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Storefront Flex Warehouse Property
For Lease
$5,000/Mo

1151 W Marland, Hobbs, NM 88240

Includes a storefront for retail inventory, a second building for office/work or living quarters, plus a bay storage building.

Space SizeContact for details
Lot Size2.79 Acres
Days on Market578

Property Features for 1151 W Marland

General Information

Standard status Active
Lot size 2.79 Acres
Listing Agency: United Realty, LLC - Hobbs
Listed By: Rodney L Davis · License #0821386
Source: Exprealty
Added: Mar 24, 2025 Changed: Oct 4 Last Checked: Oct 21 at 2:41AM

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 United Realty, LLC - Hobbs

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Investment Insights

Based on property information with market context.

This for-rent flex warehouse property features a storefront with room for inventory, along with a second building that can be used as living quarters or additional work space/inventory. A separate storage building with bays provides further space for goods and equipment.

Set on a 2.79-acre lot at 1151 W Marland in Hobbs, the property is positioned for customers in a high-traffic commercial setting. The combination of storefront presence, flexible interior space, and bay storage supports a range of day-to-day operating needs.

With multiple buildings and distinct storage capability, the layout is designed to accommodate both customer-facing retail activity and back-of-house storage or work uses.

Key Highlights

  • Commercial property for rent with a storefront space for retail inventory
  • Second building offers office/work space or potential living quarters
  • Storage building with bays for additional storage

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Skin Care Clinic Law Firm Furniture & Home Goods Nail Salon Grocery & Convenience Store HVAC Service

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

281
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Mis Amigos DLS Ltd. Co. — 719 S Houston St, Hobbs, NM 88240
  • KTM Catering & Desserts — 124 E Broadway St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Flex space - Includes a storefront for retail inventory, a second building for office/work or living quarters, plus a bay storage building.
Where is this flex space located?
The property is located at 1151 W Marland Hobbs, NM.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Commercial property for rent with a storefront space for retail inventory; Second building offers office/work space or potential living quarters; Storage building with bays for additional storage
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