Coffee shop

Hobbs, NM Coffee Shops for Sale

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Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
Starbucks Investment Opportunity in Hobbs
Updated: Sep 12, 2023
Starbucks Investment Opportunity in Hobbs

1824 Joe Harvey Blvd, Hobbs, NM 88240

Contact for pricing
1,752 sqft
Corporately guaranteed lease by Starbucks Corporation (S&P: A-)
New ten (10) year NN Lease with 6.75 years remaining and four 5‑year renewal options.
Located on West Joe Harvey Boulevard (13,707 VPD) near N. Lovington Highway (20,590 VPD) offering high visibility.
Strong demographics: 5‑mile population exceeds 49,770 and 1‑mile average household income exceeds $110,542.
Includes a drive‑thru.**
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Storefront with Dual Entrances
Storefront with Dual Entrances

108 N Main St, Winters, TX 79567

$80,000
1,290 sqft

The building includes a rear retail area and was most recently used for coffee shop booth rentals.

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Retail Building with Dual Entrances
Retail Building with Dual Entrances

108 N Main Street, Winters, TX 79567

$80,000
0.06 AC lot

Historic commercial space with central HVAC, public utilities, and on-street parking in a compact downtown setting.

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New Drive-Thru Investment Opportunity
New Drive-Thru Investment Opportunity

3838 Andrews Hwy, Odessa, TX

Contact for pricing
510 sqft 0.53 AC lot

New construction drive-thru coffee shop with long-term NNN lease.

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New Drive-Thru Investment Opportunity
New Drive-Thru Investment Opportunity

4001 N Grandview Ave, Odessa, TX

Contact for pricing
510 sqft 0.46 AC lot

New construction NNN ground lease near major retailers and schools.

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Hobbs, NM Coffee Shops Market Trends and Statistics

Explore 1 coffee shops for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 1,752 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Drive through restaurants 2
Coffee shops 1

Demographics Overview

Population 50K
Population Growth (5Y) +4.5%
Median Household Income $69,020
College Educated 12.0%

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $10.31 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

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