Albuquerque Retail for Sale - University

• Newly executed 15-year lease with six (6), five-year option periods to extend • Lease guaranteed by T5 West Operations, LLC, which encompasses 29+ locations across the western U.S. under the Take 5 Oil Change brand • Operator and its affiliated entities currently manage 50+ Take 5 Oil Change locations, demonstrating a proven operational track record • 10% rental increases every five years during the initial term and at the start of each renewal period, growing NOI and hedging against inflation • Brand-new construction asset built to the latest prototype design and operational standards

Property Subtype:

Auto Repair

Date on Market:

2026-03-04

Albuquerque Retail for Sale - University

This iconic Nob Hill New Mexican restaurant is ideally located on Central Ave. just east of Washington Street, west of San Mateo. The location has excellent visibility, strong traffic counts, and easy access. The classic diner style building is a turn-key restaurant that has been featured in numerous TV shows and movies such as breaking bad. The business has operated at this location for over 35 years and is a beloved, well-established destination known by locals and visitors alike.

Property Subtype:

Restaurant

Date on Market:

2026-02-27

Lovington Retail for Sale

Prime Location with high traffic and broad range of commercial uses. Currently leased to a retail dispensary tenant til October 31, 2026. 107 and 109 are divisible into 2 units Ample Free Parking across the street, 5 Curbside Spaces (non-metered) AREA TRAFFIC GENERATORS are Restaurants and breweries in this Main Street business district. The court house-across the street.

Date on Market:

2026-02-24

Albuquerque Retail for Sale - Southeast Heights

1) 101 Virginia Street NE. Albuquerque, NM. 87108 Includes the Six-Bay Garages 6.500/SF, 6 Bay plus office. 2) 101A Virginia Street NE. Albuquerque NM.87108 Includes a two Bedroom Apartment 950/SF with a single car garage below. Apartment recently updated. 3) 101B Virginia Street NE. Albuquerque, NM. 87108. Includes a 2,000/SF, two-bay garage Call Broker, Michael Martinez, for more information (505) 695-8694.

Property Subtype:

Auto Repair

Date on Market:

2026-02-23

Albuquerque Retail for Sale - North I-25

The Shops at Carlisle has been nearly 100% leased for the previous 2 years, but due to the Bankruptcy of Cano Medical, we now have a turn-key medical office suite available. This exceptional suite seamlessly merges prime retail real estate with a state-of-the-art, full medical/urgent care/dental buildout, setting the stage for a myriad of possibilities in the healthcare industry. The previous tenant spent in excess of $3.5MM on this buildout, and it shows. From the moment you enter, the expansive reception area welcomes patients with a calming and modern ambiance, setting the tone for a positive healthcare experience. The space has over 32 exam/treatment rooms, 8 private offices, vitals area, wellness studio, and back storage warehouse. The layout promotes a seamless flow from check-in to treatment, fostering an environment that prioritizes both efficiency and compassion. In addition to the Medical Jr. Anchor suite, we have an in-line retail suite for lease. Suite 120 is a smaller in-line suite that has AT&T, Subway, and Papa Murphys as co-tenants and is highly visible to the Walmart Super Center.

Property Subtype:

Freestanding

Date on Market:

2026-02-19

Thoreau Retail for Sale

Fortis Net Lease is pleased to present this 9,180 SF. freestanding Family Dollar store located in Thoreau, New Mexico - located in an Opportunity Zone! This store was rebuilt in 2015. The property offers a Double Net (NN) Lease, leaving minimal landlord responsibilities. Tenant is responsible for the HVAC system. The lease contains 4 (5 year) options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed which holds a credit rating of “BBB”, which is classi?ed as Investment Grade. The store is currently open and has been operating successfully since July 2008. It performs in the top 1/3 of all Family Dollar stores in the state. This Family Dollar is highly visible as it is strategically positioned off of I-40 which sees 20,010 cars per day, on NM-371 which sees 4,124 cars per day. It is conveniently located on the main thoroughfare surrounded by local schools, residential, & other retailers. The 10 mile population from the site is 3,945 while the 3 mile average household income is$41,524 per year, making this location ideal for a Family Dollar. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Family Dollar. This investment will offer a new owner continued success due to the ?nancial strength and the proven pro?tability of the tenant, one of the nation’s top dollar stores. List price re?ects a 9% cap rate based on NOI of $76,729. Owner is a license New Mexico Real Estate Broker.

Property Subtype:

Freestanding

Date on Market:

2026-02-12

Estancia Retail for Sale - Torrance County

Fortis Net Lease is pleased to present this 9,180 SF. freestanding Family Dollar store located in Estancia, New Mexico - located in an Opportunity Zone in the Albuquerque Market! The property offers a Double Net (NN) Lease, leaving minimal landlord responsibilities. Tenant is responsible for HVAC system. The lease contains 4 (5 year) options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed, which holds a credit rating of “BBB”, which is classi?ed as Investment Grade. The store is currently open and has been operating successfully since July 2008. This Family Dollar is highly visible as it is strategically positioned on 5th Street which sees 3,911 cars per day. It is conveniently located on the main thoroughfare through town, next to the High School & across the street from Estancia Municipal Airport. The 10 mile population from the site is 3,029 while the 3 mile average household income is$46,605 per year, making this location ideal for a Family Dollar. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Family Dollar. This investment will offer a new owner continued success due to the ?nancial strength and the proven pro?tability of the tenant, one of the nation’s top dollar stores. List price re?ects a 9.23% cap rate based on NOI of $59,978. Owner is a licensed New Mexico Real Estate Broker.

Property Subtype:

Freestanding

Date on Market:

2026-02-12

Los Alamos Retail for Sale

Rare opportunity to acquire the fee simple interest (land and building ownership) in a Modified Gross–leased investment property located in Los Alamos, New Mexico with 2025 cap rate of 6.8 and 2026 budgeted cap rate of 7%. The tenant, Bilingual Montessori School LAM, LLC, has approximately 7+ years of primary term remaining, along with two (2) ten-year options to extend. The lease features annual 3.5% rental increases throughout the initial term and all option periods, providing consistent NOI growth and a strong hedge against inflation. Tenant is responsible for 100% of operating expenses, with landlord responsibilities limited to roof, structure, foundation, taxes, and insurance, creating a low-management, NNN-like income stream. The asset was completely remodeled in 2023, including roof, HVAC, electrical systems, and full interior and exterior renovations, positioning the property as a modern, turnkey investment. The site is located on NM State Road 502 (Trinity Drive), a primary retail and commuter corridor averaging over 12,700 vehicles per day, serving the daily needs of the Los Alamos community. The property is situated less than one mile from Los Alamos National Laboratory (LANL), one of the nation’s premier national security and scientific research institutions, employing approximately 18,000 professionals. The lease is guaranteed by Triad National Security, LLC, the federally contracted Management and Operating (M&O) contractor for LANL under the U.S. Department of Energy’s National Nuclear Security Administration. Triad is backed by a highly experienced consortium including Battelle Memorial Institute, Texas A&M University System, and the University of California, and oversees multi-billion-dollar national security operations. Independent financial assessments estimate Triad’s annual revenue in excess of $500 million, providing substantial financial strength and enhancing long-term rent security for the asset.

Property Subtype:

Day Care Center

Date on Market:

2026-02-11

Capitan Retail for Sale

This is a prime investment opportunity to own a very successful Pizza & Sandwich shop in Capitan, NM. Currently the owners only operate the business 4 days/week and they get a 20% ROI. The business does not depend on tourist traffic for its business which is kept busy by the locals, but it does also get tourist traffic from nearby Ruidoso, NM. They receive great reviews on social media for their food and atmosphere. Current hours of operation are from 11:00 am to 6:00 pm Thursday through Sunday.

Property Subtype:

Freestanding

Date on Market:

2026-02-11

Las Vegas Retail for Sale

The Offering presents the opportunity to acquire a single-tenant Speedway convenience store with high-capacity fueling infrastructure situated across 7 acres in Las Vegas, New Mexico. The Property is the top-performing 7-Eleven in New Mexico and top 3% nationwide according to Placer.ai. The Property is leased on a long-term Absolute NNN lease with contractual rent increases every three years throughout the initial term, providing income growth and complete expense pass-through. Speedway is one of the largest convenience store operators in the Southwest and is owned and operated by 7-Eleven, the world’s largest convenience store brand, generating $81.46 billion in total revenue in 2024 (4.4% YoY increase), and an investment-grade credit rating of A by S&P. The Property benefits from immediate access to Interstate 25, also known as the Pan-American Freeway, and is located at the convergence of I-25 and U.S. Route 84, a key regional and interstate traffic corridor through northern New Mexico.

Property Subtype:

Service Station

Date on Market:

2026-01-29

Velarde Retail for Sale

2% broker co-op commission! Inspection of the gas station may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING. To submit an offer, download the Property Specific Package at https://www.nrc.com/2518/properties/view/2004105 NRC Realty & Capital Advisors of NM, LLC - Lic. # 08945

Property Subtype:

Restaurant

Date on Market:

2026-01-23

Albuquerque Retail for Sale - Southeast Heights

Property Subtype:

Restaurant

Date on Market:

2025-11-20

Albuquerque Retail for Sale - Northeast Heights

Positioned in the heart of Albuquerque’s Northeast Heights submarket, 4801–4805 Menaul Blvd NE presents a compelling opportunity for owner-users, investors, or developers seeking a high-visibility location with versatile zoning. This 0.48-acre corner site features a 7,934 SF retail/office building divided into four separately metered units, offering operational flexibility and income potential. The property spans two parcels, including additional addresses at 2608–2612 Monroe, enhancing its suitability for parcel assembly or future expansion. Strategically located along Menaul Boulevard, one of Albuquerque’s most active east-west commercial corridors, the site benefits from consistent traffic flow and excellent regional connectivity via I-25, San Mateo Blvd, and Carlisle Blvd. The surrounding area is a vibrant mix of national retailers, restaurants, and service businesses, supported by a strong daytime population of 145,679 and a residential base of over 116,000 within a three-mile radius. Average household income in the area exceeds $82,000, reinforcing the location’s retail viability. With MX-M zoning, the property is a prime candidate for a drive-through concept, adaptive reuse, or redevelopment. Whether retained for immediate occupancy or repositioned for long-term value creation, this asset offers a rare blend of location strength, zoning flexibility, and demographic support in one of Albuquerque’s most established trade areas.

Property Subtype:

Storefront

Date on Market:

2025-11-03

Las Cruces Retail for Sale

Dutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high quality, handcrafted beverages with unparalleled speed and superior service. Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 1,135 stores open across 25 states. Las Cruces is the second-most populous city in New Mexico and serves as the county seat of Doña Ana County. The city is home to an estimated 111,385 residents. Las Cruces is a thriving city surrounded by picturesque desert and conveniently located less than an hour from El Paso International Airport.

Property Subtype:

Fast Food

Date on Market:

2025-10-27

Albuquerque Retail for Sale - University

OWNER FINANCING AVAILABLE TERMS NEGOTIABLE Seller willing to do a buildout credit Secure your business in this exceptional 4,000 sq ft commercial property. Ideal for production, manufacturing, distribution, or retail, this space comes equipped with a robust 400-amp power supply. The property features a spacious main room, multiple private offices, and ample storage. Key amenities include on-site parking and a secure, enclosed gate. Zoned for cannabis production, the property is highly versatile and adaptable for various business types. Situated in a sought-after location with excellent visibility. Located minutes from Nob Hill, UNM, and Kirtland Air Force Base. LEASING OPTIONS: Also available for lease at $5,500 a month. Currently unoccupied- AVAILABLE NOW! Schedule a private showing today!

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-26

Albuquerque Retail for Sale - Southeast Heights

• Freddy’s has operated at this location for 11 years and has 4+ years remaining on their lease with 3 (5-year) options to extend • The lease features 10% rental increases every 5 years and at the beginning of each options • The tenant, ERC New Mexico, LLC operates 10 Freddy’s locations in New Mexico and El Paso County, TX • Operated by the larger entity, ERC Management, which operates a total of 34 locations in Colorado, Alabama, Texas, and New Mexico with plans to open more stores in New Mexico and El Paso County, TX

Property Subtype:

Fast Food

Date on Market:

2025-09-15

Albuquerque Retail for Sale - Downtown

Previously, this amazing downtown location was known as the Lotus, then later Tantra Nightclub. Its currently set up with the same layout and would be a turnkey nightclub for the next owner. However, there is a numerous amount of uses including CANNABIS, general OFFICE use (Attorneys, CPA etc.), and RESTAURANT as the existing plumbing and bar set-up could easily be converted to this type of use. If these don’t fall into your vision, check the attached current permissive uses in the MX-FB-UD Zoning.

Property Subtype:

Storefront

Date on Market:

2025-09-05

Alamogordo Retail for Sale

Graystone Capital Advisors, in association with Bang Realty–New Mexico, Inc., is pleased to present the opportunity to acquire 2010 & 2013 Pecan Drive, a highly functional 6,138 SF freestanding commercial building situated on approximately 0.71 acres across two parcels in Alamogordo, New Mexico. The property offers a versatile layout suitable for medical office, daycare, professional office, retail, or service-oriented users and features strong street frontage, ample onsite parking, and flexible C-3 Commercial zoning allowing a broad range of commercial uses. Originally built in 1989 and extensively renovated in 2022, the building includes major upgrades to electrical systems, HVAC, security infrastructure, and interior improvements—creating a turnkey environment for owner-users or investors seeking a well-improved facility. The offering also includes a separate 0.28-acre parcel across the street, currently utilized for additional parking but offering future flexibility for operational support, outdoor programming space, or potential development. The property is currently occupied by S & H Green Life, an operating cannabis dispensary and cultivation business. The business and associated Type 3 cannabis license may be purchased separately, providing optional upside for buyers interested in acquiring both the real estate and an operating enterprise. Strategically located within Alamogordo’s primary commercial corridors near Indian Wells Road, the asset benefits from a stable local economy driven by defense, healthcare, education, and tourism, including proximity to Holloman Air Force Base and White Sands National Park.

Property Subtype:

Freestanding

Date on Market:

2025-08-26

Albuquerque Retail for Sale - Southeast Heights

Central Plaza is a high-profile shopping center located on Central Ave near Louisiana Blvd. in Albuquerque, NM. The property has an excellent tenant mix including anchor tenant Terry’s Mini Mart, Central Laundry, and Michoacán Heladeria (ice cream and snack shop). The center offers great visibility from the street along with excellent monument signage visible to both east and west bound traffic. Located in a dense urban neighborhood, the location is ideal for an investor to acquire a well maintained and updated retail building in the Albuquerque area. Located in close proximity to many amenities and just 1 mile from I-40, the property offers a stabilized investment with rent growth and upside potential. In 2017 – 2018 the property underwent significant upgrades including a new TPO roof, New Parking lot, LED lighting and new HVAC units for most units. A cell tower operator is presently in their due diligence period of their lease and obtaining permits to install a cell tower at the SWC of the Property. Central Plaza is a high-profile shopping center located on Central Ave near Louisiana Blvd. in Albuquerque, NM. The property has an excellent tenant mix including anchor tenant Terry’s Mini Mart, Central Laundry, and Michoacán Heladeria (ice cream and snack shop). The center offers great visibility from the street along with excellent monument signage visible to both east and west bound traffic. Located in a dense urban neighborhood, the location is ideal for an investor to acquire a well maintained and updated retail building in the Albuquerque area. Located in close proximity to many amenities and just 1 mile from I-40, the property offers a stabilized investment with rent growth and upside potential. In 2017 – 2018 the property underwent significant upgrades including a new TPO roof, New Parking lot, LED lighting and new HVAC units for most units. A cell tower operator is presently in their due diligence period of their lease and obtaining permits to install a cell tower at the SWC of the Property.

Property Subtype:

Storefront

Date on Market:

2025-08-19

Albuquerque Retail for Sale - Southeast Heights

1619–1625 San Pedro Drive NE offers a stable, income-generating opportunity located just outside Albuquerque’s highly active Uptown trade area—home to the highest daytime population in New Mexico. This fully leased, 5,560-square-foot, multi-tenant retail building features a diverse mix of local tenants, including a gym, dispensary, dog grooming salon, and tea shop—creating strong co-tenancy synergy and built-in foot traffic. The property fronts San Pedro Drive, which sees over 13,479 vehicles daily, providing excellent visibility. There are no current vacancies; the nearest lease expiration is in 2027, with renewal options. All tenants are currently on modified gross leases, presenting future upside for an investor to convert to triple net (NNN) lease structures upon renewal or re-tenanting. Initially constructed in 1962, the building is made of beige brick masonry and combines TPO and tar-and-gravel roofing. Each suite is equipped with a swamp cooler and radiant heating. Signage includes individual building signage for each unit and a shared pylon sign with four tenant panels. This is an ideal opportunity for investors seeking a stable in-place income with long-term potential in one of Albuquerque’s most active retail corridors.

Property Subtype:

Storefront

Date on Market:

2025-08-14

Albuquerque Retail for Sale - South Valley

The stage is set, (literally inside this building) for fun to be had by all. This well known South Valley Building is currently operating as a restaurant/bar. DO NOT DISTURB OCCUPANTS or ANY STAFF. Contact your broker or the listing broker to see it during non-business hours. Great location minutes from the Zoo, Airport, Downtown, and CNM Campus. This versatile building can be used primarily as a restaurant that can hold different events in a friendly atmosphere with generous seating inside and outside in the garden area. Bring your vision, dreams and excitement to make this building all that it could be. Over 6,000 SF inside and outside areas with multiple restrooms, office, separate dining areas and bar with full kitchen! FF&E is separate and not included with the sale of the building. Owner will consider a lease with purchase option. Ask for more details and schedule your showing today. NOI is estimated for a NNN Lease.

Property Subtype:

Restaurant

Date on Market:

2025-08-12

Farmington Industrial for Sale

Excellent site for a business looking for high visibility. This approx. 26,600 sq ft building has almost 10,500 sq ft of retail, office and enclosed warehouse space, with an additional 13,100 sq ft of outdoor, but covered warehouse storage space. It also includes 1.12 acres of paved and fenced outside storage. Located on high traffic East Main St (NM 516) in Farmington. The highway frontage is approx. 520' with an additional 140' around the corner on Marseille.

Property Subtype:

Warehouse

Date on Market:

2025-07-24

Santa Fe Retail for Sale - Southwest Santa Fe

Prime C-2 Zoned Commercial Lot on Cerrillos Road – Endless Possibilities in the Heart of Santa Fe. Position your business for success with this exceptional .27-acre commercial lot located directly on Cerrillos Road, one of Santa Fe’s most heavily traveled thoroughfares. Zoned C-2, this high-visibility property offers an incredible array of development opportunities including drive-throughs, restaurants, office space, multi-family housing, car washes, retail establishments, and more. Currently operated as a resale car lot, the property is fully accessible and ready for immediate use or redevelopment. Located directly across the street from the iconic El Rey Court Inn, this location benefits from strong foot and vehicle traffic, excellent visibility, and proximity to Santa Fe’s thriving Midtown district. Whether you’re looking to develop a new commercial venture or continue the current use, 1863 Cerrillos Road is a rare opportunity to own a piece of high-demand Santa Fe real estate with unmatched potential.

Date on Market:

2025-07-22

Truth Or Consequences Retail for Sale

This is a high traffic Location. This building is located at exit 79 on I 25 in southern New Mexico.Hour north of Las Cruces and two hours south of Albuquerque. This restaurant location. has been extremely successful over the years,And the market is still growing. Even though my first consideration is to sell the building as a whole, I am willing to consider a lease on the restaurant. Terms and conditions are flexible at this time. please check out the strength of this location, and I look forward to hearing from you. Please feel free to call or tex me, Stephen Rouke cell 575-740-1821 or email me at Sroukecsl@aol.com

Property Subtype:

Restaurant

Date on Market:

2025-07-08