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Hobbs Marketplace 3601 N Grimes St
1,680 - 6,720 SF of Retail Space Available in Hobbs, NM 88240
Highlights
- High traffic area
- New construction
- Retail corridor
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,680 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 201 | 1,680 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 301 | 1,680 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 401 | 1,680 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 101
White box space is ready for a new tenant Space includes one bathroom, mop sink and utility room
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- Near several established retailers
- High Traffic Counts
1st Floor, Ste 201
White box space is ready for a new tenant Space includes one bathroom, mop sink and utility room
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- Near several established retailers
- High Traffic Counts
1st Floor, Ste 301
White box space is ready for a new tenant Space includes one bathroom, mop sink and utility room
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- Near several established retailers
- High Traffic Counts
1st Floor, Ste 401
White box space is ready for a new tenant Space includes one bathroom, mop sink and utility room
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- Near several established retailers
- High Traffic Counts
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 3601 N Grimes St , Hobbs, NM 88240
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Construction |
| Gross Leasable Area | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,000 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
Unlock the potential of your new business with these 5 prime retail suites, each offering approximately ±1,680 square feet. Nestled in a high-traffic area near the bustling intersection of Grimes St and Joe Harvey Blvd, this space provides unparalleled visibility and access. Located near major retailers and popular spots like Permian GM, Home Depot, Walgreens, and The UPS Store, your business will thrive in this vibrant community. Don’t miss out on this exceptional opportunity!
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Presented by
Hobbs Marketplace | 3601 N Grimes St
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