Plaza Hobbs - up to four acres available - Ground Lease or BTS

Vacant Land for Lease
Catylist Listing ID: 30450195
Property Subtypes: Industrial, Office, Retail, Retail-Pad
Gross Land Area: 1 - 4 Acres
Lease Rate: $45,000 - 150,000 (Annual)
$1.03 - 3.44 PSF (Annual)
Base Monthly Rent: $3,750 - 12,500
Lease Types: Ground Lease, NNN, Absolute NNN
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Last Updated: 9/3/2021

Overview / Comments

1 acre to 4 acres available for build-to-suit or ground lease in Hobbs' premier retail development located along this key retail corridor.

The 1 to 4 acres is behind the front line of pads. Owner/developer is negotiable to work with qualified users on a ground lease, build to suit or sale on these 4+- acres.

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

Texas Roadhouse - new construction opens November 16, 2020 within this project!

Attachments & Media

Additional Details

Nearest MSA: Hobbs
County: Lea
Taxing Authority: Lea County
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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