Restaurants

Hobbs, NM Restaurants for Sale

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Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX
NN Leased Restaurant Investment Opportunity
Updated: Mar 4, 2025
NN Leased Restaurant Investment Opportunity

3619 NW County Rd, Hobbs, NM

$2,053,333
3,622 sqft 1.91 AC lot
Over 8 years remaining on initial 15‑year NN lease with attractive 10% rental escalations every 5 years.
Guaranteed by Best Choice Restaurants, a 63‑unit McAlister’s Deli operator and subsidiary of Sun Holdings, Inc.
Sun Holdings, Inc. is the 3rd largest franchisee company in the U.S. operating over 1,500 restaurants.
Located on a large ±1.45‑acre parcel on a signalized/hard corner with high traffic counts of 29,463 CPD.
Positioned in a dominant retail corridor adjacent to Walmart Supercenter, near Lowe’s & Home Depot.
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Starbucks Investment Opportunity in Hobbs
Updated: Sep 12, 2023
Starbucks Investment Opportunity in Hobbs

1824 Joe Harvey Blvd, Hobbs, NM 88240

$1,750,000
1,752 sqft
Corporately guaranteed lease by Starbucks Corporation (S&P: A-)
New ten (10) year NN Lease with 6.75 years remaining and four 5‑year renewal options.
Located on West Joe Harvey Boulevard (13,707 VPD) near N. Lovington Highway (20,590 VPD) offering high visibility.
Strong demographics: 5‑mile population exceeds 49,770 and 1‑mile average household income exceeds $110,542.
Includes a drive‑thru.
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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Lamesa Restaurant Opportunity For Sale
Lamesa Restaurant Opportunity For Sale

La Mesa, TX 79331

$175,000
2,432 sqft 0.16 AC lot

Well-maintained restaurant in Lamesa, TX, move-in ready with equipment.

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Seminole, TX Restaurant Building
Seminole, TX Restaurant Building

601 N Main St, Seminole, TX 79360

$1,000,000
2,901 sqft

Restaurant building for sale in Seminole's commercial corridor.

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Remodeled Restaurant with Equipment
Remodeled Restaurant with Equipment

La Mesa, TX 79331

$175,000
2,432 sqft

Move-in ready restaurant offering updated systems and included on-site equipment.

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Seminole Restaurant Opportunity on Main
Seminole Restaurant Opportunity on Main

607 South Main Street, Seminole, TX 79360

$999,900

Well-maintained restaurant with high visibility in Seminole, Texas.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Land with Highway Frontage
Retail-Zoned Land with Highway Frontage

Old Lamesa Road, Brownfield, TX 79316

$98,000
5.00 AC lot

Retail-zoned, brownfield site with strong access and extensive Old Lamesa Hwy frontage for future commercial development.

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Unrestricted Land Near Future Intersection
Unrestricted Land Near Future Intersection

9311 W County Rd 60, Midland, TX 79706

$199,000
1.37 AC lot

1.37 acre tract near upcoming development in Midland, TX.

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Odessa, TX Land Site
Odessa, TX Land Site

8155 E 56th St, Odessa, TX 79765

$1,506,131
1.93 AC lot

1.93 acre land site suitable for various commercial uses.

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Prime Commercial Land on Highway
Prime Commercial Land on Highway

13611 Hwy 191, Odessa, TX 79765

$1,290,000
1.28 AC lot

High-traffic commercial land near Cinergy Theater and Bass Pro.

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Off-Market Properties in Hobbs, NM

Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3920 Lovington Hwy
Restaurants

3920 Lovington Hwy, Hobbs, NM 88240

Value Estimation by Request
16,400 sqft
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400 Turner St
Restaurants

400 Turner St, Hobbs, NM 88240

Value Estimation by Request
4,400 sqft
View details
1701 Joe Harvey Blvd
Restaurants

1701 Joe Harvey Blvd, Hobbs, NM 88240

Value Estimation by Request
21,333 sqft
View details
604 Broadway St
Restaurants

604 Broadway St, Hobbs, NM 88240

Value Estimation by Request
View details
1824 Joe Harvey Blvd
Restaurants

1824 Joe Harvey Blvd, Hobbs, NM 88240

Value Estimation by Request
1,752 sqft 0.55 AC lot
View details
3619 County Rd
Restaurants

3619 County Rd, Hobbs, NM 88240

Value Estimation by Request
3,622 sqft 1.45 AC lot
View details
3601 Grimes St
Restaurants

3601 Grimes St, Hobbs, NM 88240

Value Estimation by Request
1,600 sqft 1.30 AC lot
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1005 Joe Harvey Blvd
Restaurants

1005 Joe Harvey Blvd, Hobbs, NM 88240

Value Estimation by Request
2,400 sqft 0.85 AC lot
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Hobbs, NM Restaurants Market Trends and Statistics

Explore 10 restaurants for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 5,374 square feet of properties for sale, with an estimated market value of $3,803,333.

Sale prices for restaurant properties in Hobbs, NM start at $1,750,000, averaging $1,901,666, and reaching up to $2,053,333 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88240 $2M

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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