Albuquerque, NM Commercial Real Estate for Lease - 306 Listings

Sunport Corporate Center

2301 Buena Vista SE/1801 A Randolph SE, Kirtland, Albuquerque, NM
Property

Office

161,040 SF
Availability

4 Spaces

51,343 SF
Year Built

1988
For Lease

$6.00/SF/YR
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Uptown Tower

2440 Louisiana Blvd, Uptown Albuquerque, Albuquerque, NM
Property

Office

105,668 SF
Availability

1 Space

16,207 SF
Year Built

1985
For Lease

$21.00/SF/YR
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MEDICAL OFFICE ON HIGH TRAFFIC/ VISIBILITY CORRIDOR WITH FRONTAGE

3800 Wyoming NE, Loma Del Rey, Albuquerque, NM
Property

Office

1,426 SF
Availability

1 Space

1,426 SF
Year Built

1972
For Lease

$14.00/SF/YR
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Property with Great Visibility with Menaul Blvd Frontage

4646 Menaul Blvd NE, Bel Air, Albuquerque, NM
Property

Other
Availability

1 Space

5,955 SF
For Lease Contact for pricing
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Guadalupe Plaza

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

Other
Availability

1 Space

23,085 SF
For Lease Contact for pricing
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La Mirada (Lot 2)

4401 Wyoming Blvd. NE, Stardust Skies, Albuquerque, NM
Property

Other
Availability

1 Space

1.34 Acre
For Lease Contact for pricing
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Strip Center with Great Visibility in Northeast Heights

8400 Menaul Blvd NE, North Eastern Albuquerque, Albuquerque, NM
Property

Retail
Availability

1 Space

4,400 SF
For Lease Contact for pricing
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Seagull Office Plaza

6100 Seagull Street NE, Del Norte, Albuquerque, NM
Property

Office

52,359 SF
Availability

3 Spaces

3,876 SF
Year Built

1986
For Lease

$16.50/SF/YR
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Clearspan Warehouse with 12x12' Roll up Door

116 Industrial Ave NE, Graceland Acres - Indian Acres, Albuquerque, NM
Property

Industrial

3,120 SF
Availability Contact for availability
Year Built

1965
For Lease Contact for pricing
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6200 Jefferson Street NE

6200 Jefferson Street NE, Loop Industrial District, Albuquerque, NM
Property

Office

81,336 SF
Availability

6 Spaces

15,971 SF
Year Built

1994
For Lease

$22.75/SF/YR
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Prime Retail Space in Northeast Heights

1415-1523 Eubank Blvd NE, Indian Moon, Albuquerque, NM
Property

Retail
Availability

1 Space

2,449 SF
For Lease Contact for pricing
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City Place

2155 Louisiana Blvd NE, Uptown Albuquerque, Albuquerque, NM
Property

Office

152,400 SF
Availability

4 Spaces

31,036 SF
Year Built

1983
For Lease

$22.00/SF/YR
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Horizon Building

8801 Horizon Blvd NE, Wildflower, Albuquerque, NM
Property

Office

124,671 SF
Availability

3 Spaces

25,161 SF
Year Built

1997
For Lease

$23.95/SF/YR
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4400 Masthead Street

4400 Masthead Street NE, Loop Industrial District, Albuquerque, NM
Property

Office

161,436 SF
Availability

2 Spaces

61,623 SF
Year Built

2003
For Lease

$23.75/SF/YR
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2501 Yale Blvd

2501 Yale Blvd, Kirtland, Albuquerque, NM
Property

Office

32,664 SF
Availability

7 Spaces

14,732 SF
Year Built

1971
For Lease

$11.50/SF/YR
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Altura Office Building

4101 Indian School Road NE, Altura, Albuquerque, NM
Property

Office

110,000 SF
Availability

1 Space

4,719 SF
Year Built

2004
For Lease

$21.50/SF/YR
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Freestanding Building in Excellent Condition

5201 Central Ave NE, Highland Business, Albuquerque, NM
Property

Retail
Availability

1 Space

14,204 SF
Year Built

2004
For Lease Contact for pricing
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6320 Linn Ave NE

6320 Linn Ave NE, Fair West, Albuquerque, NM
Property

Retail

26,164 SF
Availability

1 Space

481 SF
Year Built

1954
For Lease Contact for pricing
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Jefferson Commons II

5411 Jefferson Street NE, Loop Industrial District, Albuquerque, NM
Property

Office

149,627 SF
Availability

3 Spaces

33,670 SF
Year Built

2000
For Lease

$16.00/SF/YR
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6330 Riverside Plaza Lane

6330 Riverside Plaza Lane, Taylor Ranch, Albuquerque, NM
Property

Office

36,872 SF
Availability

1 Space

1,800 SF
Year Built

2005
For Lease

$19.75/SF/YR
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La Mesa Shopping Center

3115 - 3167 San Mateo Boulevard Northeast, McKinley, Albuquerque, NM
Property

Office

42,190 SF
Availability

2 Spaces

4,320 SF
Year Built

1956
For Lease

$11.00 - $12.00/SF/YR
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Sandra Plaza

1605 Juan Tabo Blvd NE, Jackson, Albuquerque, NM
Property

Retail

34,866 SF
Availability

1 Space

2,494 SF
Year Built

1986
For Lease

$12.00/SF/YR
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5601 Office Blvd NE

5601 Office Blvd NE, Loop Industrial District, Albuquerque, NM
Property

Office

50,551 SF
Availability

4 Spaces

41,130 SF
Year Built

1999
For Lease Contact for pricing
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Montgomery Medical Park

6800 Montgomery Blvd NE, Montgomery Park, Albuquerque, NM
Property

Office

40,667 SF
Availability

1 Space

1,353 SF
Year Built

1975
For Lease

$23.00/SF/YR
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Beautiful Uptown Office Space

6100 Indian School Rd NE, Uptown Albuquerque, Albuquerque, NM
Property

Office
Availability

1 Space

3,250 SF
For Lease Contact for pricing
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Albuquerque Centre

6001 Indian School Road NE, Uptown Albuquerque, Albuquerque, NM
Property

Office

74,057 SF
Availability

7 Spaces

20,685 SF
Year Built

1984
For Lease

$19.50/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 5,641,032 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 3,168,437 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 2,650,166 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 1,425,823 square feet of available listings. Industrial space available in Albuquerque adds up to 1,100,750 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 $17.49 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 $19.5 per square foot, industrial space in Albuquerque saw average rents of $14.49 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 Downtown Albuquerque 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 $45 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 43,729 square feet.
Retail properties here incorporate an average of 29,069 square feet.
Industrial space in Albuquerque is in buildings that are, on average 42,067 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 5,755,456 square feet. The market offers 139 active office listing(s), which amount to 1,425,823 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 1,047,977 square feet across 101 retail space(s). Industrial space for rent opportunities in Albuquerque amount to 1,092,803 square feet across a total of 44 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	139	1,425,823
Retail	101	1,047,977
Industrial	44	1,092,803
Other	31	2,188,853

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 1,815,788 square feet of commercial property for sale here , which includes 26 office building(s) for sale , 46 retail investment opportunity listing(s) , and 26 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	26	496,663
Retail	46	287,913
Industrial	26	455,385
Other	100	575,827

Albuquerque, NM Commercial Real Estate for Lease - 306 Listings

Sunport Corporate Center

Uptown Tower

MEDICAL OFFICE ON HIGH TRAFFIC/ VISIBILITY CORRIDOR WITH FRONTAGE

Property with Great Visibility with Menaul Blvd Frontage

Guadalupe Plaza

La Mirada (Lot 2)

Strip Center with Great Visibility in Northeast Heights

Seagull Office Plaza

Clearspan Warehouse with 12x12' Roll up Door

6200 Jefferson Street NE

Prime Retail Space in Northeast Heights

City Place

Horizon Building

4400 Masthead Street

2501 Yale Blvd

Altura Office Building

Freestanding Building in Excellent Condition

6320 Linn Ave NE

Jefferson Commons II

6330 Riverside Plaza Lane

La Mesa Shopping Center

Sandra Plaza

5601 Office Blvd NE

Montgomery Medical Park

Beautiful Uptown Office Space

Albuquerque Centre

Frequently Asked Questions

Albuquerque, NM Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Albuquerque, NM Commercial Real Estate for Lease - 306 Listings

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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