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Denny’s NNN Restaurant Property

5114 N Lovington Hwy, Hobbs, NM 88240

For Sale
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The property is leased on an absolute NNN basis, with nearly seven years remaining.

Property Size4,367 SF
Lot Size0.82 Acres
Price / SF$533.63
Days on Market48

Property Features for 5114 N Lovington Hwy

General Information

Standard status Active
Size 4,367 SF
Lot size 0.82 Acres
Property subtype Retail

Additional Details

Tenant in Place Yes

Building Details

Year Built 2011
Listing Agency: Retail Investment Group LLC
Listed By: Steven Davis · License AZ BR101032000
Source: Crexi
Added: Sep 24 Changed: Nov 10 Last Checked: Nov 10 at 2:16PM

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 Retail Investment Group LLC

Rey
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Investment Insights

Based on property information with market context.

A 4,367-square-foot Denny’s restaurant in Hobbs, New Mexico, was built in 2011 and occupies an approximately 0.82-acre parcel. The property is offered with an absolute NNN lease and nearly seven years remaining.

Key Highlights

  • Absolute NNN lease with nearly 7 years remaining
  • 4,367‑square‑foot restaurant building
  • ±0.82‑acre lot

Property Analytics

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

Current Use

Denny's Restaurant The Burger Den Restaurant The Meltdown Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Repair Shop Kitchen & Bath Showroom Nail Salon Home Appliance Store

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

226
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Hotels & Casinos 12% Dining 1%
Phillips 66 Shops & Services
11,245 visits/mo 0.2 miles
Allsups Shops & Services
8,011 visits/mo 0.1 miles
Hampton Inn & Suites Hotels & Casinos
1,244 visits/mo 0.3 miles
WoodSpring Suites Hobbs Hotels & Casinos
785 visits/mo 0.2 miles
Hawthorn Suites by Wyndham Hotels & Casinos
602 visits/mo 0.0 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
View Realmo Analytics

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?
NNN property - The property is leased on an absolute NNN basis, with nearly seven years remaining.
Where is this nnn property located?
The property is located at 5114 N Lovington Hwy Hobbs, NM.
What is the asking price?
The asking price for this property is $2,330,370.
What are key features of this property?
This property features: Absolute NNN lease with nearly 7 years remaining; 4,367‑square‑foot restaurant building; ±0.82‑acre lot
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