Plaza Hobbs

4210 N. Lovington, Hobbs, NM 88240

Property Information

  • For Sale $2,242,000
  • Property Type VacantLand
  • Lot Size 8.74 Acre
  • Date Updated Jul 3, 2026

Description

Located at Hobbs’ key retail intersection this site offers endless opportunity! This site is intended to permit a wide range of large- and small-scale retail businesses that are compatible with the desired commercial growth for this area.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 a +-4.291 gross acres which shares parking and drive aisles for the entire project – see highlighted plat.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 a +-4.291 gross acres which shares parking and drive aisles for the entire project – see highlighted plat.

Highlights

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

Contacts

Location

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