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Hobbs, NM

Retail

Hobbs, NM Retail Properties & Spaces 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.

Updated: Jun 16

Brand-New Retail/Office Strip Center

228 E Navajo Drive, Hobbs, NM 88240

Contact for pricing

2,622 sqft

Newly built strip center with retail and office suites for sale on E Navajo Drive
Built in 2018
Located in a high‑traffic area on Navajo with visibility

Fenced Commercial Property For Sale

Fenced Commercial Property For Sale

400 W Apache, Hobbs, NM 88240

Contact for pricing

1,900 sqft 4.00 AC lot

Versatile commercial property with office and shop/storage building.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Prime Retail Space in Hobbs

Prime Retail Space in Hobbs

118 N Turner Street, Hobbs, NM 88240

$600,000

9,000 sqft

9000 sq ft retail space in Hobbs' central business district.

Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 4 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

Remodeled Commercial Building with Storage

Remodeled Commercial Building with Storage

116 N Main, Denver City, TX 79323

$175,000

6,000 sqft 0.16 AC lot

Recently remodeled building with offices, one bathroom, and storage, supported by new electrical, plumbing, and HVAC.

Prime Corner Lot in Seminole

Prime Corner Lot in Seminole

300 W Ave A, Seminole, TX 79360

$499,000

0.34 AC lot

Ready for occupancy, central location, ample parking, easy access.

Remodeled Commercial Building

Remodeled Commercial Building

N, Denver City, TX 79323

$175,000

6,000 sqft 0.16 AC lot

Fully remodeled building with offices, bathroom, storage, and updated systems for flexible retail or service use.

Fenced Acreage with Shops and Stable

Fenced Acreage with Shops and Stable

1191 Hwy 62-180 W, Seminole, TX 79360

$1,000,000

10.00 AC lot

10-acre fenced property with highway frontage, irrigated ground, two water wells, shops, and horse stabling.

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 on US Hwy

Commercial Land on US Hwy

TBD Lot1 N US Hwy 385, Seminole, TX 79360

$195,000

3.00 AC lot

3-acre commercial lot with high visibility and highway frontage.

Commercial Land on US Hwy

Commercial Land on US Hwy

TBD Lot2 N US Hwy 385, Seminole, TX 79360

$195,000

3.00 AC lot

3-acre commercial lot with high visibility on US Hwy 385.

Commercial Land on Highway 385N

Commercial Land on Highway 385N

611&615 Hwy 385N, Seminole, TX 79360

$525,000

6.00 AC lot

6 acres of commercial land for sale near Seminole, TX.

Commercial Land in Andrews, TX

Commercial Land in Andrews, TX

1000 NE 1st Place, Andrews, TX 79714

$360,000

1.46 AC lot

1.46 acre commercial land suitable for business or restaurant.

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.

2801 Dal Paso St

Retail properties & Spaces

2801 Dal Paso St, Hobbs, NM 88240

Value Estimation by Request

1.00 AC lot

Retail properties & Spaces

508 Dalmont St, Hobbs, NM 88240

Value Estimation by Request

3920 Lovington Hwy

Restaurants

3920 Lovington Hwy, Hobbs, NM 88240

Value Estimation by Request

16,400 sqft

4100 Lovington Hwy

Land

4100 Lovington Hwy, Hobbs, NM 88240

Value Estimation by Request

109 Dal Paso St

Individual retail properties

109 Dal Paso St, Hobbs, NM 88240

Value Estimation by Request

Retail properties & Spaces

112 Taylor St, Hobbs, NM 88240

Value Estimation by Request

Office Spaces

236 Navajo Dr, Hobbs, NM 88240

Value Estimation by Request

311 Broadway St

Retail properties & Spaces

311 Broadway St, Hobbs, NM 88240

Value Estimation by Request

5,000 sqft

Retail properties & Spaces

3420 Grimes St, Hobbs, NM 88240

Value Estimation by Request

2126 Marland Blvd

Industrial properties

2126 Marland Blvd, Hobbs, NM 88240

Value Estimation by Request

2,282 sqft

Restaurants

400 Turner St, Hobbs, NM 88240

Value Estimation by Request

4,400 sqft

Retail properties & Spaces

118 Turner St, Hobbs, NM 88240

Value Estimation by Request

1701 Joe Harvey Blvd

Restaurants

1701 Joe Harvey Blvd, Hobbs, NM 88240

Value Estimation by Request

21,333 sqft

604 Broadway St

Restaurants

604 Broadway St, Hobbs, NM 88240

Value Estimation by Request

109 Dal Paso St

Distribution properties

109 Dal Paso St, Hobbs, NM 88240

Value Estimation by Request

1824 Joe Harvey Blvd

Restaurants

1824 Joe Harvey Blvd, Hobbs, NM 88240

Value Estimation by Request

1,752 sqft 0.55 AC lot

Restaurants

3619 County Rd, Hobbs, NM 88240

Value Estimation by Request

3,622 sqft 1.45 AC lot

Retail properties & Spaces

810 Walker Dr, Hobbs, NM 88240

Value Estimation by Request

Individual retail properties

0 Central Ave, Hobbs, NM 88240

Value Estimation by Request

1.21 AC lot

Restaurants

3601 Grimes St, Hobbs, NM 88240

Value Estimation by Request

1,600 sqft 1.30 AC lot

Hobbs, NM Retail Properties & Spaces Market Trends and Statistics

Explore 25 retail properties & spaces for sale in Hobbs, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,622 square feet of properties for sale, with an estimated market value of $2,653,333.

Sale prices for stores in Hobbs, NM start at $600,000, averaging $1,326,666, 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

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
88242	$310K
88240	$807.9K

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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