NNN Retail
401 W Navajo Dr, Hobbs, NM 88240
For Sale
Contact for pricing
The offering is identified as an NNN property in Hobbs, New Mexico.
Property Size79,979 SF
Price / SF$193.61
Days on Market16
Property Features for 401 W Navajo Dr
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License NM SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 10 at 7:51AM
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 Cushman & Wakefield - Phoenix, Arizona
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Investment Insights
Based on property information with market context.
This retail property is presented as an NNN offering in Hobbs, New Mexico. The listing identifies the asset as a retail property and provides a capitalization rate of 6.50%.
The property is located at 401 W Navajo Dr in Hobbs, New Mexico. The stated building area is 79,979 square feet.
The property is located at 401 W Navajo Dr in Hobbs, New Mexico. The stated building area is 79,979 square feet.
Key Highlights
- 79,979 square feet of retail space
- 6.50% cap rate
- NNN property at 401 W Navajo Dr in Hobbs, New Mexico
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
82k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 59%
Dining 27%
Shops & Services 11%
Hotels & Casinos 2%
The Home Depot
Home Improvements & Furnishings
32,053 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,147 visits/mo
0.2 miles
Cotton Patch Cafe
Dining
12,266 visits/mo
0.5 miles
Firehouse Subs
Dining
9,605 visits/mo
0.3 miles
The UPS Store
Shops & Services
4,650 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
Frequently Asked Questions
What type of property is this?
NNN property - The offering is identified as an NNN property in Hobbs, New Mexico.
Where is this nnn property located?
The property is located at 401 W Navajo Dr Hobbs, NM.
What is the asking price?
The asking price for this property is $15,484,595.
What are key features of this property?
This property features: 79,979 square feet of retail space; 6.50% cap rate; NNN property at 401 W Navajo Dr in Hobbs, New Mexico
