Retail Leasing

Retail spaces in Santa Fe vary from charming storefronts near the Plaza to modern units in shopping centers or mixed-use developments.

Typical Uses: Boutiques, galleries, salons, wellness studios, gift shops

Key Leasing Terms:

• NNN (Triple Net) leases are common: tenant pays base rent plus taxes, insurance, and maintenance.

• Visibility and foot traffic are crucial—expect higher rates in tourism-heavy corridors.

• Tenant Improvements (TI): Negotiable. Landlords may offer TI allowances to help build out the space.

Example:

A jewelry boutique leasing a 1,200 SF space on Canyon Road may pay $32/SF NNN annually, with additional costs for upkeep and shared outdoor space. Lease negotiations may include signage approval and co-tenancy clauses.

Available Retail Leases

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Commercial Lease

$1,500

901 W San Mateo Rd # C, Santa Fe

600 Building SqFt 1.96 Lot Acres Commercial Lease MLS® # 202504252

Commercial Lease

$18

2505 Cerrillos Road, Santa Fe

8,096 Building SqFt 0.82 Lot Acres Commercial Lease MLS® # 202503688

Commercial Lease

$3,000

↑ $783

150 N St Francis # A, Santa Fe

1,900 Building SqFt 0.55 Lot Acres Commercial Lease MLS® # 202503822

Commercial Lease

$2,000

150 N St Francis Drive # B, Santa Fe

1,100 Building SqFt 0.55 Lot Acres Commercial Lease MLS® # 202503819

Commercial Lease

$5,477

N/A, Santa Fe

4,108 Building SqFt 6.48 Lot Acres Commercial Lease MLS® # 202503588

Commercial Lease

$2,843

↓ $500

500 Market St # 109, Santa Fe

1,337 Building SqFt 0.56 Lot Acres Commercial Lease MLS® # 202502348

Commercial Lease

$2,600

↓ $200

122 Park Avenue, Santa Fe

1,055 Building SqFt 0.12 Lot Acres Commercial Lease MLS® # 202501604

Commercial Lease

$8,967

↑ $217

150 N St Francis Drive, Santa Fe

7,500 Building SqFt 0.55 Lot Acres Commercial Lease MLS® # 202500354

Commercial Lease

$3,967

150 N St Francis Drive # C, Santa Fe

3,400 Building SqFt 0.55 Lot Acres Commercial Lease MLS® # 202500357

Commercial Lease

$4,787

↑ $4,778

1714 St. Michael's Drive # 1714, Santa Fe

5,255 Building SqFt 4.90 Lot Acres Commercial Lease MLS® # 202231804

Commercial Lease

$0

135 Palace # Suites 201-a, 300, Santa Fe

21,561 Building SqFt 0.26 Lot Acres Commercial Lease MLS® # 201904546

Commercial Lease

$5,629

510 N Guadalupe # Suite C1, Santa Fe

3,860 Building SqFt 2.30 Lot Acres Commercial Lease MLS® # 202231833

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