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.

12952 Carrie PL SE

12952 Carrie PL SE, Singing Arrow, Albuquerque, NM
Property

Multi-Family

1,069 SF
Year Built

1978
For Sale

$179,894
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3444 Eastern Ave SE

3444 Eastern Ave SE, Southeast Heights, Albuquerque, NM
Property

Multi-Family

2,300 SF
Year Built

1972
For Sale

$549,746
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4320 Paseo Del Norte Northeast

4320 Paseo Del Norte Northeast, Loop Industrial District, Albuquerque, NM
Property

Industrial

6,754 SF
Availability

2 Spaces

6,754 SF
For Lease

$12.00/SF/YR
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12229 Menaul Blvd NE

12229 Menaul Blvd NE, Enchanted Park, Albuquerque, NM
Property

Multi-Family

3,110 SF
Year Built

1977
For Sale

$579,429
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Office Coworking Retail Industrial

Office Retail Industrial Land
9701 Volcano Road NW

9701 Volcano Road NW, Avalon, Albuquerque, NM
Property

VacantLand

5 Acre
For Sale

$1,500,000
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1702 Silver Ave SE

1702 Silver Ave SE, Silver Hill, Albuquerque, NM
Property

Multi-Family

2,100 SF
For Sale

$330,000
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Universe & Rainbow Blvds. NW Lot B

Universe & Rainbow Blvds. NW, Ventana Ranch, Albuquerque, NM
Property

VacantLand

0.91 Acre
For Sale

$297,297
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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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2524 Graceland Drive NE

2524 Graceland Drive NE, Bel Air, Albuquerque, NM
Property

Industrial

4,275 SF
Availability

1 Space

4,275 SF
For Lease

$6,400.00/MO
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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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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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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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I-25 & Jefferson Retail

4300 The 25 Way NE, Loop Industrial District, Albuquerque, NM
Property

Retail
Availability

1 Space

2,246 SF
For Lease Contact for pricing
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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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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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Lobo Sports & Tech District

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

VacantLand

14.6 Acre
For Sale Contact for pricing
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6000 Montgomery Boulevard Northeast

6000 Montgomery Boulevard Northeast, Montgomery Park, Albuquerque, NM
Property

Retail

1,000 SF
Availability

1 Space

1,000 SF
Year Built

1982
For Lease Contact for pricing
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T&T Gas N Mart

1201 Candelaria Rd. NW, Los Griegos, Albuquerque, NM
Property

Retail

1,628 SF
Year Built

1990
For Sale

$350,000
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Residences at Copper Ave

12710 San Jacinto Avenue, Manzano Manor, Albuquerque, NM
Property

Multi-Family

11,040 SF
Year Built

2022
For Sale

$2,275,000
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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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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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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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4927 Prospect Avenue NE

4927 Prospect Avenue NE, Bel Air, Albuquerque, NM
Property

Office

1,700 SF
Availability

1 Space

1,700 SF
For Lease

$1,450.00/MO
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One Central

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

Retail
Availability

1 Space

17,873 SF
For Lease Contact for pricing
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Freestanding Building with Drive-Thru

7105 Central Ave , La Mesa, Albuquerque, NM
Property

Retail
Availability

1 Space

12,900 SF
For Lease Contact for pricing
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SEC 98th St. & Bluewater Rd. NW - Lot 4

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

VacantLand

1.24 Acre
For Sale Contact for pricing
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NEC of Unser Blvd and Tower Rd SW

NEC of Unser Blvd and Tower Rd SW, Westgate Heights, Albuquerque, NM
Property

VacantLand

4.3 Acre
For Sale

$1,685,772
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.38 Acres - Built to Suit Opportunity

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

Other
Availability

1 Space

0.38 Acre
For Lease Contact for pricing
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Old Town Professional Office and Restored Adobe Airbnb

1913 Lomas Blvd NW, Old Town Albuquerque, Albuquerque, NM
Property

Office

1,600 SF
For Sale

$640,000
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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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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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125 Truman St NE

125 Truman St NE, Highland Business, Albuquerque, NM
Property

Office

4,958 SF
Availability

2 Spaces

4,958 SF
For Lease

$15.00/SF/YR
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2701 – 2755 Sunshine West Plaza Dr SW Lot 7

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

VacantLand

0.49 Acre
For Sale

$256,128
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425 Eubank Blvd NE

425 Eubank Blvd NE, South Los Altos, Albuquerque, NM
Property

Retail

905 SF
Availability

1 Space

905 SF
For Lease

$25.00/SF/YR
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700 Lomas Blvd NE

700 Lomas Blvd NE, Santa Barbara - Martineztown, Albuquerque, NM
Property

Office

5,232 SF
Year Built

1985
For Sale

$2,000,000
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216 Utah SE

216 Utah St SE, Trumbull Village, Albuquerque, NM
Property

Multi-Family

1,058 SF
Year Built

1983
For Sale

$129,524
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2100 Louisiana Blvd NE

2100 Louisiana Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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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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The Shoppes at Ellison

10301 Cottonwood Park NW, Cottonwood Corners, Albuquerque, NM
Property

Retail

2,000 SF
Availability

2 Spaces

2,000 SF
For Lease

$2,667.00 - $6,666.67/MO
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Universe & Rainbow Blvd NW Lot G

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

VacantLand

2.03 Acre
For Sale

$663,201
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Academy Medical Office

8080 Academy Rd NE, Academy Estates East, Albuquerque, NM
Property

Other
Availability

1 Space

6,721 SF
For Lease Contact for pricing
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Girard Warehouse Portfolio

2709-2727 Girard Boulevard Northeast, Netherwood Park, Albuquerque, NM
Property

Industrial

29,600 SF
For Sale

$3,896,000
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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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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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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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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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10921 Central Ave NE

10921 Central Ave NE, Sandia Vista, Albuquerque, NM
Property

Industrial

10,009 SF
Availability

2 Spaces

10,009 SF
For Lease

$16.00/SF/YR
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10221 Central Ave NE

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

Retail

1,800 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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3410-3422 Vail Ave. SE

3410 Vail Ave SE, Southeast Heights, Albuquerque, NM
Property

Multi-Family

12,954 SF
For Sale

$1,625,000
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SWC 98th St. & Sage Rd. SW Lot 1A

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

VacantLand

1.92 Acre
For Sale

$19.00/SF - $23.00/SF
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2727 Girard Boulevard Northeast

2727 Girard Boulevard Northeast, Netherwood Park, Albuquerque, NM
Property

Industrial

9,600 SF
For Sale

$135/SF
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205 Silver Avenue SW

205 Silver Avenue SW, Downtown Albuquerque, Albuquerque, NM
Property

Retail

1,421 SF
Availability

1 Space

1,421 SF
Year Built

2016
For Lease

$20.00/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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