Retail Commercial Real Estate in Santa Fe, New Mexico

Browse 55 retail spaces in Santa Fe, New Mexico (NM) with an average asking rent of $23 per SF, an average asking sale price of $443 per SF, and an average size of 9,207 SF.

Current Inventory55
Average Available Size9,207 SF
Total Available Size681.4K SF
Average Asking Price—
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Lease Retail

Sabino Shopping Center

604 N Guadalupe St Ste C, Santa Fe, NM 87501

  • $30 SF/year
  • 1,250 SF

Available for lease, Suite C is a move-in-ready ±1,250 RSF retail space within the ±5,000 SF Sabino Shopping Center at 604 N Guadalupe St in Santa Fe. The center is directly adjacent to Market Street grocery within the established DeVargas Mall shopping complex. The suite features a second-generation retail buildout, shared on-site parking, prominent visibility, and access to ongoing retail foot traffic. Lease rate is $30.00/SF per year.An existing security system is in use; functionality is not guaranteed by the owner. The suite is suitable for boutique retail, wellness, personal services, specialty retail, and other customer-facing uses. Zoning is SC2, Planned Shopping Center District Community.

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3060 Cerrillos Rd listing image
Sale/Lease RetailIndustrial

3060 Cerrillos Rd

3060 Cerrillos Rd, Santa Fe, NM 87507

  • $2M
  • $14 SF/year
  • 12,200 SF
  • 12,200 SF building
  • 1 ac

FREESTANDING CERRILLOS ROAD RETAIL/FLEX BUILDING — FOR SALE OR LEASE3060 Cerrillos Road is a 12,200-square-foot freestanding commercial building offering excellent visibility, approximately 75 surface parking spaces, flexible retail and warehouse space, two loading docks, one drive-in door and 16-foot clear height along one of Santa Fe’s most established commercial corridors.The property benefits from approximately 1.26 acres of combined functional site area, comprising the fee-owned parcel together with recorded easement areas providing additional parking, ingress, egress and loading-dock access. The property has direct ingress from Cerrillos Road and access through Cielo Court.Goodwill Industries of New Mexico has successfully occupied the property for approximately 25 years. The current lease expires March 31, 2027. A purchaser may acquire the property before lease expiration and receive the remaining rental income, followed by owner occupancy, re-leasing or repositioning beginning April 1, 2027.PROPERTY HIGHLIGHTS12,200-square-foot freestanding retail/flex buildingOffered for sale at $2,395,000Available for lease at $13.95/SF NNNEstimated NNN expenses of $3.00/SFGoodwill rental income through March 31, 2027Anticipated occupancy beginning April 1, 2027Approximately 25 years of successful Goodwill occupancyApproximately 1.26 acres of combined functional site area, including recorded easement areasExclusive recorded parking and loading-dock easementNonexclusive access over Cielo CourtTwo loading docks plus one drive-in doorApproximately 75 surface parking spaces16-foot clear heightC-2 General Commercial zoningBuilding and monument signageApproximately 39,638 vehicles per dayProminent Cerrillos Road visibility and accessOffered for sale or leaseDo not disturb tenant FREESTANDING CERRILLOS ROAD RETAIL/FLEX BUILDING — FOR SALE OR LEASE3060 Cerrillos Road is a 12,200-square-foot freestanding commercial building offering excellent visibility, approximately 75 parking spaces, flexible retail and warehouse space, two loading docks, one drive-in door and 16-foot clear height along one of Santa Fe’s most established commercial corridors.The property benefits from approximately 1.26 acres of combined functional site area, comprising the fee-owned parcel together with recorded easement areas providing additional parking, ingress, egress and loading-dock access. The property has direct ingress from Cerrillos Road and access through Cielo Court.Goodwill Industries of New Mexico has successfully occupied the property for approximately 25 years. The current lease expires March 31, 2027, providing rental income through the lease term and anticipated occupancy for a new tenant or owner-user beginning April 1, 2027.PROPERTY HIGHLIGHTS12,200-square-foot freestanding buildingOffered for sale at $2,395,000 or available for leaseGoodwill rental income through March 31, 2027Anticipated occupancy beginning April 1, 2027Approximately 25 years of successful Goodwill occupancyApproximately 1.26 acres of combined functional site area, including recorded easement areasExclusive recorded parking, access and loading-dock easementTwo loading docks plus one drive-in doorApproximately 75 surface parking spaces16-foot clear heightC-2 General Commercial zoningProminent Cerrillos Road visibilityApproximately 39,638 vehicles per dayBuilding and monument signageDo not disturb tenant

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4250 Cerrillos Rd listing image
Lease Retail

4250 Cerrillos Rd

4250 Cerrillos Rd, Santa Fe, NM 87507

  • $12 - $16 SF/year
  • 1,170 – 15,724 SF
  • 427,685 SF building
  • 16 ac
  • 6 Spaces

Santa Fe Place Mall is Santa Fe's largest enclosed shopping center, serving as the primary retail hub for the city and surrounding region. Located at 4250 Cerrillos Rd, the property combines a strong anchor lineup with a mix of national, regional, and specialty tenants, drawing shoppers from across Santa Fe County and beyond.  WHY SANTA FE PLACE Anchored by JCPenney, Dillard's, Barnes & Noble, Hobby Lobby, H&M, and World Market Consistent mall and food court traffic Flexible spaces for retail, entertainment, and specialty concepts Strategic Cerrillos Rd location with strong regional draw LOCATION HIGHLIGHTS Santa Fe Place Mall sits at 4250 Cerrillos Rd, one of Santa Fe's busiest commercial corridors and the primary retail and hospitality artery connecting I-25 to downtown Santa Fe. Access & Visibility Direct frontage on Cerrillos Rd, the main north-south commercial corridor through Santa Fe Minutes from I-25 (via St. Francis Dr or Cerrillos Rd exits), making the property easily accessible for both local shoppers and regional/tourist traffic Anchors a dense, high-performing retail corridor that draws steady cross-shopping traffic from around the mall Nearby Retailers  Santa Fe Place is part of a major retail cluster along Cerrillos Rd, surrounded by a strong mix of national big-box and specialty retailers that drive consistent area-wide traffic, including: Target Sam's Club Lowe's Home Improvement Best Buy PetSmart Albertsons Market Ulta Beauty 

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4042 Cerrillos Road listing image
Sale/Lease LandRetail

4042 Cerrillos Road

4042 Cerrillos Rd, Santa Fe, NM 87507

  • Negotiable
  • 43,268 SF
  • 1 ac

4042 Cerrillos Road in Santa Fe, New Mexico, offers a 0.9933-acre pad site—approximately 43,268 square feet—for sale or ground lease. The property fronts Cerrillos Road, one of Santa Fe’s main commercial corridors, and is zoned C2 General Commercial District.The site is suited to quick-service restaurant, restaurant, and retail users. Under the ground lease structure, the tenant is responsible for taxes, insurance, maintenance, and improvements. Showings are by appointment only; please do not disturb the current occupant.

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3470 Zafarano Dr listing image
Lease Retail

3470 Zafarano Dr

3470 Zafarano Dr, Santa Fe, NM 87507

  • Negotiable
  • 2,454 SF

Turnkey, fully built-out restaurant space available for lease at 3470 Zafarano Dr in Santa Fe, New Mexico. The 2,454-square-foot end-cap is located in a high-traffic shopping area near the new EVO movie theater and is suitable for restaurant, bar, or event venue use.The space includes a full commercial kitchen with hood, walk-in freezer, built-in stage for live music and events, ample guest seating, a covered patio for outdoor dining, and access to a shared courtyard with outdoor seating. The property is located within the C2PUD General Commercial District Planned Unit Development District.

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1607 A Alcaldesa St listing image
Lease Retail

1607 A Alcaldesa St

1607 A Alcaldesa St, Suite 110A, Santa Fe, NM 87501

  • $28 SF/year
  • 4,117 SF
  • 24,481 SF building

NEW PRICE! Don't miss out on this prime restaurant or retail lease opportunity in the heart of the Santa Fe Railyard District. This 4,117 RSF space was formerly home to Restoration Pizza and is already equipped with an exhaust hood, grease trap, and infrastructure for commercial kitchen equipment, making it ideal for a restaurant, café, or food concept. The property is located directly across from Sky Cinema (formerly Violet Crown) in the Railyard and benefits from strong foot traffic generated by the Santa Fe Farmers Market, Railyard Park, breweries, museums, the New Mexico School for the Arts, and nearby hotels. The area attracts both locals and visitors throughout the day and evening. The building is professionally managed and part of the curated Railyard development. National chain tenants are not permitted, and all tenant leases are subject to approval by the Santa Fe Railyard Community Corporation, supporting a vibrant mix of local businesses. This is a unique opportunity to open a restaurant or retail concept in one of Santa Fe's most dynamic districts--where arts, culture, entertainment, and food intersect and where both locals and visitors naturally gather throughout the day and evening. Lease Rate: $25.00/SF + NNN -- PRICE REDUCED FROM $28/SF to $25/SF!Size: 4,117 RSF Use: Restaurant, café, or retail Term: Three Years with annual rent escalations 

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