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Hobbs, NM NNN Properties for Sale

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Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX
Multi-Tenant Retail Center with NNN
Updated: Apr 10
Multi-Tenant Retail Center with NNN

1701 W Joe Harvey Blvd, Hobbs, NM 88240

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21,391 sqft 1.72 AC lot
21,391‑SF multi‑tenant retail center in Hobbs, NM
100% occupied with credit tenants; 93% of gross leasable area is triple‑net leased
Built in 2013 and located on 1.72 acres
On Joe Harvey Blvd near the intersection with N Lovington Hwy
Across the street from Walmart Supercenter and Lowe’s Home Improvement
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7-Eleven Gas Station Investment
Updated: Aug 12
7-Eleven Gas Station Investment

1115 S Dal Paso St, Hobbs, NM 88240

$2,447,273
7‑Eleven lease extended through 2041
10% rent increases scheduled every 5 years under the 7‑Eleven lease
Nipa Hut signed a new five‑year lease at $7.17 PSF
Both tenants reimburse their pro‑rata shares of taxes, insurance, repairs, and maintenance
Near Highway 62 and Highway 18, which combine for 20,000+ vehicles per day
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Absolute NNN Restaurant Lease
Absolute NNN Restaurant Lease

1005 Joe Harvey Blvd, Hobbs, NM 88240

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Absolute NNN Church’s Chicken offered with a 20-year lease and zero landlord responsibilities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Industrial Property
NNN Industrial Property

12301 W COUNTY RD 100, Odessa, TX 79765

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2,800 sqft 1.92 AC lot

A 2014-built facility serves industrial operations in the Permian Basin.

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Single-Tenant FleetPride Warehouse
Single-Tenant FleetPride Warehouse

2001 N 1st Street, Artesia, NM 88210

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10,000 sqft 0.93 AC lot

Industrial facility with warehouse space, yard area, and access along U.S. Highway 285.

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Corner Storefront Property
Corner Storefront Property

1807 E 87th St, Odessa, TX 79765

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3,500 sqft

Two-suite storefront property offering NNN lease structure with a five-year minimum lease term.

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Artesia Industrial Property Sale-Leaseback Opportunity
Artesia Industrial Property Sale-Leaseback Opportunity

11351 Lovington Hwy, Artesia, NM 88210

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14,500 sqft 1.71 AC lot

Industrial property in Artesia, NM, with a sale-leaseback opportunity.

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Hobbs, NM Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Hobbs, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 21,391 square feet of properties for sale, with an estimated market value of $2,447,273.

Sale prices for triple net lease properties in Hobbs, NM average $2,447,273 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 50K
Population Growth (5Y) +4.5%
Median Household Income $69,020
College Educated 12.0%

Taxes & Financing

Tax Rate (average for all types) 2.68%
Property Tax per SF $10.31 per SF
Tax Rate vs County Average 0.11 pp below county avg
Average Loan-to-Value 65.0%

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