Retail – 2025 Q1 Market Review
Industry News | Quarterly Reports | Retail
Q1’25 Recap: Core Retail Remains a Hot Commodity, Investment Inventory Stacks
In national news, the winner of the trending topic of the quarter is…Tariffs! While not a subject of this quarter’s update, the potential ramifications of Tariffs on the retail landscape in Albuquerque are significant and directly impact the sales expectations of national, regional, and local businesses. Pending the stickiness of the new policies, I expect more significant shifts in the metrics reported here in the future.
Retail NNN rates have remained in the $17.84 - $18.42 range since data collection for this report began in April of ’24. This is primarily affected by the available inventory and not a larger force moving asking rates significantly in one direction or the other. In the Taylor Ranch, Ladera, Ventana, Cottonwood, and Paradise Hills trade area, rents have slightly ticked up over recent months. As of March ’25, the average asking NNN rate in these trade areas is $21.68, whereas the average for the Eastside of Albuquerque sits at $17.70 at the close of Q3.
Download Market Report: Q1 2025 Retail Market Report
The Land and Industrial Q4 market research and data is compiled by NAI SunVista commercial real estate land and industrial specialist, Ethan Melvin. Ethan advises industrial and logistics real estate owners and occupiers on leasing, acquisitions, and dispositions.
