Coffee shop

Hobbs, NM Coffee Shops for Sale

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

1824 Joe Harvey Blvd, Hobbs, NM 88240

$1,750,000
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Retail Lot in Midland, TX
Retail Lot in Midland, TX

1905 S Lamesa Rd, Midland, TX 79701

$150,000
0.19 AC lot

Retail-zoned corner lot suitable for various business ventures.

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

3838 Andrews Hwy, Odessa, TX

$1,750,000
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

$1,642,000
510 sqft · 0.46 AC lot

New construction NNN ground lease near major retailers and schools.

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New 7 Brew Drive-Thru
New 7 Brew Drive-Thru

2201 W Texas Ave, Midland, TX

$1,991,700
510 sqft · 0.50 AC lot

New construction 7 Brew drive-thru with a long-term NNN lease.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Corner Lot in Midland
Prime Corner Lot in Midland

Midland Dr, Midland, TX 79703

$425,000
19,471 sqft · 0.45 AC lot

Vacant 0.447-acre corner lot near Alamo Jr. High.

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Vacant Corner Lot in Midland
Vacant Corner Lot in Midland

N Midland Dr, Midland, TX 79703

$425,000
0.45 AC lot

0.447 acre corner lot zoned O1 in Midland, TX.

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Neighborhood Retail Land with Coffee Shop
Neighborhood Retail Land with Coffee Shop

5001 Buffalo Gap Road, Abilene, TX 79606

$1,300,000
1.85 AC lot

Zoned Neighborhood Retail with frontage on Buffalo Gap Road, plus an on-site coffee shop structure sold as land value.

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Cleared Commercial Land Site
Cleared Commercial Land Site

TBD 1.29 AC Highway 83-84, Abilene, TX 79602

$296,500
1.29 AC lot

City-limits commercial lot with cleared pad and dual access via FM 707 and Hwy 83-84.

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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, with an estimated market value of $1,750,000.

Sale prices for Сoffee kiosks in Hobbs, NM start at $1,750,000, averaging $1,750,000, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1
Drive through restaurants 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88240 $1.8M

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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