Albuquerque Retail for Sale - University

4800 Lomas as it exists today is a freestanding church building located in Nob Hill at the signalized intersection of Lomas Blvd and Monroe St. The building can very easily be used again by a new church, featuring a large sanctuary, multiple youth and children rooms and overall a great layout for a church; but also has the opportunity for a new use altogether. This building was originally constructed as a Furr's grocery store, servicing the surrounding neighborhoods and has the ability to be reimagined once again. With MX-M zoning, this opens up the redevelopment opportunities like mixed-use, multi-family, large format retail, drive-thru, car was, banks, and more. Big things are happening in the supermarket surrounding 4800 Lomas. The intersection of San Mateo and Lomas is anchored by Sprouts, True Value, and Ace Hardware, which brings steady traffic to the area. Construction is completed on the new Whole Foods and American Home at Carlisle and Indian School, and with it, new projects underway where each vacated in the same submarket. Most notable for this area is the redevelopment of the former Bank of the West towers at San Mateo and Central into mixed-used apartments, slated in 2025/26. This area north of Nob Hill continues to be a huge draw area for the University of New Mexico and many of the surrounding neighborhoods as part of this walkable/urban core of the city.

Property Subtype:

Freestanding

Date on Market:

2025-12-02

Belen Retail for Sale - Los Lunas Corridor

This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends. For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.

Property Subtype:

Freestanding

Date on Market:

2025-08-15

Milan Retail for Sale

Tenant: Dollar General has recently exercised a 5-year lease extension, demonstrating long-term commitment to the site. The lease includes 10% rental increases in each option period, providing strong built-in NOI growth. Lease Structure: Absolute NNN lease with zero landlord responsibilities, offering a truly passive investment. Tenant is responsible for all taxes, insurance, and maintenance, eliminating ownership risk. Traffic Counts: The property benefits from strong visibility with 15,916 vehicles per day. High traffic exposure supports consistent store performance and long-term tenant stability. Demographics: Over 13,139 people reside within a 5-mile radius, providing a solid consumer base. The surrounding population supports daily-needs retail and repeat visitation. Building Size: The 9,026 SF prototype store is a proven, efficient layout for Dollar General operations. This size aligns with the tenant’s most successful and widely utilized store format. Year Built: Constructed in 2011, the property offers relatively modern improvements with limited near-term capital needs. Newer vintage reduces risk compared to older Dollar General assets.

Property Subtype:

Convenience

Date on Market:

2026-05-05

Albuquerque Multifamily for Sale - Cottonwood

Prime investment opportunity in a high-visibility location just off Coors Blvd, boasting traffic counts of approximately 43,000 vehicles per day. This unique mixed-use property features a 5,046 square foot commercial retail building currently occupied by a well-established Anytime Fitness, providing immediate income potential. Positioned directly behind the retail space are 13 well-designed condominium units, each offering 2 bedrooms and 2.5 bathrooms, an ideal setup for strong, consistent rental demand. The residential component overlooks the scenic Black Farm area, adding an attractive lifestyle element for tenants and enhancing long-term value. With a combination of stable commercial tenancy, multiple residential income streams, and exceptional exposure in a high-traffic corridor. This property presents a rare opportunity for investors seeking both cash flow and appreciation potential.

Property Subtype:

Apartment

Date on Market:

2026-04-27

Albuquerque Retail for Sale - Northeast Heights

Property Subtype:

Fast Food

Date on Market:

2026-04-20

Ramah Retail for Sale

Located in the scenic El Morro Valley within the Ramah Navajo region of western New Mexico, this ±4,998 SF commercially zoned property on ±3.1 acres presents a rare turn-key hospitality, restaurant, and outdoor recreation investment opportunity along Highway 53 / Ice Caves Road (±1,082 VPD) with excellent frontage, a dedicated turn lane, and ample on-site parking. The property is currently operating as a proven bed & breakfast retreat business with established website, booking system, and social media presence, and is being offered with all FF&E including pizza oven, refrigeration, tables, chairs, bar equipment, and restaurant furnishings. The main building features a restaurant and bar area with a small performance stage, creating an ideal setting for live music, community events, and destination dining, while a large conference room with shower and front balcony access overlooking the valley provides additional flexibility and could easily be converted into a second lodging suite or private event space. A separate owner suite / Airbnb with updated kitchen, living room, bedroom, and private balcony offers on-site living or additional rental income. Outdoor amenities include 3 RV sites with water and electricity hookups, BBQ and picnic areas, horse stables, and a multi-purpose shop space suited for woodworking, equipment maintenance, or storage, allowing for a wide range of operational uses. The property also benefits from reliable internet and cell service, full water, sewer, propane, and electric utilities, and is located in a remarkable dark-sky environment known for exceptional stargazing, making it highly attractive for retreats and tourism. Positioned adjacent to Cibola National Forest within Game Management Unit 12, the property offers significant upside through outdoor recreation and hunting tourism, including opportunities to host elk, mule deer, bear, and turkey hunting groups, with potential guided hunt packages generating substantial seasonal revenue. With 5-mile demographics including ±816 residents, average household income of $88,460, and ±286 daytime employees, combined with steady tourism traffic visiting nearby El Morro National Monument and the Ice Caves & Bandera Volcano, this offering presents a unique opportunity to acquire an established hospitality destination with multiple income streams and expansion potential in one of New Mexico’s most scenic and recreation-rich regions.

Property Subtype:

Restaurant

Date on Market:

2025-04-28

Alamogordo Industrial for Sale

• Major Hwy Junction (70 & 54) in South Alamogordo Near Major Air Force Base • Flexible Site for Variety of Uses with 77,400+/- SF of Total Building Area on 8.64 AC+/- • Centralized Hub Serving Vast Regional Trade Area • Large, Multi-Purpose Site is Easily Adaptable for Retail, Entertainment, Industrial, Institutional, Educational, Film-Related and/or Storage Uses • Ability to Create a High-Profile Perimeter Pads Along State Road 54 • Main Building Consists of 67,400+/- SF Envelope with 27’+ Ceiling Heights Throughout and approx. 5,000 SF of Office Area • Two Dock Doors Along North side of Main with Ability to Accommodate More • Mezzanine Area Consisting of 4,700 SF+/- (Not Included in Main Bldg Area) • Adjoining 10,000 SF Retail Strip Retail Building Available for Smaller User(s) • US Highways 70 & US 54 Connect to Numerous Communities in SE NM • Strong Traffic Counts Along Both US Hwy 70 and US Hwy 54 • Site Abuts Significant Truck Relief Route • Entire 8.64 AC Site For Sale at $5.5 Million • Individual Portions Also Available for Sale. See Site Plan Above for Pricing, Contact Brokers for Additional Details.

Date on Market:

2026-03-30

Bernalillo Retail for Sale - Rio Rancho

Surmount is pleased to present the exclusive listing for a Chili’s located at 585 NM-528, Bernarillo (Albuquerque), NM 87004. The site consists of roughly 6,082 rentable square feet of building space on an estimated 2.24-acre parcel of land. This Checkers is subject to a 10-year Ground lease, which commenced 4/28/2015. The current annual rent is $127,600 and has scheduled increases of 10.00% every 5 years.

Property Subtype:

Restaurant

Date on Market:

2026-03-25

Taos Retail for Sale

The offering presents the opportunity to acquire an absolute NNN leased Walgreens located at 811 Paseo del Pueblo Sur in Taos, New Mexico, the primary commercial corridor and economic hub of northern New Mexico. The property is offered at a purchase price of $4,950,000, providing a 6.25% cap rate on current income with approximately 13.5 years remaining on the primary lease term. Walgreens operates under an absolute NNN lease, resulting in zero landlord responsibilities, and features 5% rental increases every five years, offering built-in income growth over the hold period. The asset is well positioned as the only national branded drugstore in Taos and the only Walgreens within a 40+ mile radius, supporting long-term tenant commitment and durable cash flow.

Property Subtype:

Drug Store

Date on Market:

2026-03-05

Madrid Retail for Sale

Commercially zoned property in the heart of the quintessential historic town of Madrid, perfectly located on vibrant Main Street in a highly desirable location to capture business from tourists and locals alike. Madrid is a fun and colorful community just outside of Santa Fe and is the most popular visitor stop along the National Scenic Byway, the Turquoise Trail, making it an ideal day trip linking Santa Fe and Albuquerque. The Trail attracts visitors from all over the world who come to experience the rich culture and history of this picturesque Western town. The property features a fully equipped commercial kitchen and is being sold fully furnished and equipped to operate a successful restaurant. It also boasts a state-of-the-art fire alarm system. Currently leased to The Refinery, offering a solid investment opportunity with a high cap rate and return. At one time, the property operated as two businesses, a retail space in the Santa Fe Railroad railcar situated on site; the railcar is now configured as additional indoor dining. The property offers both indoor and outdoor dining experiences, with the outdoor space overlooking the Madrid Museum and long serving as a dynamic setting for dining and live music. Designated parking is conveniently located along State Highway 14 directly in front of the restaurant.

Date on Market:

2026-03-02

Albuquerque Portfolio of properties for Sale - Northeast Heights

• Leasehold Interest with long-term ground lease • Three free-standing buildings • Diverse mix of long term national and local tenants • Staggered leases • Iconic monument sign • Great visibility from busy Menaul Blvd. • 4:1,000 parking ratio

Date on Market:

2026-01-19

Espanola Retail for Sale

Property Subtype:

Restaurant

Date on Market:

2025-12-30

Silver City Retail for Sale

High-exposure site in the heart of town Positioned along Silver City’s main retail corridor with traffic counts of 14,000 per day Centrally located within the town High-demand drive-in opportunity Surrounded by national retailers and daily needs shopping Restaurant infrastructure in place and ready for occupancy 22 drive-in order stalls Prominent large pylon sign located on the hard corner Zoning supportive of drive-thru and a wide range of retail uses Property is part of a larger drive-in portfolio, see broker for details

Property Subtype:

Fast Food

Date on Market:

2025-10-22

Santa Fe Retail for Sale

Positioned at the high-traffic crossroads of Cerrillos Road and St. Francis Drive, Suite 113 at 1005 S. St. Francis Dr. offers a rare opportunity to own prime retail space in the heart of Santa Fe’s most active commercial corridor. This ±1,382 SF condo unit is part of a vibrant retail center anchored by nationally recognized tenants including AutoZone and Chipotle, and is surrounded by a dense mix of retailers such as Trader Joe’s, Whole Foods, Walgreens, and Starbucks. The property benefits from exceptional visibility and accessibility, with daily traffic counts exceeding 40,000 vehicles and proximity to the Rail Runner station, South Capitol State Offices, and Santa Fe Railyard. The suite includes showroom, office, and stockroom areas, with existing expansion rights offering future flexibility. Located within a thriving trade area, the site draws from a strong demographic base with average household incomes exceeding $120,000 within a 3-mile radius and daytime employment over 59,000. Santa Fe’s reputation as a top-tier arts and tourism destination further enhances the investment appeal, with accolades from Travel + Leisure, Forbes, and USA Today. Whether serving local residents or the city’s year-round visitors, this location offers unmatched exposure and commercial synergy.

Date on Market:

2025-10-09

Albuquerque Retail for Sale - North Valley

North Valley Stand-Alone Retail/Office building available for sale and lease. Contact broker for details.

Property Subtype:

Freestanding

Date on Market:

2025-07-18

Artesia Flex for Sale

107 S. 14th Street offers approximately 2477 sqf of retail sales floor and office space with conference room, 3 private offices, sales counter, break area and restroom. You'll also find approximately 3710 sqf of production area, workshop, parts/supplies storage, a secured tool crib, shop restroom, all heated/cooled, air line drops with air compressor, 220 power and more! Outside offers 3 additional enclosed and insulated work spaces or additional secured storage totaling 2500 sqf (2- 40' x 25' shops and 1 - 20' x 25'); two are insulated, one is heated & cooled with 220 power for welders, all 3 have power. This property also boasts 2250 sqf of covered canopy storage inside the fenced and paved yard 0.58 acre yard. Property is located just off of Main Street in Artesia, NM near shopping and schools. Call for more information or to schedule an appointment to see this great opportunity for your business needs!

Property Subtype:

Showroom

Date on Market:

2025-07-09

Albuquerque Retail for Sale - Downtown

An exceptional investment opportunity awaits at 2113 Charlevoix St. NW, Albuquerque, NM, 87104. This 1,806 SF building, zoned MX-T and fully occupied, offers a lucrative prospect for retail or street retail investors, featuring a functional floorplan layout and prime location in the Old Town submarket. With high foot traffic and proximity to amenities, this property presents an ideal setting for a successful retail venture in the dynamic Albuquerque area.

Property Subtype:

Freestanding

Date on Market:

2025-07-02

Albuquerque Office for Sale - Downtown

Hard-Corner Office/Retail Condo located in high-traffic area available for sale. Contact broker for details.

Date on Market:

2025-06-11

Chama Retail for Sale

Step into a rare opportunity to own a true piece of the Old West with this iconic hospitality property in the heart of Chama, New Mexico. Located at 101 4th Street, directly across from the famed Cumbres & Toltec Scenic Railroad, this ±10,407 SF building on ±0.4 acres offers a turnkey, all-in-one hospitality package that includes a restaurant, bar, hotel, and banquet hall. With its roots tracing back to the late 1800s, the property is listed on the National Register of Historic Places and carries a full liquor license and all furniture, fixtures, and equipment. Chama is a high-altitude gem nestled in the Southern Rockies, just 120 miles north of Santa Fe. The town draws an estimated 677,000 annual visitors, including ±276,000 tourists, many of whom arrive via the adjacent railroad depot. The property’s prime location and authentic Western charm make it a compelling investment for hospitality operators, event venue developers, or historic preservationists seeking to revitalize a beloved landmark. Surrounded by natural beauty and outdoor recreation, Chama offers year-round appeal with fly fishing on the Rio Chama, hiking along the Continental Divide Trail, and seasonal events like Chama Days and the Christmas in the Mountains festival. The area’s growing tourism base, combined with the property’s unique character and strategic location, presents a compelling opportunity to create a destination experience that honors the past while embracing future potential.

Property Subtype:

Restaurant

Date on Market:

2025-05-22

Santa Fe Retail for Sale - Downtown Santa Fe

AVAILABLE: Unit 223: ±1,700 SF, Unit 225: ±1,300 SF, Total: ±3,000 SF | Land: ±0.25 Ac. | SALE PRICE: $1,950,000 | LEASE RATE: Unit 223: $7.000/month + NN, Unit 225: $3,000/month + NN, Unit 223 & 225: $10,000/month + NN | ZONING: BCD | Business Capital District | HIGHLIGHTS: A hard-to-find restaurant opportunity, FF&E included, Fenced patio seating and bar area, Desirable location in downtown, Liquor license available separately, 5 Parking spaces - Extra space see advisor, Surrounded by: Museums, Hotels & Vacation Rentals, Galleries, Professional offices, Retail businesses

Property Subtype:

Restaurant

Date on Market:

2025-04-15

Los Lunas Retail for Sale - Los Lunas Corridor

Prime visibility to 27,700 vehicles daily Excellent position in a thriving retail corridor with high customer traffic Easy access to major thoroughfares in Los Lunas Zoning allows for a wide variety of commercial uses, including drive-thru Located in the heart of a rapidly growing community Join national brands such as Albertson’s, Starbucks, Smith’s and Ross Restaurant space equipped with infrastructure and select FF&E to be determined

Property Subtype:

Freestanding

Date on Market:

2025-03-26

Farmington Retail for Sale

Prime Location! Welcome to a meticulously designed building tailored to cater to your unique needs and aesthetic preferences. Whether your dream is to open a cozy café, a trendy boutique, or a dynamic office space, this unit provides the flexibility to bring your vision to life. Strategically zoned for general commercial use, this property enjoys an enviable location just moments away from East Main Street, positioned on a corner lot to maximize visibility. Erected in 2008 on a spacious 0.94-acre plot, the building spans an impressive 5,389 square feet. It features a paved parking lot and seamless access to city utilities. This location offers an ideal setting with a substantial volume of passing traffic, a modern and contemporary structure, inclusive of 3 HVAC units. Additionally, it shares proximity with a mortgage company and a wine and spirits store, further enhancing its desirability and potential for success.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-03-21

Anthony Retail for Sale

Property Subtype:

Restaurant

Date on Market:

2025-03-17

Albuquerque Retail for Sale - North I-25

- Vacancy: ±4,000 SF (28%) - Estimated NNN: $3.50/SF - Tenants include Amadeo’s Pizza, Subway, Volcanic Training and Home Instead Home Care - Tenants have been in the center since 2011 - Great owner/user opportunity - Located directly across from Sandia Prep - Less than 1/2 mile from Vista del Norte neighborhood - Great visibility to ±20,200 cars per day - 5:1,000 parking ratio - A unique opportunity for an experienced retail investor or owner/user to buy a property under replacement costs - Please do not disturb tenants

Property Subtype:

Freestanding

Date on Market:

2025-01-06