Shopping Strip - NNN Net Lease Property for Sale

About This Shopping Strip Net Lease Property

This Shopping Strip NNN (triple net lease) property is located in Hobbs, NM and represents an excellent investment opportunity for commercial real estate investors. The property features2540 square feet of building space and was built in 2024.

With a cap rate of 6.3%, this Shopping Strip net lease property offers stable income potential. The asking price is $2,725,000, making it an attractive option for 1031 exchange investors seeking quality Shopping Strip commercial properties.

Why Invest in Shopping Strip NNN Properties?

• Stable Income: Shopping Strip net lease properties provide predictable cash flow with minimal landlord responsibilities.
• Strong Tenant: Shopping Strip is a nationally recognized brand with proven operational success.
• 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
• Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Hobbs, NM Market Overview

Located in Hobbs, NM, this Shopping Strip property benefits from strong local demographics and market fundamentals. The Hobbs area offers excellent visibility and accessibility, making it an ideal location for Shopping Strip operations and a solid investment for net lease property buyers.