Hobbs acreage - up to 6.41+- acres next to Texas Roadhouse

Vacant Land for Lease
Catylist Listing ID: 30721189
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 0.93 - 6.41 Acres
Lease Rate: $84,000 - 150,000 (Annual)
$2.07 - 3.70 PSF (Annual)
Base Monthly Rent: $7,000 - 12,500
Lease Types: Ground Lease, Absolute NNN
Last Updated: 4/20/2021

Overview / Comments

New development along N. Lovington Hwy with Texas Roadhouse.
Texas Roadhouse is open!
.932+- acre pad available with frontage along N. Lovington.
Plus a 1.19+- acre pad available with frontage along N. Lovington.
Join the success of Texas Roadhouse in Hobbs!

Phase II is a 4.291+- acre parcel at rear of property. Visible from N.Lovington.
Cross access with highway access point and the new Magnolia Street.

Signalized intersection is planned for N. Lovington at Magnolia Street.

Additional Details

Nearest MSA: Hobbs
County: Lea
Tax ID/APN: 4000403710001
Property Visibility: Excellent
Traffic/Vehicle Count: 20,540

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,708 27,923 37,600
Median Age: 40.31 33.16 31.94
Households: 1,136 10,105 13,342
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