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4204 N Lovington Hwy
Hobbs, NM 88240
Tidal Wave Auto Spa · Specialty Property For Sale · 3,600 SF

INVESTMENT HIGHLIGHTS

  • 20-Year Triple-Net Lease: At closing the tenant will execute a brand new 20-year absolute triple-net lease.
  • Attractive Rental Increases: The lease will feature 2.00% annual rental increases
  • Corporate Guaranty: The lease will carry a corporate guaranty from New Potato Creek Holdings, the corporate entity for Tidal Wave Auto Spa.
  • The lease will have no landlord responsibilities.

PROPERTY FACTS

Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.19 AC
Construction Status Under Construction
Building Size 3,600 SF
No. Stories 1
Year Built 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4000421090001
Land Assessment
$267,501
Improvements Assessment
$0
Total Assessment
$267,501
  • Listing ID: 30687901

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 4204 N Lovington Hwy, Hobbs, NM 88240

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