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Storefront with Storage Bays

1151 W Marland Boul, Hobbs, NM 88240

For Lease
$5,000/Mo

The property includes a separate secondary building suited to living quarters or additional workspace and inventory.

Space SizeContact for details
Lot Size2.79 Acres
Days on Market9

Property Features for 1151 W Marland Boul

General Information

Standard status Active
Lot size 2.79 Acres

Amenities

second building
storage building with bays
No

Building Details

Year Built 1949
Listing Agency:
Listed By: Kasandra Geeslin
Source: Enchantedlands
Added: Oct 30 Changed: Nov 6 Last Checked: Nov 6 at 7:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kasandra Geeslin

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Investment Insights

Based on property information with market context.

Available for lease, this storefront property includes retail floor area suitable for inventory, along with a separate building that can serve as living quarters or additional workspace and storage. A third structure provides storage bays. The property was built in 1949 and occupies a 2.79-acre lot.

Located at 1151 W Marland Boul in Hobbs, New Mexico, the property is described as having a high-traffic location.

Key Highlights

  • 2.79‑acre lot
  • Separate building can serve as living quarters or added work and inventory space
  • Storage building includes bays

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Furniture & Home Goods Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
4,521 visits/mo 0.4 miles
Stripes Shops & Services
2,648 visits/mo 0.4 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Alberthia's Flowers — 207 S Cecil St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Storefront property - The property includes a separate secondary building suited to living quarters or additional workspace and inventory.
Where is this storefront property located?
The property is located at 1151 W Marland Boul Hobbs, NM.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 2.79‑acre lot; Separate building can serve as living quarters or added work and inventory space; Storage building includes bays
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