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    Hobbs, NM Restaurants for Sale

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    Monument, NM Seminole, TX Lovington, NM
    Hobbs Retail/Restaurant with Drive-Thru
    $2,300,000
    2,585 SF

    Hobbs Retail/Restaurant with Drive-Thru

    1615 W Millen Drive, Hobbs, NM 88240

    2585 SF retail/restaurant on 7.61 acres with drive-thru.

    • Prime commercial property in Hobbs North developing business district.
    • Large 7.61‑acre lot with 6.475 acres available for future development.
    • 2585 sqft retail/restaurant building with drive‑thru window.
    • Large parking lot.
    • Centrally located with quick access to business strips and the new hospital region.
    Updated: Mar 26
    View details
    NN Leased Restaurant Investment Opportunity
    $2,053,333
    3,622 SF

    NN Leased Restaurant Investment Opportunity

    3619 NW County Rd, Hobbs, NM

    NN leased restaurant with attractive rental escalations and renewal options.

    • 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.
    Updated: Mar 4, 2025
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    Starbucks Investment Opportunity in Hobbs
    $1,750,000
    1,752 SF

    Starbucks Investment Opportunity in Hobbs

    NN Lease Starbucks with drive-thru in Hobbs, NM for sale.

    1824 Joe Harvey Blvd, Hobbs, NM 88240
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 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.

    Versatile Building Near Main Street
    $725,000
    8,826 SF

    Versatile Building Near Main Street

    Adaptable commercial building suitable for retail, restaurant, or office use.

    1213 NW 1st Place, Andrews, TX 79714
    View details
    Seminole Land with Commercial Kitchen
    $2,800,000
    6,000 SF

    Seminole Land with Commercial Kitchen

    20-acre land parcel with a commercial kitchen and showroom.

    768 W US Hwy 62-180, Seminole, TX 79360
    View details
    Versatile Commercial Building Near Main
    $725,000
    8,826 SF

    Versatile Commercial Building Near Main

    8800+ sqft building suitable for retail, restaurant, or office.

    1213 NW 1st Place, Andrews, TX 79714
    View details
    Highway Frontage Business Opportunity
    $1,950,000
    6,000 SF

    Highway Frontage Business Opportunity

    Business opportunity with highway frontage, commercial kitchen, and living spaces.

    1845 Us Hwy 62-180W, Seminole, TX 79360
    View details

    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.

    Commercial Land in Andrews, TX
    $250,000
    0.55 Acres

    Commercial Land in Andrews, TX

    Corner lot with high visibility, suitable for drive-through business.

    E Broadway, Andrews, TX 79714
    View details
    Retail Zoned Land in Brownfield
    $98,000
    5.00 Acres

    Retail Zoned Land in Brownfield

    5 acres with high traffic near downtown Brownfield, Texas.

    N/A Old Lamesa Road, Brownfield, TX 79316
    View details
    Prime Commercial Lot in Midland
    $308,750
    3.25 Acres

    Prime Commercial Lot in Midland

    3.25-acre commercial lot in Midland's growing corridor.

    1609 S County Rd 1102, Midland, TX 79706
    View details
    Prime Commercial Lot in Midland
    $308,750
    3.25 Acres

    Prime Commercial Lot in Midland

    3.25 acre commercial lot in growing Midland corridor.

    1517 S County Rd 1102, Midland, TX 79706
    View details

    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
    16,400 SF
    Value Estimation by Request

    3920 Lovington Hwy, Hobbs, NM 88240

    View details
    400 Turner St
    Restaurants
    4,400 SF
    Value Estimation by Request

    400 Turner St, Hobbs, NM 88240

    View details
    1701 Joe Harvey Blvd
    Restaurants
    21,333 SF
    Value Estimation by Request

    1701 Joe Harvey Blvd, Hobbs, NM 88240

    View details
    604 Broadway St
    Restaurants
    Value Estimation by Request

    604 Broadway St, Hobbs, NM 88240

    View details
    1824 Joe Harvey Blvd
    Restaurants
    1,752 SF Lot: 0.55 Acres

    1824 Joe Harvey Blvd, Hobbs, NM 88240

    View details
    3619 County Rd
    Restaurants
    3,622 SF Lot: 1.45 Acres

    3619 County Rd, Hobbs, NM 88240

    View details
    3601 Grimes St
    Restaurants
    1,600 SF Lot: 1.30 Acres

    3601 Grimes St, Hobbs, NM 88240

    View details
    1005 Joe Harvey Blvd
    Restaurants
    2,400 SF Lot: 0.85 Acres
    Value Estimation by Request

    1005 Joe Harvey Blvd, Hobbs, NM 88240

    View details

    Hobbs, NM Restaurants Investment Opportunities Market Analysis

    Explore 11 restaurants for sale in Hobbs, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,959 square feet of properties for sale, with an estimated market value of $6,103,333.

    Sale prices for restaurant properties in Hobbs, NM start at $1,750,000, averaging $2,034,444, and reaching up to $2,300,000 — 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

    Coffee shops 1
    Conventional restaurants 1
    Drive through 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 median 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 sq ft
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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