2011 West Bender Blvd

Industrial for Sale
Sale Pending
Catylist Listing ID: 30717621
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Truck Terminal, Warehouse/Distribution
Status: Pending
Building Size (RSF): 34,960 SF
Gross Building Area: See Agent
Gross Land Area: 6.62 - 10.04 Acres
Sale Price: $2,450,000 - 2,700,000
Unit Price: $70.08 - 77.23 PSF
Office SF: 4,460 SF
Drive In Bays: 17 Bays
Property Use Type: Vacant/Owner-User
Building Name: 2011 W Bender Blvd
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

This pre-engineered metal building consists of 34,960 total square feet. The components include 4,460 sf of office space, 6,900 sf of parts storage, 3,200 sf of receiving area with the remaining 20,400 sf built out as shop space.

The shop office area (1,260 sf) maintains access to the shop with several individual offices and two restrooms.

The parts storage area (6,900 sf) is generally open and unfinished but does maintain mezzanine level storage of approximately 1,600 sf that is not included in the overall square feet of the building. Air condition and heat are provided by suspended gas fire units. One two (2) ton crane and hoist services this area.

The receiving area (3,200 sf) is similar in finish to the parts storage and is serviced by one ten (10) ton crane and hoist.

The shop area (20,400 sf) maintains 16 bays with floor drains, plus automatic metal sectional overhead doors (16 X 16) that allow ingress/egress to each bay. A three (3) ton cap crane and two (2) five (5) ton cranes and hoist, plat a 2,000 lb cap crane serve this area. Ceiling height is 24 ft.

Two ancillary buildings also exist on this site. A small mechanical building of approximately 500 sf and a 5,000 sf dry storage building.

Adjacent land (4.05 acres) can be included in this sale for an additional $2.7 million dollars.

Attachments & Media

Additional Details

Nearest MSA: Hobbs
County: Lea
Taxing Authority: Lea County
Tax ID/APN: 4000064200001
Property Located Between: SEC of Bender Blvd and French Drive
Highway Access: Property is located South of W. Country Road, West of the Lovington Highway and Grimes Street, and North of the Carlsbad Highway.
Airports: Lea County Airport
Site Description: This 34,960 sf metal building + two ancillary buildings sit on this 6.62 acres with 125,000 sf of asphalt paved parking lot and drive paths. Adjacent land (4.05 acres) can be included in this sale for an additional price.
Area Description: Land uses within the neighborhood parameters consist largely of light industrial oil service related improvements, plus a limited number of commercial uses The immediate area has experienced new development, with an extensive amount of industrial growth along Bender Boulevard
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 34,960 SF
Property Condition: Good
Year Built: 1979
Roof Type: Other
Construction/Siding: Metal Siding
Exterior Description: Pre-engineer metal structure with "R" panel sheet metal exterior and pitched metal roof on a concrete slab.
Parking Type: Surface
Overhead Cranes: 2
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Evaporative Cooler
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,494 29,001 38,977
Median Age: 32.36 31.75 31.83
Households: 1,798 10,377 13,776


Photograph of Listing Agent

Barbara Cuoco

REA | Real Estate Advisors
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