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Pad Site on Lovington Hwy 5100 Lovington Hwy

0.41 Acres of Commercial Land for Lease in Hobbs, NM 88240

Highlights

  • On Lovington Hwy (State 18)
  • Pad ready
  • Just north of Covenant Hospital

Lot Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 0.41 AC

Discover a prime ±18,000 SF pad site on Lovington Hwy in Hobbs, NM, strategically located near Covenant Hospital, Lea County Event Center, Zia Park Casino, and a variety of restaurants and hotels. This high-traffic area offers excellent visibility and accessibility, making it an ideal location for retail, dining, or service-oriented businesses. Don't miss the opportunity to establish your presence in this thriving community!  Hobbs, NM, is a growing city with a population of approximately 50,000 residents, characterized by a diverse community and a growing economy primarily driven by the oil and gas industry. The city boasts a youthful demographic, with a median age of around 31 years, making it an attractive market for businesses targeting families and young professionals. Hobbs also features a variety of educational institutions, recreational facilities, and cultural events, contributing to its appeal as a great place to live and work.

*NM Broker Owned

Property Overview

Pad site located on Lovington Hwy near the Millen Dr. City utilities on site and joint access agreements in place This pad site sits in front of a retail development expected to break ground in Spring of 2025

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Restaurant
  • Storefront, Retail or Office
  • Listing ID: 34202772

  • Date on Market: 2024-12-14

  • Last Updated:

  • Address: 5100 Lovington Hwy, Hobbs, NM 88240

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