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Flex Space with Commercial Yard
For Lease
$6,000/Mo

129 S Grimes St, Hobbs, NM 88240

Combined shop, yard, and office accommodations support varied commercial operations.

Property Size5,500 SF
Days on Market268

Property Features for 129 S Grimes St

General Information

Standard status Active
Size 5,500 SF

Space & Availability

Space Use Office
Meeting Rooms 1

Additional Details

Outdoor Storage Yes
Listing Agency: Rivas Real Estate Team Co.
Listed By: Leeroy Rivas · License #50945
Source: Exprealty
Added: Nov 7, 2025 Changed: Jul 31 Last Checked: Jul 31 at 6:19PM

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 Rivas Real Estate Team Co.

Investment Insights

Based on property information with market context.

This 5,500-square-foot flex space combines a large commercial yard, shop area, and professional office accommodations. The yard supports equipment, fleet vehicles, or outdoor storage, while the shop includes multiple bay doors for convenient access and operations.

The office component includes a dedicated conference room and individual private offices, creating a functional setting for staff, meetings, and client interactions. Located at 129 S Grimes St in Hobbs, NM, the property offers a combined commercial layout with outdoor storage capacity, shop access, and administrative space.

Key Highlights

  • 5,500‑square‑foot flex space with yard, shop, and office components
  • Large commercial yard for equipment, fleet vehicles, or outdoor storage
  • Shop area equipped with multiple bay doors

Property Analytics

Current Use

Harpole Construction Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Nail Salon Skin Care Clinic Furniture & Home Goods

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
$1.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Mama E's Food Truck & Catering — 1113 S Grimes St, Hobbs, NM 88240
  • KTM Catering & Desserts — 124 E Broadway St, Hobbs, NM 88240
  • Mis Amigos DLS Ltd. Co. — 719 S Houston St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Flex space - Combined shop, yard, and office accommodations support varied commercial operations.
Where is this flex space located?
The property is located at 129 S Grimes St Hobbs, NM.
What is the lease rate?
The lease rate is $6,000 /Mo.
What are key features of this property?
This property features: 5,500‑square‑foot flex space with yard, shop, and office components; Large commercial yard for equipment, fleet vehicles, or outdoor storage; Shop area equipped with multiple bay doors
More about this property
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