Plaza Hobbs - Pad Site 1

Vacant Land for Lease
Catylist Listing ID: 30450183
Property Subtypes: Retail-Pad
Gross Land Area: 1.19 Acres
Lease Rate: $84,000 (Annual)
$1.62 PSF (Annual)
Base Monthly Rent: $7,000
Lease Types: Ground Lease, NNN, Absolute NNN
Adjacent Parcels Available: Yes
Last Updated: 7/21/2021

Overview / Comments

1.19+- acre pad (Lot 3) available for build-to-suit or ground lease in Hobbs' premier retail development located along this key retail corridor.

Note: Texas Roadhouse construction is completed!
Restaurant opens November 16, 2020!

- Over 20,000 VPD along N. Lovington Hwy.
- Approx. 594 feet of frontage along N. Lovington Hwy. (Project frontage)
- Lot 3 has 147+- frontage feet along N.Lovington Hwy.
- Located at signalized intersection (proposed)
- Multiple access points
- Building and monument signage available

Four acres available for sale, ground lease, or build to suit behind the front row of pads. Contact Steve for details.

Attachments & Media

Additional Details

Nearest MSA: Hobbs
County: Lea
Tax ID/APN: 4000407080001
Property Visibility: Excellent
Largest Nearby Street: N. Lovington Hwy.
Feet of Frontage: 594
Traffic/Vehicle Count: 20,590
Highway Access: Located along N. Lovington Highway

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Demographic Statistics

Proximity: 5 miles
Total Population: 4,521
Median Age: 33.83
Households: 1,025


Photograph of Listing Agent

Anthony W Johnson

Pegasus Group LLC CARNM CIE Member
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