Property profile

835 Sunrise Cir Hobbs, NM 88240

OFF-MARKET
Office Spaces
14,000 SF Built 1980
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Property summary

AI-generated overview

Sunrise Circle Suites offers a unique opportunity to lease 4,400 square feet of newly renovated executive office space in Hobbs, New Mexico. Located at 835 W Sunrise Cir, this single-story building, constructed in 1980 and completely renovated in 2024, boasts a total of 14,000 square feet and five individual suites. The available space features two separate office entries, a large warehouse area ideal for storage or light manufacturing, and a secure parts cage for added security. Two overhead doors provide convenient access for loading and unloading. The high ceilings, measuring 16 feet, offer ample space and a bright, open feel. While there are no elevators, the single-story design ensures easy accessibility. The property is conveniently situated off North Grimes Street, offering excellent visibility and accessibility. The zoning for this property is not specified. This flexible space is perfect for a business requiring both office and warehouse functionality, providing a blend of modern amenities and practical storage solutions. This is a rare opportunity to secure a well-maintained, recently renovated space in a desirable location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office Spaces
Year built 1980
Total area 14,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

835 Sunrise Cir Hobbs, NM 88240
Hobbs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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