Hobbs Pavillion Shopping
For Sale
Contact for pricing
1901 Joe Harvey Blvd, Hobbs, NM 88240
Retail-oriented shopping center with an established capitalization profile.
Property Size5,249 SF
Days on Market142
Property Features for 1901 Joe Harvey Blvd
General Information
Standard status
Active
Size
5,249 SF
Property subtype
Retail
Additional Details
Cap Rate
7.75%
Listing Agency:
Matthews
Listed By:
Conrad Sarreal · License #CA 01982875
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:15PM
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 Matthews
Investment Insights
Based on property information with market context.
Hobbs Pavillion is a 5,249-square-foot shopping center located at 1901 Joe Harvey Blvd in Hobbs, New Mexico. The property is presented with a 7.75% capitalization rate and a retail-focused classification, offering a concise profile for commercial ownership review.
Key Highlights
- 5,249 SF shopping center
- 7.75% CAP rate
- 1901 Joe Harvey Blvd, Hobbs, NM 88240
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
362k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Superstores 28%
Shops & Services 8%
Home Improvements & Furnishings 6%
Walmart
Superstores
101,349 visits/mo
0.3 miles
McDonald's
Dining
35,300 visits/mo
0.2 miles
Rosa's Cafe
Dining
33,291 visits/mo
0.1 miles
Starbucks
Dining
24,054 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
22,051 visits/mo
0.3 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 - Retail-oriented shopping center with an established capitalization profile.
Where is this shopping center located?
The property is located at 1901 Joe Harvey Blvd Hobbs, NM.
What are key features of this property?
This property features: 5,249 SF shopping center; 7.75% CAP rate; 1901 Joe Harvey Blvd, Hobbs, NM 88240
