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Versatile Office/Warehouse on Expansive Land
For Lease
$25.26 SF/Yr

1606 E Nadine Rd Hobbs NM 88240, Hobbs, NM 88240

3,800 SF of Industrial Space Available in Hobbs, NM 88240

Space SizeContact for details
Days on Market586

Property Features for 1606 E Nadine Rd Hobbs NM 88240

General Information

Standard status Active
Property type Warehouses, Other industrial properties, Industrial live-work properties, Industrial properties, Mixed-use properties
Elevators N/A
Rate Type Yearly

Building Details

Year Built 2010
Listing Agency:
Listed By: John
Added: Jan 13, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 3,800-square-foot office and warehouse property is located in Hobbs, New Mexico, on a 4.5-acre lot. The property features a 1,300-square-foot office area with four private offices. The warehouse includes two 14-foot-tall drive-in doors. A fenced and rocked yard enhances security and functionality. The property is approximately 3.5 miles south of the South Bypass and 0.5 miles east of South Eunice Highway/NM-18, across from RanchView RV park. The property is suited for a variety of industrial uses, particularly oilfield service companies seeking a satellite facility.

Property Analytics

Current Use

Industrial properties

Lease Details

NNN (Triple Net)
Lease Type
$3.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 3,800 SF of Industrial Space Available in Hobbs, NM 88240
Where is this warehouse located?
The property is located at 1606 E Nadine Rd Hobbs NM 88240 Hobbs, NM.
What is the lease rate?
The lease rate is $25.26 SF/Yr.
More about this property
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