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Large-Format Shopping Center Space
For Lease
$7.50 SF/Yr CAM $1.65 /USD/SF/YR

903 E Bender Blvd, Hobbs, NM 88240

C-2-zoned retail space offers on-site parking and access near a signalized intersection.

Space Size28,000 SF
Property Size74,146 SF
Lot Size6.29 Acres
Days on Market146

Property Features for 903 E Bender Blvd

General Information

Standard status Active
Size 28,000 SF
Net Rentable 28,000 SF
Lot size 6.29 Acres
Property subtype Retail
Zoning C-2
Lease Type NNN

Space & Availability

Available Space 28,000 SF
Contiguous Space 28,000 SF
Space Use Retail

Lease Terms

Lease Rate $7.50 /USD/SF/YR
Monthly Rent $17,500
Rent per SF/Year $7.50
CAM $1.65 /USD/SF/YR

Additional Details

Anchor Co-Tenants Family Dollar, Verizon, Tokyo Japanese Steak House, Elite Nails, Watermill Express, Erika Becerra Lashes

Building Details

Year Built 1959
Building Size 74,146 SF
Tenancy Multi

Spaces For Lease

at 903 E Bender Blvd Contact us

Available Space $7.50/Mo

Contact us
Listing Agency: Allen Sigmon Real Estate Group
Listed By: Sergio Castillo · License #52567
Source: Carnm.resimplifi
Added: Apr 6 Changed: Aug 29 Last Checked: Aug 29 at 7:01PM

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 Allen Sigmon Real Estate Group

Investment Insights

Based on property information with market context.

Approximately 28,000 square feet of retail space is available within Bel Aire Shopping Center, a 74,146-square-foot center on 6.29 acres. The space was formerly occupied by Big Lots and is part of a center constructed in 1959. C-2 zoning supports a broad range of retail uses, while on-site parking serves the property.

The center fronts East Bender Boulevard and sits near the signalized intersection with North Dal Paso Street, identified as one of Hobbs’ busiest commercial corridors. Existing occupants include Family Dollar, Verizon, Tokyo Japanese Steak House, Elite Nails, Watermill Express, and Erika Becerra Lashes. Hobbs functions as a retail hub for southeastern New Mexico, serving approximately 125,000 residents within a 55-mile radius.

Key Highlights

  • ±28,000 SF retail space available within Bel Aire Shopping Center
  • ±74,146 SF shopping center situated on 6.29 acres
  • C‑2 zoning supports a wide variety of retail uses

Property Analytics

Current Use

Watermill Express Big Box & Wholesale Store Bel Aire Shopping ... Shopping Center & Mall Big Lots Discount Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Auto Parts 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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
73k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Superstores 23% Dining 21% Electronics 5%
Big Lots Superstores
16,828 visits/mo 0.1 miles
SONIC Drive In Dining
15,171 visits/mo 0.1 miles
Dollar General Shops & Services
9,663 visits/mo 0.4 miles
Family Dollar Shops & Services
7,216 visits/mo 0.1 miles
Exxon Shops & Services
6,252 visits/mo 0.1 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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - C-2-zoned retail space offers on-site parking and access near a signalized intersection.
Where is this shopping center located?
The property is located at 903 E Bender Blvd Hobbs, NM.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: ±28,000 SF retail space available within Bel Aire Shopping Center; ±74,146 SF shopping center situated on 6.29 acres; C‑2 zoning supports a wide variety of retail uses
More about this property
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