Hobbs, NM Strip Malls for Lease
Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Hobbs, NM
Hobbs, NM Strip malls Lease Rates & Market Statistics
Explore 2 Strip malls for lease in Hobbs, NM on Realmo, a commercial real estate exchange covering the Hobbs area. The current inventory totals 31,000 square feet of properties.
Asking lease rates for Strip malls 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 34% below New Mexico's state average of $11.43 SF/Yr.
Hobbs accounts for 100% of the 2 strip malls currently available across Lea County. Strip malls are one of the more limited space types in Hobbs, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.
