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4210 N Lovington Hwy
Hobbs, NM 88240
Plaza Hobbs · Land For Sale · 4.29 AC

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INVESTMENT HIGHLIGHTS

  • Phase 2: +-4.291 gross acres with shared parking and drive aisles
  • Shared pylon signage along N. Lovington Highway
  • Over 80,000 residents within a 30 minute drive of this site
  • Multiple access points
  • Excellent traffic count: 23,967 vehicles per day

EXECUTIVE SUMMARY

Plaza Hobbs is a multi-parcel project (+- 8.74 acres) at the southeast corner of N. Lovington Highway and the newly established Magnolia Drive. Texas Roadhouse is the anchor. They have experienced a stellar grand opening and a continued trend of top sales and service performance into 2024. Pad 2 has been sold to Blake’s Lotaburger, a regional hamburger chain, with development plans targeted
for 2025.
Ingress/egress is shared along N. Lovington Highway and Magnolia Drive.
A multi-user pylon sign is positioned along N. Lovington Highway and this is shared by the users of the project. Phase II is ±4.291 acres which shares parking and drive aisles with the entire project – see highlighted plat.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 4.29 AC
Zoning Commercial - City of Hobbs

1 LOT AVAILABLE

Lot

Price $3,129,653 CAD
Price Per AC $729,522.78 CAD
Lot Size 4.29 AC
  • Listing ID: 33801684

  • Date on Market: 2024-11-08

  • Last Updated:

  • Address: 4210 N Lovington Hwy, Hobbs, NM 88240

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