Albuquerque, NM Commercial Real Estate for Lease and Sale

Explore 586 listings of Albuquerque commercial real estate to find the best space for your business.

5913-5915 Central Ave NE

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

Industrial

7,947 SF
Year Built

1952
For Sale

$950,000
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2920 Carlisle Blvd NE

2920 Carlisle Blvd NE, Bel Air, Albuquerque, NM
Property

Retail

9,100 SF
Availability

1 Space

1,097 SF
Year Built

1973
For Lease

$1,950.00/MO
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2124 Central Ave SW

2124 Central Ave SW, Old Town Albuquerque, Albuquerque, NM
Property

VacantLand

0.3 Acre
For Sale

$480,000
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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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Office Coworking Retail Industrial

Office Retail Industrial Land
San Antonio Commons

5700 San Antonio Drive NE, Academy Acres North, Albuquerque, NM
Property

Retail

14,740 SF
Year Built

2014
For Sale

$3,300,000
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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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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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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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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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2701 – 2755 Sunshine West Plaza Dr SW Lot 2

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

VacantLand

0.39 Acre
For Sale

$203,860
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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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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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200 Lomas Blvd NW

200 Lomas Blvd NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

145,502 SF
Year Built

1973
For Sale Contact for pricing
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Professional Office with Great Downtown Location!

610 Gold Ave SW, Downtown Albuquerque, Albuquerque, NM
Property

Office
Availability

1 Space

703 SF
Year Built

1953
For Lease Contact for pricing
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3740 Princeton Dr NE

3740 Princeton Dr NE, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Industrial

5,700 SF
Availability

1 Space

5,700 SF
For Lease

$6,900.00/YR
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3718 Arno Street

3718 Arno St NE Albuquerque, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Retail

1,200 SF
Availability

1 Space

1,200 SF
For Lease

$2,500.00 - $3,500.00/MO
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4615 Wyoming Blvd NE

4615 Wyoming Blvd NE, Arroyo Del Oso, Albuquerque, NM
Property

VacantLand

2.2 Acre
For Sale Contact for pricing
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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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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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SWC Unser & McMahon NW

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

VacantLand

13.28 Acre
Availability

5 Spaces

13.74 Acre
For Lease Contact for pricing
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SWC Unser & McMahon NW, Lot 7

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

VacantLand

1.83 Acre
For Sale Contact for pricing
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The Banque Lofts Landmark - 2nd Floor

219 Central Ave NW, Downtown Albuquerque, Albuquerque, NM
Property

Office

9,446 SF
Year Built

1921
For Sale

$1,750,000
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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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6801 Jefferson St, #401

6801 Jefferson St., Loop Industrial District, Albuquerque, NM
Property

Office

7,226 SF
For Sale

$1,806,500
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6610 Central Ave SE

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

Industrial

3,129 SF
Availability

1 Space

3,129 SF
Year Built

1955
For Lease Contact for pricing
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1623 Los Tomases Drive NW

1623 Los Tomases Drive NW, Wells Park, Albuquerque, NM
Property

Industrial

4,800 SF
Availability

1 Space

4,800 SF
For Lease

$5,000.00/MO
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11508 Linn Ave

11508 Linn Ave, Sandia Vista, Albuquerque, NM
Property

Retail

4,500 SF
For Sale

$540,000
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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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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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111 Cornell Drive SE

111 Cornell Drive SE, University Heights - North Campus, Albuquerque, NM
Property

Retail

1,900 SF
Availability

1 Space

1,900 SF
For Lease

$3,500.00/MO
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4308 Carlisle NE

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

Office

23,111 SF
Availability

1 Space

5,000 SF
Year Built

1986
For Lease

$15.50/SF/YR
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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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3 Haines Avenue Northwest

3 Haines Avenue Northwest, Wells Park, Albuquerque, NM
Property

VacantLand

0.18 Acre
For Sale

$169,000
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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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134 Rhode Island St SE

134 Rhode Island St SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

3,126 SF
Year Built

1980
For Sale

$493,710
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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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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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2415 Princeton Dr NE #F & G

2415 Princeton Dr NE, Netherwood Park, Albuquerque, NM
Property

Office

5,068 SF
For Sale

$532,140
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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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1511 University Blvd NE

1511 University Blvd NE, Netherwood Park, Albuquerque, NM
Property

Office

5,400 SF
Availability

1 Space

5,400 SF
Year Built

1986
For Lease

$5,000.00/MO
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SWC Unser Blvd. & Los Volcanes Rd. NW

SWC Unser Blvd. & Los Volcanes Rd. NW, Avalon, Albuquerque, NM
Property

VacantLand

5 Acre
For Sale

Sale Price $20.00/SF
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5700 San Antonio Dr NE

5700 San Antonio Dr NE, Academy Acres North, Albuquerque, NM
Property

VacantLand

1.3 Acre
For Sale

$16.00/SF
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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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The Q @ Uptown

7801 Marble Ave NE, Jerry Cline Park, Albuquerque, NM
Property

Multi-Family

115,608 SF
Year Built

1963
For Sale

$29,050,000
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2130 Coal Avenue Southeast

2130 Coal Avenue Southeast, Silver Hill, Albuquerque, NM
Property

Multi-Family

2,592 SF
Year Built

1940
For Sale

$500,000
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NWQ Ellison Drive & Cibola Loop NW

NWQ Ellison Drive & Cibola Loop NW, Tres Placitas, Albuquerque, NM
Property

VacantLand

5.18 Acre
For Sale

$2,481,000
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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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2600 Juan Tabo Blvd NE

2600 Juan Tabo Blvd NE, Enchanted Park, Albuquerque, NM
Property

VacantLand

1.8 Acre
Availability

2 Spaces

1.79 Acre
For Lease Contact for pricing
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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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Hoffmantown Shopping Center

8200 Menaul Boulevard Northeast, Inez, Albuquerque, NM
Property

Retail

49,654 SF
Availability

2 Spaces

6,852 SF
For Lease

$12.50 - $16.00/SF/YR
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4000 Central Ave SE

4000 Central Ave SE, Southeast Heights, Albuquerque, NM
Property

Retail

9,868 SF
Year Built

1950
For Sale

$2,650,000
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4204 Lead Ave SE

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

VacantLand

0.41 Acre
For Sale

$575,000
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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.

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 6,156,183 square feet. The market offers 136 active office listing(s), which amount to 1,496,994 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 1,290,354 square feet across 103 retail space(s). Industrial space for rent opportunities in Albuquerque amount to 636,473 square feet across a total of 43 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	136	1,496,994
Retail	103	1,290,354
Industrial	43	636,473
Other	35	2,732,362

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 2,424,471 square feet of commercial property for sale here , which includes 27 office building(s) for sale , 49 retail investment opportunity listing(s) , and 27 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	27	542,257
Retail	49	340,712
Industrial	27	353,862
Other	155	1,187,640

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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