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    Property profile & analytics
    FOR LEASE
    Retail space

    3601 N Grimes St, Hobbs, NM 88240

    Built 2025
    Property ID
    US61-1254940
    Property summary
    AI-generated overview

    Prime Retail Space: Your Business's New Home Awaits! Elevate your brand with this stunning, never-before-occupied retail space boasting ±1,680 Sq ft of modern, adaptable design. Nestled in the heart of a thriving commercial district, your business will bask in the glow of high visibility and foot traffic. Step inside to discover a sleek, contemporary canvas awaiting your unique touch. With ±1,680 Sq ft of open space, your imagination is the only limit to crafting an unforgettable customer experience. Dedicated parking adds convenience for both shoppers and staff, ensuring effortless accessibility. Surrounded by a dynamic mix of shops and amenities, your business will thrive in this prime location. Don't miss this rare opportunity to secure your spot in the spotlight! Schedule a viewing today and let your entrepreneurial dreams take flight.

    Property profile
    Verified
    Property type Retail space
    Year built 2025
    UPID US61-1254940
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Perfume Hub Cosmetic Store
    • The UPS Store Courier Service Postal Service
    • The Paleta Bar Hobbs Grocery & Convenience Store Specialty Food Shop
    • La Carniceria Take-out & Catering Butcher
    • Shred Nations Recycling Center Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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