heights - North Campus, Albuquerque, NM
Property

Multi-Family

2,709 SF
Year Built

1940
For Sale

$442,446
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Space Available | Piedra Lisa Shopping Center

Piedra Lisa Shopping Center | 2520 Juan Tabo Blvd NE, Enchanted Park, Albuquerque, NM
Property

Retail
Availability

1 Space

3,544 SF
For Lease Contact for pricing
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1111 Menaul Blvd NE

1111 Menaul Blvd NE, Stronghurst, Albuquerque, NM
Property

Office

22,973 SF
Availability

1 Space

8,041 SF
Year Built

1999
For Lease

$14.50/SF/YR
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1700 Unser Blvd NW

1700 Unser Blvd NW, Laurel Wood, Albuquerque, NM
Property

VacantLand

9.05 Acre
For Sale

$9.25/SF
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Development Opportunity

12700 Lomas Blvd NE, Manzano Manor, Albuquerque, NM
Property

Other
For Sale

$215,000
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1425, 1441 & 1525 Candelaria Rd. NE

1441 Candelaria Rd NE, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Industrial

25,447 SF
For Sale

$3,400,000
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7919 Bell SE

7919 Bell SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

1,044 SF
Year Built

1955
For Sale

$122,328
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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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