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Brand-New Retail/Office Strip Center
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228 E Navajo Drive, Hobbs, NM 88240

Newly built strip center with retail and office suites for sale on E Navajo Drive.

Property Size2,622 SF
Price / SF$2.29
Days on Market54

Property Features for 228 E Navajo Drive

General Information

Standard status Active
Size 2,622 SF
Property subtype Retail, Office

Building Details

Year Built 2018
Listing Agency: United Realty, LLC - Hobbs
Listed By: Rodney Davis · License #0821386
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 6 at 1:40PM

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

Investment Insights

Based on property information with market context.

This brand-new construction strip center is designed to support both retail and office use, offering flexible space types within a single, modern property. The available configuration is aimed at businesses that need a storefront-style environment paired with professional office functionality, with finishes described as “gorgeous” by the seller.

The property is located at 228 E Navajo Drive in Hobbs, New Mexico. Public remarks highlight a high-traffic setting with strong visibility, positioning the center for uses that benefit from customers and walk-in exposure.

For prospective tenants and buyers, this center can be an efficient fit if you’re looking for new, ready-to-place retail/office space in one cohesive asset. The mix of retail and office product types may support a variety of operators, including service-oriented businesses that want both public-facing presence and back-office space. As with any purchase, prospective users should confirm the specific suite availability, configuration details, and any applicable building requirements for their intended use.

Key Highlights

  • Newly built strip center with retail and office suites for sale on E Navajo Drive
  • Built in 2018
  • Located in a high‑traffic area on Navajo with visibility

Property Analytics

Current Use

Meca Therapies llc Training Center Lulu & Co. Clothing & Fashion Store Zia Gun’s Gun Shop Zia Guns, LLC Gun Shop Navajo East Plaza Shopping Center & Mall

Suggested Use

Top Pick Law Firm Restaurant Building Supply Kitchen & Bath Showroom Dental Office Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Newly built strip center with retail and office suites for sale on E Navajo Drive.
Where is this strip mall located?
The property is located at 228 E Navajo Drive Hobbs, NM.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Newly built strip center with retail and office suites for sale on E Navajo Drive; Built in 2018; Located in a high‑traffic area on Navajo with visibility
(575) 942-9170 Call to check price and availability
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