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402 Carr Lane, Espanola, NM 87532

Rio Arriba County

Key Facts

14,235Sq Ft
2014Year Built
1.03Lot (acres)

Description

Prime retail center located in a high-traffic retail corridor shadow-anchored by Walmart and surrounded by strong national retailers, including Lowe’s, Petsense, Starbucks, CVS, Walgreens and more. Excellent visibility and access from Riverside Drive, Española’s main commercial artery. Property Overview: Suite A: +/-5,000 SF previously occupied by Rue 21. Perfect for value retail, apparel, beauty supply and soft goods operators seeking open floorplans and strong customer flow. National co-tenancy and high visibility support high-volume shopping patterns. Efficient layout with flexible demising options. Suite B: +/-8,000 SF currently occupied by Dollar Tree. Available for occupancy after 1/31/2026. Well-suited for large-format retail such as furniture, electronics, fitness concepts, auto parts, urgent care and more. High ceilings and open floorplan to support a wide range of concepts. Location & Market Advantages: Situated in a high-traffic trade area with strong traffic counts, 32,000 VPD. Excellent visibility from N Riverside Drive with easy ingress/egress. Site Features: Ample surface parking to support high customer volumes. Prominent signage opportunities on building and monument. Modern façade with strong storefront exposure. A unique opportunity to join Northern New Mexico’s thriving retail hub!

Property Information

Property Type

Commercial Lease

Sub-Type

Retail

Year Built

2014

Living Area

14,235 sq ft

Lot Size

1.03 acres

Days on Market

142

MLS® Listing#

202504857

Property Features

Utilities

Electricity Available

Water Source

Public

Financial Details

Parcel Number

1-047-122-194004

Directions

From Santa Fe, North on 84/285 to S Riverside Dr Left on Calle Ranchitos Property on Left

Affordability Calculator

$3

Estimated monthly payment

$0/mo

Principal $14 · Est. interest $19 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Espanola, NM

$384,615
Median Listing Price
135
Median Days on Market
1,790
Median Sq Ft
$219
Median Price / Sq Ft
28
Active Listings
  • This home’s price is 100% below the area median.
  • Its price per sq ft is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Espanola, NM.

Location

Map showing the location of 402 Carr Lane, Espanola, NM 87532

Points of Interest in Espanola, NM

Showing the Espanola area map.

Nearby Schools

  • Fairview Elementary School

    Elementary · 0.9 mi away

  • Carlos F. Vigil Middle School

    Elementary · 1.4 mi away

  • Espanola Valley High School

    Secondary · 1.6 mi away

  • Espanola Public Schools

    School · 1.8 mi away

  • McCurdy Ministries

    School · 1.8 mi away

  • McCurdy Charter School

    School · 1.8 mi away

  • James Rodriguez Elementary

    Elementary · 1.9 mi away

  • Espanola Public Schools

    School · 1.9 mi away

  • McCurdy Mission School

    School · 1.9 mi away

  • Holy Cross Catholic School

    School · 2.0 mi away

  • Espanola Public School District

    School · 2.2 mi away

  • Ohkay Owingeh Housing Authority

    Elementary · 2.5 mi away

  • San Juan Elementary School

    Elementary · 2.7 mi away

  • Camino de Paz School

    Secondary · 2.9 mi away

  • Sombrillo Elementary School

    Elementary · 3.1 mi away

  • Santa Clara Day School

    School · 3.4 mi away

  • Kha'p'o Community School

    Elementary · 3.4 mi away

  • Trio School

    School · 3.9 mi away

  • Hernandez Elementary School

    Elementary · 3.9 mi away

  • Arroyo Seco Head Start - Santa Fe County

    Elementary · 5.9 mi away

Commute Calculator

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EXIT Agents in Espanola

Listing Courtesy: Real Estate Advisors, LLC - 5055393200

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Data provided by CommercialAssociationOfRealtorsOfNewMexico. MLS® Listing#202504857. © 2026EXIT Realty®. All rights reserved.