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Retail Space
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1500 Joe Harvey Blvd, Hobbs, NM 88240

Retail space built in 2019 in Hobbs, New Mexico, suited for neighborhood and regional-serving uses.

Days on Market8

Property Features for 1500 Joe Harvey Blvd

General Information

Standard status Active
Property subtype Retail

Building Details

Building Size 3,509 SF
Year Built 2019
Listing Agency: Western States Commercial Real Estate
Listed By: MICHAEL RENEAU · License #NM 19679
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 29 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 Western States Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail space was built in 2019 and is positioned for businesses seeking a modern setting in Hobbs. With a relatively recent build date, the property can support a range of retail and service tenants looking to serve local and regional demand.

Hobbs is a prominent regional commercial center in southeastern New Mexico, serving residents, businesses, and visitors throughout Lea County and nearby West Texas. The city’s daytime workforce is strongly supported by the energy industry, supporting steady demand for retail, dining, lodging, healthcare, and professional services. The area also features an established concentration of national retailers and restaurants along its primary commercial corridors.

The property is located at 1500 Joe Harvey Blvd in Hobbs, NM 88240, offering an address-based platform for retail and service operations aligned with the area’s established commercial demand.

Key Highlights

  • Built in 2019
  • Retail space at 1500 Joe Harvey Blvd, Hobbs, NM 88240
  • Hobbs serves Lea County and nearby West Texas as a regional commercial center

Property Analytics

Current Use

Domino's Pizza Take-out & Catering Motto Clear Aligners Dental Office Aspen Dental - Hobbs, ... Dental Office Dr. Kimberly Zheng Dental Office Zales (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Hair Salon Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic

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

517
Businesses Nearby
299k
Monthly Visits Nearby

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

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

What type of property is this?
Retail space - Retail space built in 2019 in Hobbs, New Mexico, suited for neighborhood and regional-serving uses.
Where is this retail space located?
The property is located at 1500 Joe Harvey Blvd Hobbs, NM.
What are key features of this property?
This property features: Built in 2019; Retail space at 1500 Joe Harvey Blvd, Hobbs, NM 88240; Hobbs serves Lea County and nearby West Texas as a regional commercial center
(505) 273-7169 Call to check price and availability
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