Hobbs, NM Storefront Properties for Lease
- Seminole, TX
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Hobbs, NM Storefront properties Lease Rates & Market Statistics
Explore 2 Storefront properties for lease in Hobbs, NM on Realmo, a commercial real estate exchange covering the Hobbs area. The current inventory totals 28,000 square feet of properties.
Asking lease rates for Storefront properties in Hobbs start at $7.50 SF/Yr, average $7.50 SF/Yr, and reach $7.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $7.50 SF/Yr, the local average runs 70% below New Mexico's state average of $25.08 SF/Yr.
Hobbs accounts for 100% of the 2 storefront properties currently available across Lea County. Storefront properties are one of the more limited space types in Hobbs, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.