Brand New Turn Key Restaurant in Thriving Area

Retail-Commercial for Sale
Catylist Listing ID: 30396199
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 2,997 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/26/2020

Overview / Comments

.85 Acres located on Joe Harvey Blvd, the main arterial in Hobbs with surrounding national co-tenancy

Turn-Key Fully Equipped Restaurant ┬▒2,997 SF building, all FF&E included, with
excellent freestanding signage

Great Exposure 13,790 VPD on Joe Harvey Blvd. with ample parking

Trade area has a strong mix of retail, hotel and high daytime population

Hobbs is 7 miles from Texas/New Mexico border and serves numerous surrounding communities

High income trade area with HH Income over $77,000 in Lee County

Additional Details

Nearest MSA: Hobbs
County: Lea
Tax ID/APN: 4960112113543

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,378 32,195 38,977
Median Age: 35.77 32.42 31.83
Households: 2,933 11,599 13,776


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