
402 Carr Lane, Espanola, NM 87532
Rio Arriba County
Key Facts
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
Water Source
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
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
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Moving Cost Estimate
EXIT Agents in Espanola
Listing Courtesy: Real Estate Advisors, LLC - 5055393200











