This Retail Property is no longer advertised on LoopNet.com.
903-1015 E Bender Blvd
Hobbs, NM 88240
Bel Aire Shopping Center · Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- 90% Occupied | 50% of the Gross Leasable Area has Triple-Net Leases
- Anchored by Big Lots and Family Dollar | Both Tenants Recently Extended Their Lease Terms for Five Years
- Priced at $59 per Square Foot | Significantly Below Replacement Cost
- Significant Upside Potential in Filling the Vacant Space and Converting All Leases to Triple-Net
- 57% of the Gross Leasable Area has National Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
74,146 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
6.29 AC
Parking
500 Spaces (6.74 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
Parcel Number | 4980611162445 | Improvements Assessment | $586,227 |
Land Assessment | $51,560 | Total Assessment | $637,787 |
Listing ID: 21037973
Date on Market: 9/23/2020
Last Updated:
Address: 903-1015 E Bender Blvd, Hobbs, NM 88240
The Retail Property at 903-1015 E Bender Blvd, Hobbs, NM 88240 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.