Hobbs, NM 88240

Family Dollar

Property Address

319 N Marland Blvd, Hobbs, NM, USA

Offering Summary

  • Price: $1,430,500
  • Lot Size: 1.2 Acres
  • Cap Rate: 6.85%
  • Year Built: 2019
  • Building SF: 9,180
  • Status: Available
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  • New 10-Year Corporate Guaranteed Lease
  • 5% Rental Increases Each 5 Year Option Period
  • 39,325 Residents within a 5-Mile Radius - Growing Hobbs Trade Area
  • Population and Households Projected to Increase 5%+ in Surrounding Area by 2024
  • Average Household Income Exceeds $71K within a 5-Mile Radius
  • Excellent Visibility Along Marland Boulevard (Hwy 62), Hobb’s Main Thoroughfare - 14,500+ Cars/Day at the Intersection of Marland Boulevard and Snyder Street
  • Limited Local Retail Competition
  • Down the Road from Hobb High School (1,920+ Students)

Broker Information