Multi-Tenant Retail Center with
For Sale
Contact for pricing
1701 W Joe Harvey Blvd, Hobbs, NM 88240
Multi-tenant retail center built in 2013 with 93% of gross leasable area under triple-net leases.
Property Size21,391 SF
Lot Size1.72 Acres
Days on Market136
Property Features for 1701 W Joe Harvey Blvd
General Information
Standard status
Active
Size
21,391 SF
Lot size
1.72 Acres
Property subtype
Retail, Land
Occupancy
100%
Building Details
Year Built
2013
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 10:33PM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The Pointe at Joe Harvey is a 21,391-square-foot multi-tenant retail center in Hobbs, New Mexico. The property is 100% occupied, and 93% of the gross leasable area is covered by triple-net leases. Tenants include Papa John’s Pizza, Rue21, Hibbett Sporting Goods, Sports Clips, Cricket Wireless, and U.S. Army Corps of Engineers. The center was constructed in 2013 and is situated on 1.72 acres.
The property is located on Joe Harvey Boulevard near the intersection with North Lovington Highway. Walmart Supercenter is across the road to the west, and Lowe’s Home Improvement is across the road to the east.
As part of the surrounding retail environment, the area includes numerous national and regional tenants such as Chili’s Grill & Bar, Discount Tire, The Home Depot, Schlotzsky’s, Sprint, Taco Bell, GameStop, CATO, Petsense, Rosa’s Café, IHOP, Quality Inn & Suites, Holiday Inn Express, Eagle 9 – Allen Theaters, La Quinta Inn, Applebee’s, and Buffalo Wild Wings.
The property is located on Joe Harvey Boulevard near the intersection with North Lovington Highway. Walmart Supercenter is across the road to the west, and Lowe’s Home Improvement is across the road to the east.
As part of the surrounding retail environment, the area includes numerous national and regional tenants such as Chili’s Grill & Bar, Discount Tire, The Home Depot, Schlotzsky’s, Sprint, Taco Bell, GameStop, CATO, Petsense, Rosa’s Café, IHOP, Quality Inn & Suites, Holiday Inn Express, Eagle 9 – Allen Theaters, La Quinta Inn, Applebee’s, and Buffalo Wild Wings.
Key Highlights
- 21,391‑SF multi‑tenant retail center in Hobbs, NM
- 100% occupied with credit tenants; 93% of gross leasable area is triple‑net leased
- Built in 2013 and located on 1.72 acres
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
402k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Superstores 25%
Shops & Services 7%
Home Improvements & Furnishings 6%
Walmart
Superstores
101,349 visits/mo
0.4 miles
McDonald's
Dining
35,300 visits/mo
0.4 miles
Rosa's Cafe
Dining
33,291 visits/mo
0.3 miles
Starbucks
Dining
24,054 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
22,051 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center built in 2013 with 93% of gross leasable area under triple-net leases.
Where is this shopping center located?
The property is located at 1701 W Joe Harvey Blvd Hobbs, NM.
What are key features of this property?
This property features: 21,391‑SF multi‑tenant retail center in Hobbs, NM; 100% occupied with credit tenants; 93% of gross leasable area is triple‑net leased; Built in 2013 and located on 1.72 acres
