Absolute NNN Restaurant
For Sale
Contact for pricing
1005 Joe Harvey Blvd, Hobbs, NM 88240
Absolute NNN Church’s Chicken offered with a 20-year lease and zero landlord responsibilities.
Property SizeContact for details
Days on Market121
Property Features for 1005 Joe Harvey Blvd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(415) 513-0465
Listed By:
Robert Walker · License #CA 01954360
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 10:07PM
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 The Kase Group
Investment Insights
Based on property information with market context.
The Kase Group is pleased to present an absolute NNN Church’s Chicken in Hobbs, New Mexico. The location is described as brand new and is subject to a 20-year lease. The lease includes 7.5% increases every five years during the initial term and throughout the option terms. The offering is positioned as absolute NNN with zero landlord responsibilities.
The property is located at 1005 Joe Harvey Blvd, Hobbs, NM 88240, and is marketed with a strategically located setting among established retailers. Surrounding businesses referenced in the materials include Home Depot, Lowe’s, Walgreens, Buffalo Wild Wings, FedEx, IHOP, Discount Tire, Chili’s, and Walmart.
For buyers or brokers seeking a restaurant investment structured as absolute NNN with long-term lease coverage, this Church’s Chicken site provides a clearly defined tenant responsibility framework as presented in the offering summary.
The property is located at 1005 Joe Harvey Blvd, Hobbs, NM 88240, and is marketed with a strategically located setting among established retailers. Surrounding businesses referenced in the materials include Home Depot, Lowe’s, Walgreens, Buffalo Wild Wings, FedEx, IHOP, Discount Tire, Chili’s, and Walmart.
For buyers or brokers seeking a restaurant investment structured as absolute NNN with long-term lease coverage, this Church’s Chicken site provides a clearly defined tenant responsibility framework as presented in the offering summary.
Key Highlights
- Absolute NNN Church’s Chicken in Hobbs, New Mexico offered with a 20‑year lease.
- Lease structure includes 7.5% increases every 5 years in the initial term and during the option terms.
- Absolute NNN with zero landlord responsibilities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
299k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Home Improvements & Furnishings 18%
Shops & Services 10%
Apparel 6%
Rosa's Cafe
Dining
33,291 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
32,053 visits/mo
0.3 miles
Starbucks
Dining
24,054 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
22,051 visits/mo
0.2 miles
Murphy USA
Shops & Services
21,535 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN Church’s Chicken offered with a 20-year lease and zero landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 1005 Joe Harvey Blvd Hobbs, NM.
What are key features of this property?
This property features: Absolute NNN Church’s Chicken in Hobbs, New Mexico offered with a 20‑year lease.; Lease structure includes 7.5% increases every 5 years in the initial term and during the option terms.; Absolute NNN with zero landlord responsibilities.
