Property profile

3601 N Grimes St Hobbs, NM 88240

FOR LEASE
Retail space
Property ID
US61-1254940
Built 2025
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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

Current use

Occupant on record · Public records
  • Cosmetic Store
  • Courier Service Postal Service
  • Grocery & Convenience Store Specialty Food Shop
  • Take-out & Catering Butcher
  • Recycling Center Waste Management Facility

Location

3601 N Grimes St Hobbs, NM 88240
Hobbs metro
Google Maps

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

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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