Santa Fe, NM Commercial Real Estate Market Overview: Key Trends & Insights
Santa Fe has 981,889 square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.
This overview provides a snapshot of the Santa Fe commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.
Commercial Space for Rent in Santa Fe, NM
Based on the latest estimates, Santa Fe, NM offers almost 100 commercial listings for lease, totaling about 981,889 square feet.
Current leasing options comprise 6 office listings, which represent approximately 50.00% out of the total leasing inventory.
There is also 1 industrial and warehouse listing, making up 8.33% of the total.
Additionally, 5 retail listings make up 41.67% of the local leasing market.
These types are supplemented by 3 listings for lease belonging to other commercial types.
Property type
No. of Listings
Total Sq. Ft.
Avg. Asking Rent
Office
6
28,315
N/A
Retail
5
106,756
N/A
Industrial
1
25,000
N/A
Other
3
903,613
N/A
Commercial Real Estate for Sale in Santa Fe, NM
As of 2026, Santa Fe, NM has a total of 26 commercial real estate properties for sale.
This inventory includes 1 office assets, 1 industrial facilities and 3 retail properties available for purchase.
The largest share is held by Retail, with 11.54% out of local properties for sale belonging to this asset type.
Office has the next largest share at 3.85%, while Industrial makes up 3.85% of commercial properties for sale in Santa Fe.
Property type
No. of Listings
Total Sq. Ft.
Office
1
28,315
Retail
3
106,756
Industrial
1
25,000
Other
21
4,208,729
Leading Commercial Real Estate Submarkets by Property Type in Santa Fe, NM
The leading commercial real estate submarkets for different property types in Santa Fe are:
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Office: Downtown Santa Fe with 9 office listings, totaling 13,038 square feet.
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Retail: Plaza del Sur with 3 retail listings, totaling 5,508 square feet.
1607 5th Street, Bishop Heights, Santa Fe, NM