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Retail and Office Suite

3421 N GRIMES ST, Hobbs, NM 88240

For Lease
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Part of a multi-tenant commercial plaza along North Grimes Street in Hobbs.

Space Size2,872 SF
Days on Market44

Property Features for 3421 N GRIMES ST

General Information

Standard status Active
Size 2,872 SF
Net Rentable 2,872 SF
Property subtype Retail, Office

Space & Availability

Available Space 2,872 SF
Contiguous Space 2,872 SF

Lease Terms

Lease Rate $5,865 /MO
Monthly Rent $5,865
Rent per SF/Year $24

Building Details

Year Built 2012
Tenancy Multi

Spaces For Lease

at 3421 N GRIMES ST
Space 1 Active
Size 2,872 SF
Contact us
Listing Agency: Permian Real Estate
Listed By: Erin Anderson · License NM #19757
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 10 at 6:29AM

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 Permian Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2,872-square-foot suite combines retail and office space within a multi-tenant commercial plaza. The property was built in 2012 and is located on North Grimes Street in Hobbs, New Mexico.

Key Highlights

  • 2,872 SF of retail and office space
  • Located in a multi‑tenant commercial plaza
  • Built in 2012

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Undergrounds Coffee Co. Cafe & Coffee Shop Truly Bedazzled Clothing & Fashion Store Verizon Electronics & Wireless Store Tru Beauty Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage Law Firm Kitchen & Bath Showroom HVAC Service Home Appliance Store Veterinary 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
121k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Home Improvements & Furnishings 28% Shops & Services 12% Hotels & Casinos 4%
The Home Depot Home Improvements & Furnishings
32,053 visits/mo 0.3 miles
Church's Chicken Dining
16,241 visits/mo 0.2 miles
Applebee's Dining
12,606 visits/mo 0.5 miles
Cotton Patch Cafe Dining
12,266 visits/mo 0.2 miles
Buffalo Wild Wings Dining
9,970 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Part of a multi-tenant commercial plaza along North Grimes Street in Hobbs.
Where is this mixed-use property located?
The property is located at 3421 N GRIMES ST Hobbs, NM.
What are key features of this property?
This property features: 2,872 SF of retail and office space; Located in a multi‑tenant commercial plaza; Built in 2012
(575) 694-4717 Call to check price and availability
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