Retail in New Mexico available for sale
Retail Spaces For Sale

Retail Spaces for Sale in New Mexico, USA

More details for 1630 Rio Rancho Blvd SE, Rio Rancho, NM - Retail for Sale

1630 Rio Rancho Blvd SE

Rio Rancho, NM 87124

  • Retail Space
  • Retail for Sale
  • $4,414,480 CAD
  • 12,467 SF

Rio Rancho Retail for Sale

Located at 1630 Rio Rancho Blvd SE in Rio Rancho, this fully leased retail strip center presents a rare opportunity to acquire a stabilized, inflation-protected investment in one of the state’s fastest-growing submarkets. The property offers 11,973 square feet of rentable space on a high-profile 1.03-acre pad site within Hilltop Plaza, a vibrant retail hub anchored by Defined Fitness, NAPA Auto Parts, and Big O Tires. Positioned at a signalized intersection along Rio Rancho Boulevard, the center benefits from exceptional visibility and traffic counts approaching 45,000 vehicles per day. It is also adjacent to Intel’s 200+ acre campus, a major regional employer that continues to drive economic growth in the area. The tenant mix includes Lovelace Health System, Gonzales Jiu-Jitsu, and Boba Catch, providing a diverse and recession-resistant income stream. All leases are structured as NNN, with scheduled annual rent increases ranging from 2% to 3%, ensuring predictable year-over-year income growth and minimal landlord responsibilities. The surrounding demographics are highly favorable, with more than 149,000 residents within a 5-mile radius, and an average household income exceeding $115,000. The area boasts strong retail synergy with nearby national brands, including Walmart Supercenter, Smith’s Grocery, Target, Starbucks, Chick-fil-A, Dutch Bros, and many others, which contribute to steady traffic and consumer draw. Rio Rancho is part of the Albuquerque Metropolitan Area and is recognized as New Mexico’s fastest-growing city, offering a strong economy, affordable housing, and a high quality of life. This combination of strategic location, tenant diversity, and favorable market fundamentals makes this property an ideal choice for investors seeking durable cash flow, inflation protection, and long-term stability in a thriving community.

Contact:

Pegasus Retail

Property Subtype:

Storefront

Date on Market:

2025-11-12

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More details for 2203 1st St, Alamogordo, NM - Retail for Sale

2203 1st St

Alamogordo, NM 88310

  • Retail Space
  • Retail for Sale
  • $1,025,100 CAD
  • 2,280 SF

Alamogordo Retail for Sale

Discover 2203 1st Street in Alamogordo, New Mexico, a 2,280-square-foot freestanding restaurant that offers a rare opportunity to acquire a fully equipped, turnkey restaurant along one of the city’s primary commercial corridors. Positioned on approximately 0.24 acres, the property benefits from excellent frontage and visibility along a high-traffic arterial connecting key commercial, residential, and community destinations throughout Alamogordo. The site is highly visible to approximately 11,600 vehicles per day, providing consistent exposure for restaurant operations and brand recognition. The property is currently operating as Pizza Patio, a well-established neighborhood eatery with a loyal customer base and a strong reputation for quality pizza and homestyle meals. The sale includes all kitchen equipment, fixtures, and furnishings, allowing a new owner to seamlessly continue existing operations or introduce a new restaurant concept without interruption. The building features both indoor and outdoor dining areas, offering flexibility for full-service, fast casual, or specialty dining concepts seeking an adaptable restaurant layout in a proven location. Pizza Patio is well-positioned to serve a dense, stable trade area, supported by more than 42,416 residents who spend over $53,064,769 annually on dining out. The surrounding area includes nearby healthcare providers, schools, parks, and established residential neighborhoods, further strengthening daytime and evening demand. 2203 1st Street presents an exceptional opportunity for an owner/user, investor, or restaurateur to acquire a high-visibility, fully equipped restaurant with an established brand presence and long-term growth potential in Alamogordo.

Contact:

NM Premier Real Estate

Date on Market:

2026-02-17

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More details for 2525 Prince st, Clovis, NM - Retail for Sale

7 Brew - Clovis, NM - 2525 Prince st

Clovis, NM 88101

  • Retail Space
  • Retail for Sale
  • $1,366,800 CAD
  • 510 SF

Clovis Retail for Sale

Faris Lee Investments is pleased to present the opportunity to acquire a new, dual drive-thru 7 Brew Coffee property located in New Mexico. The subject property celebrated its Grand Opening in May 2025 and is strategically positioned as an outparcel to the 300,000 square foot North Plains Mall (the only enclosed regional mall within a 95-mile radius) along the primary commercial artery in Clovis NM. The offering is secured by a 15-year Absolute NNN ground lease, featuring one of the lowest base rents on record for the brand, and 10% rental increases (every five years) providing an investor with both a strong hedge against inflation and increasing cash flow throughout the lease term. With zero landlord responsibilities, this property presents an exceptional opportunity for a passive investor seeking a best-in-class QSR property in the Southwestern U.S. The subject property is positioned with frontage and access to Prince Street (24,000+ VPD), the primary retail artery in Clovis NM. Additional national QSR tenants with locations on the Prince Street corridor include Wendy’s, Taco Bell, Burger King, HTeaO, McDonald’s, and more. The site also features as an outparcel to North Plains Mall, which generates 1.9 million annual visits (Placer.ai) in the last 12 months. In addition to retail synergies, the tenant hand-picked this location for strategic proximity to Clovis High School, five (5) additional primary schools, and Cannon AFB. The local economy is driven by Cannon Air Force Base which employs more than 4,800 personnel and generates over $300 million in annual economic impact. This offering represents a fantastic opportunity to acquire a new, low-rent, well-located, drive-thru 7 Brew Coffee investment property in New Mexico. In Cooperation With Brian Brockman Bang Realty-New Mexico Inc bor@bangrealty.com (513) 898-1551 License No. 20241

Contact:

Faris Lee Investments

Property Subtype:

Restaurant

Date on Market:

2025-10-01

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More details for 2330 W Pierce St, Carlsbad, NM - Office for Sale

Familia Dental - 2330 W Pierce St

Carlsbad, NM 88220

  • Retail Space
  • Office for Sale
  • $1,566,353 CAD
  • 5,730 SF
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More details for 2929 Cerrillos Rd, Santa Fe, NM - Retail for Sale

Teamshares (DBA Coronado Paint & Decorating) - 2929 Cerrillos Rd

Santa Fe, NM 87507

  • Retail Space
  • Retail for Sale
  • $5,527,760 CAD
  • 20,232 SF
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More details for 4172 Hwy 64, Kirtland, NM - Retail for Sale

4172 Hwy 64

Kirtland, NM 87417

  • Retail Space
  • Retail for Sale
  • $2,322,193 CAD
  • 21,190 SF
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More details for Sprouts/Michael's Anch Ctr-Value Add Opp – Retail for Sale, Albuquerque, NM

Sprouts/Michael's Anch Ctr-Value Add Opp

  • Retail Space
  • Retail for Sale
  • $29,544,748 CAD
  • 99,074 SF
  • 3 Retail Properties

Albuquerque Portfolio of properties for Sale - Southeast Heights

New Mexico Broker of Record: Pegasus Group LLC / License No.: REC-2023-0376 Faris Lee Investments is pleased to offer the rare value-add opportunity to acquire Four Hills Village, a grocery-anchored retail center located in the eastern trade area of Albuquerque, New Mexico. Anchored by nationally recognized tenants Sprouts Farmers Market and Michaels, the property offers investors a secure and dependable income stream from high-performing, credit-rated retailers. Sprouts (NASDAQ: SFM) continues to show exceptional strength with 2025 revenue exceeding $8.8 billion, while Michaels, backed by Apollo Global Management, remains a dominant category leader with over 1,300 stores. The offering features an attractive in-place initial yield of 7.00%, with significant upside potential through the leasing of 32,395 square feet of available shop space. This vacancyis ideally suited for value-oriented retailers, fitness centers, or medical uses, allowing an investor to realize an extremely strong 10-year CAGR of 5.36% and an unlevered IRR of 12.35% upon stabilization. Furthermore, with a purchase price reflecting a cost basis of only $167/SF, the investment is positioned well below replacement cost. This low-cost basis ensures a successful repositioning of the asset and allows for below-market rents to drive aggressive leasing momentum. Four Hills Village serves as a critical regional hub, being one of only two neighborhood centers serving the eastern Albuquerque trade area and surrounding communities. The center’s diverse merchandising mix, including grocery, arts and crafts, cinema, and health services, ensures consistent daily foot traffic that remains resilient against e-commerce trends and economic cycles. Strategically located at the intersection of Central Avenue and Tramway Boulevard (±50,000 VPD), the property enjoys unparalleled freeway accessibility to Interstate 40. This prime location allows the center to capture a massive 20–30-mile trade area with over 625,000 population serving as the primary grocery destination for the towns of Tijeras, Cedar Crest, Edgewood, Moriarty, Sedillo, Albuquerque, and Estancia.

Contact:

Faris Lee Investments

Date on Market:

2026-04-16

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More details for 2001 N Prince St, Clovis, NM - Retail for Sale

Hobby Lobby - 2001 N Prince St

Clovis, NM 88101

  • Retail Space
  • Retail for Sale
  • $4,592,448 CAD
  • 57,703 SF
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More details for 3619 NW County Rd, Hobbs, NM - Retail for Sale

McAlister's Deli - 3619 NW County Rd

Hobbs, NM 88240

  • Retail Space
  • Retail for Sale
  • $2,706,264 CAD
  • 3,622 SF
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More details for 2525 Sudderth Dr, Ruidoso, NM - Retail for Sale

2525 Sudderth Dr. Ruidoso NM 88345 - 2525 Sudderth Dr

Ruidoso, NM 88345

  • Retail Space
  • Retail for Sale
  • $627,361 CAD
  • 589 SF
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More details for 805 N White Sands Blvd, Alamogordo, NM - Retail for Sale

Bealls Anchored Center | 98% Leased - 805 N White Sands Blvd

Alamogordo, NM 88310

  • Retail Space
  • Retail for Sale
  • $7,789,393 CAD
  • 40,100 SF
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More details for 3630 Will Rogers Dr, Santa Rosa, NM - Retail for Sale

Marathon Gas Station on I-40 - Santa Rosa, NM - 3630 Will Rogers Dr

Santa Rosa, NM 88435

  • Retail Space
  • Retail for Sale
  • $2,050,200 CAD
  • 3,600 SF
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More details for 1102 W Main St, Artesia, NM - Retail for Sale

Artesia 7 Brew - 1102 W Main St

Artesia, NM 88210

  • Retail Space
  • Retail for Sale
  • $1,924,454 CAD
  • 910 SF
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More details for 1809-1821 Plaza St, Las Vegas, NM – for Sale, Las Vegas, NM

1809-1821 Plaza St, Las Vegas, NM

  • Retail Space
  • Mixed Types for Sale
  • $2,706,264 CAD
  • 2 Properties | Mixed Types

Las Vegas Portfolio of properties for Sale

Welcome to the Veeder Complex in the Heart of Las Vegas, NM. Built 1880-1908. Commercial/Residential Buildings. The one Building façade is Italianate Style, and the other Building Façade is Local Brickwork with a Moorish Style Overtone. The Two Buildings with a shared wall are 15,226,744 SF-+. 0.18 acres. The cottage is 747.06 sf-+ with 0.02acres and is a separate structure. There are three storefronts on the first floor, the length of the building. Starting with North Residence on the second floor, with its large windows, separate entrance, and oak wood accents, you have 2 bedrooms with 2-3/4 baths. The front bedroom for guests sits at the front of the residence with large windows overlooking the Plaza, a double living room with a large fireplace mantle, great for entertaining or watching a parade or event on the Plaza Square. The dining room gives access to the living room for overflow of larger gatherings of family or friends. The Aqua/ Turquoise Kitchen has sitting stools while visiting with the cook, and a walk-in pantry. The Primary Bedroom has a ¾ bath and a hallway connecting to the front living room. Light-filled back room with a side guest bedroom for Brunch or Entertainment Center. Back stairs to resident parking. Second Longmire Residence with its wide stairs leading up to the second floor. Large receiving area with a corridor that separates rooms on the left and right. On the front, large windows with rooms that lend themselves to a library, bedrooms, living rooms, dining room, all rooms with high ceilings and light-filled windows that overlook the Plaza Park. Art Nouveau Green Enamel fireplace. Outstanding kitchen and two ¾ baths. The large bathroom with Stained glass windows and Marble accents. The story goes that when Teddy Roosevelt was here in Las Vegas for the Rough Rider Reunion in 1899, he took a bath in this tub! The back door takes you to the back porch and down the stairs to resident parking. Filming in this residence for Longmire series for 6 years till 2017. There are many visitors who come and take pictures in front of the Street Door that has the Longmire Sheriff Seal on the glass. Both residences are light-filled, spacious, luxurious, functional, large, and have access to the shopping, restaurants, entertainment, medical, educational, and more. Small town filled with history, a quiet sanctuary for those buyers who want a second home, investment, or live/work space. Keep the leases in place or bring your business to one storefront or all three. Three full basements the length of the buildings, dirt floors. The Cottage, last but not least, bedroom split/living room, with ¾ bath, with washer/dryer, kitchen, and large windows. Sit out front with your morning coffee and park right in front. Things of interest: 200 movies filmed here, 3 ski basins near Taos, Santa Fe, and Sapapu. United World College, Highlands University, Luna Vo Teck, hospital, airport, and so much more. One hour from Santa Fe and 3 hours from the Colorado Boarder. Pictures say it all! Please verify all facts in this description and measurement. Thank you.

Contact:

Duke Realty Group

Property Subtype:

Mixed Types

Date on Market:

2026-03-17

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More details for 4600 Cutler Ave NE, Albuquerque, NM - Retail for Sale

Pavilions San Mateo-Walmart Grocery Anch Ctr - 4600 Cutler Ave NE

Albuquerque, NM 87110

  • Retail Space
  • Retail for Sale
  • $41,804,943 CAD
  • 135,711 SF

Albuquerque Retail for Sale - Northeast Heights

New Mexico Broker of Record: Lee Langen / Remax License No.: 19241 Faris Lee Investments is pleased to offer the rare opportunity to acquire the fee simple interest in The Pavilions at San Mateo, a Walmart Grocery–anchored community center in the central core of Albuquerque. Reinforcing the strength of this location, Walmart recently executed an extension through 2036, providing long-term income stability. Grocery-anchored shopping centers continue to be one of the most resilient and sought after product types for retail investors, driven by necessity-based demand and consistent daily traffic. Significant leasing momentum & anchor lease extensions further highlight strength of the real estate , evidenced by Five Below signing a new 10-year lease and Dollar Tree recently extending for 10 years as well as Old Navy & Shoe Dept extending for 5 years. These national retailers complement a diverse merchandising mix of daily needs tenants that draws over 2.2 million visitors annually (Placer.ai). Furthermore, with a purchase price reflecting a cost basis under $225/SF, the offering provides a secure investment well below replacement cost, allowing for long-term rental growth and favorable returns. Strategically located near the on/off ramp of Interstate 40 (±206,300 VPD), The Pavilions at San Mateo enjoys exceptional regional accessibility and visibility. The property is positioned at the high-traffic intersection of San Mateo Blvd NE and Cutler Ave NE (combined ±48,000 VPD), benefiting from multiple points of ingress/egress and significant street frontage. The center is also situated within a premier commercial corridor, just one mile from major regional economic drivers including Coronado Center and Winrock Town Center. The surrounding trade area features exceptional demographics, with over 117,000 residents and a daytime employment base of 110,000 employees within 3 miles. This high concentration of consumers positions The Pavilions at San Mateo as a compelling opportunity to acquire a high-quality, stabilized asset with a powerful national tenant lineup in a premier central Albuquerque retail corridor.

Contact:

Faris Lee Investments

Property Subtype:

Storefront

Date on Market:

2026-03-16

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More details for 914 E Historic Highway 66, Gallup, NM - Retail for Sale

Taco Bell - Gallup, NM (914 E Hwy 66) - 914 E Historic Highway 66

Gallup, NM 87301

  • Retail Space
  • Retail for Sale
  • $3,922,121 CAD
  • 2,842 SF
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More details for Dollar Stores – Retail for Sale

Dollar Stores

  • Retail Space
  • Retail for Sale
  • $5,398,860 CAD
  • 43,280 SF
  • 5 Retail Properties
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More details for 1419 N Main Ave, Lovington, NM - Retail for Sale

United Supermarkets - 1419 N Main Ave

Lovington, NM 88260

  • Retail Space
  • Retail for Sale
  • $26,946,461 CAD
  • 48,997 SF
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More details for 845 Juan Tabo Blvd NE, Albuquerque, NM - Retail for Sale

New El Pollo Loco 3-Tenant NNN w/ Drive-Thru - 845 Juan Tabo Blvd NE

Albuquerque, NM 87123

  • Retail Space
  • Retail for Sale
  • $5,931,912 CAD
  • 5,376 SF

Albuquerque Retail for Sale - Northeast Heights

NEW MEXICO BROKER OF RECORD ... ANTHONY JOHNSON ... Pegasus Group LLC ... License No. REC-2023-0376 Faris Lee Investments is pleased to present an exceptional opportunity to acquire a recently constructed freestanding, three-tenant NNN-leased retail building featuring a high-volume drive-thru in Albuquerque, New Mexico. The 5,376 SF property is 100% leased to a premier mix of nationally recognized brands, including El Pollo Loco (505+ locations), Jamba Juice (850+ locations), and Xfinity / Comcast (630+ locations). This investment offers a diversified income stream from established credit tenants under new, long-term triple-net leases. Designed for passive management and ease of ownership, the leases feature 10% rental escalations every five years, providing the investor with predictable, compounding cash flow and a strong hedge against inflation. The subject property is strategically located at the high-visibility, signalized hard-corner of Juan Tabo Blvd and Lomas Blvd, two major retail thoroughfares with over 51,000 vehicles per day. This 2025 newly constructed building includes a modern drive-thru design and updated HVAC, roof, and parking lot, minimizing near-term capital expenditure risk. Located in a prominent retail corridor, the asset is positioned directly across from a robust grocery draw in Albertsons, Chuze Fitness, Taco Bell, Burger King, and Circle K. The subject property is also adjacent to a top-tier McDonald’s location, capitalizing on a strong and established consumer draw. This prime positioning within a dominant commercial hub ensures high intrinsic real estate value and consistent consumer draws from surrounding national retailers. Benefiting from a robust demographic profile, the asset serves a dense population of over 117,000 residents and a massive daytime employment base of 100,000 workers within a 3-mile radius. The trade area is further bolstered by its proximity to Manzano High School, which brings over 1,400 students to the immediate vicinity on a daily basis. With average household incomes exceeding $88,000 within a 1-mile radius, the property is perfectly positioned to capture high-disposable income spending. This fee simple investment also offers significant tax advantages through cost segregation and accelerated depreciation, providing a secure, stable, and high-yielding asset in a high-growth location.

Contact:

Faris Lee Investments

Property Subtype:

Fast Food

Date on Market:

2026-03-05

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More details for 1190 S 2nd St, Raton, NM - Retail for Sale

1190 S 2nd St

Raton, NM 87740

  • Retail Space
  • Retail for Sale
  • $683,393 CAD
  • 7,356 SF
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