1901 W Joe Harvey Blvd | Hobbs, NM 88240
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- LoopNet Team
1901 W Joe Harvey Blvd
Hobbs, NM 88240
AT&T Strip · Retail Property For Sale
Investment Highlights
- Top 7% Walmart – Walmart Supercenter sits directly across the street and currently ranks in the 93rd percentile.
- Recent Construction – Subject property was constructed less than 10 years ago in 2015.
- Championship Golf Course – Hobbs boasts the Rockwind Community Links, featuring a championship 18-hole course, a 9-hole par-3 course.
- Favorable Rental Increases – All 3 tenants have rental increases of either 10% every 5 years or 2.5% annually.
- Massive Growth Market – Since 2010, the population within 1 to 3 miles has jumped from 14.2% to 20.5%, and more growth is expected ahead.
- National Tenant Mix – This property houses R. Greenleaf, a leading cannabis retailer in New Mexico whose lease is guaranteed by Schwazze
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,249 SF
Building Class
C
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.09 AC
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 4950122100043 | Improvements Assessment | $202,146 |
| Land Assessment | $156,090 | Total Assessment | $358,236 |
PROPERTY TAXES
Parcel Number
4950122100043
Land Assessment
$156,090
Improvements Assessment
$202,146
Total Assessment
$358,236
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