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32388294
32388293

2110 W Bender Boulevard, Hobbs, NM 88240

MS
NM REC-2023-0297
FOUND REAL ESTATE
Listed by FOUND REAL ESTATE
$1,790,000
27 days on market
Updated 13 days ago

2110 W Bender Boulevard

Details
APN 4970302143630
Property Type Industrial
Sub Type Warehouse
Square Footage 11,250
Net Rentable (SqFt) 11,250
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 8.6%
Pro-Forma NOI $154,000
Class B
Year Built 2007
Acreage 4.636
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

Industrial | 11,250 SqFt

Marketing description

Versatile industrial facility situated on approximately 4.58 acres with a ±11,250 SF metal building offering a combination of office and warehouse space. The property features a large stabilized yard with ample room for equipment, fleet vehicles, pipe storage, laydown yard use, or future expansion. The office area includes a reception space, multiple private offices, open work areas, and employee support space, creating a functional setup for administrative and operational use. The warehouse/shop portion offers clear-span space with multiple overhead doors, high ceilings, concrete flooring, and excellent accessibility for a variety of industrial users. The site is well suited for oilfield service companies, logistics operations, contractors, equipment storage, fabrication, or owner-users seeking a flexible industrial asset with yard capacity.

Investment highlights

±11,250 SF office/warehouse industrial facility

Situated on approximately ±4.58 acres

Large stabilized yard suitable for fleet vehicles, equipment, pipe storage, and laydown use

Functional office buildout including reception area, private offices, and employee support space

Clear-span warehouse/shop with multiple overhead doors and high ceilings

Flexible layout suitable for oilfield service, logistics, contractors, fabrication, or industrial users

Excellent accessibility for equipment and operational traffic

Potential owner-user or investment opportunity

Significant yard capacity with room for future expansion

Well-positioned within the active Lea County industrial market

Approximate pro forma rental potential of $13,000/month

Potential NNN investment structure

Offered at approximately $159/SF replacement-cost-conscious pricing

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Listing Contacts

MS
NM REC-2023-0297
FOUND REAL ESTATE
Listed by FOUND REAL ESTATE

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Additional Information

Name
Matthew Smith
License
REC-2023-0297
Brokerage
Found Real Estate
Brokerage Phone
(575) 942-2000
Title
Associate Broker
Brokerage Address
4401 North Grimes Street
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