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Brand New Commercial Plaza
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3420 N Grimes St, Hobbs, NM 88240

New commercial plaza with black metal facade, industrial-style glass frontage, and street-facing storefronts plus flexible flex units.

Space Size1,500 SF
Property Size12,000 SF
Days on Market147

Property Features for 3420 N Grimes St

General Information

Standard status Active
Size 1,500 SF
Class A
Total Parking Spaces 60
Property subtype Retail, Office, Special Purpose

Building Details

Building Size 12,000 SF
Year Built 2026
Tenancy Multiple

Spaces For Lease

at 3420 N Grimes St Contact us

SUITE 600

Size
1,500 SF
Availability
Active
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SUITE 700

Size
1,500 SF
Availability
Active
Contact us

SUITE 800

Size
1,500 SF
Availability
Active
Contact us

SUITE 900

Size
1,500 SF
Availability
Active
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SUITE 500

Size
1,500 SF
Availability
Active
Contact us

SUITE 1000

Size
1,500 SF
Availability
Active
Contact us

SUITE 1100

Size
1,500 SF
Availability
Active
Contact us

SUITE 1200

Size
1,500 SF
Availability
Active
Contact us
Listing Agency: Rivas Real Estate Team
Listed By: Leeroy Rivas · License #REC-2022-0571
Source: Crexi
Added: Apr 16 Changed: Sep 7 Last Checked: Sep 8 at 4:04AM

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

Investment Insights

Based on property information with market context.

Now leasing a brand new commercial plaza at 3420 N Grimes St in Hobbs, NM. The development features a striking black metal facade and expansive industrial-style glass frontage, presented as a modern, high-visibility destination.

The project offers versatile floor plans designed to accommodate a range of commercial uses, including retail storefront concepts, coffee shop-style setups, spa and aesthetics environments, and high-ceiling flex space. There are also street-facing storefront options intended for boutique retail.

Flex units include a functional grade-level garage, combining retail frontage with adaptable workspace. Leasing inquiries and private tours are available through Rivas Real Estate.

Key Highlights

  • Brand‑new commercial plaza (2026) built with a black metal facade and industrial‑style glass frontage
  • Street‑facing storefronts with retail‑ready frontage for boutique retail leasing
  • Flex units combine high‑end retail frontage with grade‑level garage access

Property Analytics

Current Use

Sarah Mackay Real ... Real Estate Agency Bloom Plaza Clothing & Fashion Store Bloom A Merle Norman ... Clothing & Fashion Store Darling Nails and Spa Nail Salon Rivas Real Estate ... Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Law Firm Kitchen & Bath Showroom Home Appliance Store Veterinary Clinic Daycare Center

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

461
Businesses Nearby
Under-served
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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - New commercial plaza with black metal facade, industrial-style glass frontage, and street-facing storefronts plus flexible flex units.
Where is this flex space located?
The property is located at 3420 N Grimes St Hobbs, NM.
What are key features of this property?
This property features: Brand‑new commercial plaza (2026) built with a black metal facade and industrial‑style glass frontage; Street‑facing storefronts with retail‑ready frontage for boutique retail leasing; Flex units combine high‑end retail frontage with grade‑level garage access
(575) 318-6228 Call to check price and availability
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