Hobbs, NM Property For Sale and Lease

Outparcel in front of the Home Depot

At the hard corner of Joe Harvey Blvd. and Grimes St. with exposure to over 12,000 VPD

Nearby retailers include Home Depot, Anytime Fitness, Walgreen's, Church's Chicken, Firehouse Subs, Applebee's, Lowe's and Walmart

1 acre to 4 acres available for build-to-suit or ground lease in Hobbs' premier retail development located along this key retail corridor.

The 1 to 4 acres is behind the front line of pads. Owner/developer is negotiable to work with qualified users on a ground lease, build to suit or sale on these 4+- acres.

- Over 20,000 VPD along N. Lovington Hwy.

- Approx. 594 feet of frontage along N. Lovington Hwy.

- Located at signalized intersection (proposed)

- Multiple access points

- Building and monument signage available

Texas Roadhouse - new construction opens November 16, 2020 within this project!

1.19+- acre pad (Lot 3) available for build-to-suit or ground lease in Hobbs' premier retail development located along this key retail corridor.

Note: Texas Roadhouse construction is completed!

Restaurant opens November 16, 2020!

- Over 20,000 VPD along N. Lovington Hwy.

- Approx. 594 feet of frontage along N. Lovington Hwy. (Project frontage)

- Lot 3 has 147+- frontage feet along N.Lovington Hwy.

- Located at signalized intersection (proposed)

- Multiple access points

- Building and monument signage available

Four acres available for sale, ground lease, or build to suit behind the front row of pads. Contact Steve for details.

Outparcel building - to be constructed.

Multi-tenant building with end-cap drive through.

Part of future redevelopment project with Kmart.

A to be constructed three tenant pad building along N. Grimes.

End-cap drive through available.

Trade area has a strong mix of retail, hotel and high daytime population

Hobbs is 7 miles from the Texas/New Mexico border and serves numerous surrounding communities

High income trade area with over $77,000 in the county

Property is minutes from:

EnergyPlex Park (9,000 acres serving 25 industries and 5 airports)

Lee County Event Center, the 2nd largest in the state hosing ±50 events per month

Zia Park Casino, a 154 key hotel, horse race track, restaurants and Ocotillo Golf Course

NM Junior College with over 3,200 students and 250 full-time employees

Zia Park Casino which has a 154 room hotel, horse race track, restaurants and Ocotillo Golf Course

Up to +-10,000 SF of shop space available in Hobbs' newest retail development located along its key retail corridor:

- Over 20,000 VPD along N. Lovington Hwy.

- Approx. 594 feet of frontage along N. Lovington Hwy.

- Located at signalized intersection (proposed)

- Multiple access points

- Building and monument signage available

- Shadow anchored by Walmart Supercenter

20,000 SF of junior anchor space available in Hobbs' premier retail development located along its key retail corridor:

- Over 20,000 VPD along N. Lovington Hwy.

- Approx. 594 feet of frontage along N. Lovington Hwy.

- Located at signalized intersection (proposed)

- Multiple access points

- Building and monument signage available

This pre-engineered metal building consists of 34,960 total square feet. The components include 4,460 sf of office space, 6,900 sf of parts storage, 3,200 sf of receiving area with the remaining 20,400 sf built out as shop space.

The shop office area (1,260 sf) maintains access to the shop with several individual offices and two restrooms.

The parts storage area (6,900 sf) is generally open and unfinished but does maintain mezzanine level storage of approximately 1,600 sf that is not included in the overall square feet of the building. Air condition and heat are provided by suspended gas fire units. One two (2) ton crane and hoist services this area.

The receiving area (3,200 sf) is similar in finish to the parts storage and is serviced by one ten (10) ton crane and hoist.

The shop area (20,400 sf) maintains 16 bays with floor drains, plus automatic metal sectional overhead doors (16 X 16) that allow ingress/egress to each bay. A three (3) ton cap crane and two (2) five (5) ton cranes and hoist, plat a 2,000 lb cap crane serve this area. Ceiling height is 24 ft.

Two ancillary buildings also exist on this site. A small mechanical building of approximately 500 sf and a 5,000 sf dry storage building.

Adjacent land (4.05 acres) can be included in this sale for an additional $2.7 million dollars.

Walmart Anchored Shop Space For Lease

1,466 SF For Lease

Located in Dynamic High Growth Retail Corridor

Prominent Monument Signage

Area Businesses include Walmart, Starbucks, Lowe's, Home Depot, Walgreens, among others...

Contact:

Michael Butler

+1-505-730-8404 (mobile/text)

Michael@lockehouse.com

PROPERTY OVERVIEW

1014 Joe Harvey Road was built in 2016 for a Carls Jr. Franchisee. The property

is 3,000 SF and sits on 0.85 acres. The building has a double drive-through with

ample parking and a monument sign visible to Joe Harvey Rd. The entire of

the property includes a large seating area and a kitchen built out with hoods,

grease trap, sinks, coolers, etc. This property is ready for a new drive-through

operator.

LOCATION OVERVIEW

1014 Joe Harvey Road is a stand-alone drive-through building in the North side

of Hobbes, New Mexico. The property is flanked by Home Depot to the East and

Lowe’s to the west. The property is located on Joe Harvey Road which is a main

East-West thoroughfare in Hobbs. Hobbs, is located in the SE corner of New

Mexico in the Permian basin, New Mexico’s largest oil reserve. Because of the

high concentration of oil wells, Hobbs is home to many high-income earners.

6 Acres located in the industrial business park near N Lovington Hwy in Hobbs, NM featuring:

- Fully fenced yard

- Stabilized Caliche

- 5,030 SF Office

- 15,000 SF Warehouse

- Six 15’ X 12’ Roll-Up Doors

- Truck/Equipment Wash Bay

- 250A/3 Phase/208/120V Power

> Freestanding restaurant for sale or lease

> Centrally located on a major retail arterial

> Existing drive thru opportunity

> Abundant complimentary food uses in close proximity

> Excellent visibility with frontage on Bender Blvd

> Exclusive pylon signage

Corner lot in light industrial area, warehouse and office