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For sale
Conventional restaurants
NM
Hobbs
3619 NW County Rd

NN Leased Restaurant Investment Opportunity

3619 NW County Rd, Hobbs, NM

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For Sale

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NN leased restaurant with attractive rental escalations and renewal options.

Type:RETAIL

Property size:

3,622 SF

Lot size:

1.91 Acres

Price / SF:

$566/SF

HighLights

Over 8 years remaining on initial 15‑year NN lease with attractive 10% rental escalations every 5 years.
Guaranteed by Best Choice Restaurants, a 63‑unit McAlister’s Deli operator and subsidiary of Sun Holdings, Inc.
Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants.
Located on a large ±1.45‑acre parcel on a signalized/hard corner with high traffic counts of 29,463 CPD.
Positioned in a dominant retail corridor adjacent to Walmart Supercenter, near Lowe’s & Home Depot.
Favorable Demographics: High Average Household Income (1‑MI): $180,889.

We can help!

Listing Contact

Brandon Beeson

For Sale

Contact for pricing

NN leased restaurant with attractive rental escalations and renewal options.

Type:RETAIL

Property size:

3,622 SF

Lot size:

1.91 Acres

Price / SF:

$566/SF

Added:: Mar 4, 2025
Days on Market:: 468
Last Refresh:: May 20 at 8:41 pm

Property Features for 3619 NW County Rd

General Information

Standard status: Active
Size: 3,622 SF
Lot size: 1.91 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Brandon Beeson

Listing agent Brandon Beeson License #TX 594592

Listing office Edge Realty Partners | Dallas

Listing date Mar 4, 2025

Source Moodyscre

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 Edge Realty Partners | Dallas

HighLights

Over 8 years remaining on initial 15‑year NN lease with attractive 10% rental escalations every 5 years.
Guaranteed by Best Choice Restaurants, a 63‑unit McAlister’s Deli operator and subsidiary of Sun Holdings, Inc.
Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants.
Located on a large ±1.45‑acre parcel on a signalized/hard corner with high traffic counts of 29,463 CPD.
Positioned in a dominant retail corridor adjacent to Walmart Supercenter, near Lowe’s & Home Depot.
Favorable Demographics: High Average Household Income (1‑MI): $180,889.

Overview

This property features over 8 years remaining on an initial 15-year NN lease, with 10% rental escalations every 5 years and three 5-year renewal options. The next 10% escalation is scheduled for January 1, 2029. The lease is guaranteed by Best Choice Restaurants, a 63-unit McAlister’s Deli operator and a subsidiary of Sun Holdings, Inc. The guarantor plans to open an additional 35 locations over the next 4 years in New Mexico, Texas, Florida, and Louisiana. Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S., operating over 1,500 restaurants with brand names such as Arby’s, Burger King, Cici’s, Golden Corral, Krispy Kreme, Papa John’s, Taco Bueno, GNC & T-Mobile. The property is positioned in a dominant retail corridor on a large ±1.45-acre parcel on a signalized hard corner of NW County Rd & N Lovington Hwy, with traffic counts of 29,463 CPD. It is adjacent to a Walmart Supercenter and near Lowe’s Home Improvement & Home Depot. The property size is 3,622 square feet. The total population within a 5-mile radius is 47,422. The average household income within a 1-mile radius is $180,889.

Property Profile Location Intelligence

Current Use by Public Records

McAlister's Deli Take-out & Catering

Suggested Use

Location Insight

Map
Local Demand

City: Hobbs
County: Lea
State: New Mexico
Longitude: -103.162
Latitude: 32.7394

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For sale
Conventional restaurants
NM
Hobbs
3619 NW County Rd

What type of property is this?

Conventional restaurant - NN leased restaurant with attractive rental escalations and renewal options.

Where is this conventional restaurant located?

The property is located at 3619 NW County Rd Hobbs, NM.

What is the asking price?

The asking price for this property is $2,053,333.

What are key features of this property?

This property features: Over 8 years remaining on initial 15‑year NN lease with attractive 10% rental escalations every 5 years.; Guaranteed by Best Choice Restaurants, a 63‑unit McAlister’s Deli operator and subsidiary of Sun Holdings, Inc.; Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants.

3619 NW County Rd, Hobbs, NM

NN leased restaurant with attractive rental escalations and renewal options.

Property Features for 3619 NW County Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Hobbs Retail/Restaurant with Drive-Thru

Multi-Office Medical Building

Flexible Office Building on Corner Lot

Commercial Property on Eunice Highway

Two Homes on 1.77 Acres

Fenced Commercial Property For Sale

Sunrise Apartments Multifamily Investment Opportunity

RV Park Investment Opportunity

Fenced Industrial Truck Yard

Event Venue with Spacious Barn

Commercial Property on Grimes Street

5-Acre Shop on Lovington Hwy

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