Albuquerque Retail Space for Rent

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Renting Retail Space in Albuquerque

Retail leasing activity in Albuquerque remains consistent, comprising 29% of total tenant searches. TenantBase data indicates that 60% of retail tenants prefer leases of three years or less, with 46% specifically seeking terms between one and three years. This demand profile suggests the market is well-suited for local retailers, franchise startups, and service-oriented businesses that benefit from flexibility.

Longer-term commitments still account for 19% of demand, showing that more established retailers are also maintaining a presence in growing neighborhoods. Central areas like Nob Hill and Uptown Albuquerque remain attractive retail corridors, supported by pedestrian traffic and proximity to residential zones. As local entrepreneurship strengthens, the city’s mixed-use developments and street-front inventory offer critical infrastructure for small-format retail success.

About TenantBase

TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.

Popular Retail Space in the Albuquerque Market

Suite Rates in Albuquerque

Suite Sizes in Albuquerque

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.