For Lease
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Property summary
This exceptional commercial property, known as "The Point - Hobbs," offers 6,329 square feet of immediately available space within a larger 21,333 square foot building located at 1701 Joe Harvey Blvd, Hobbs, NM 88240. The building is situated in Lea County and boasts a prime location with high traffic volume, surrounded by established national retailers and restaurants, presenting significant business opportunities. The property is categorized as Retail, Office, and Restaurant space, with the available space specifically suited for Traditional Office, Creative Office, or Coworking uses. The building comprises a total of six suites, with the available space representing the largest contiguous area currently vacant. This flexible space is ideal for businesses seeking a prominent location in a thriving commercial area. The property's strategic placement ensures high visibility and accessibility for clients and employees alike. The 6,329 square feet offers a significant opportunity for businesses of various sizes to establish a strong presence in Hobbs, New Mexico.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store Fashion Accessories Store
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Restaurant
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Military Recruiting Office
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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