1111 S Leech Street

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1111 S Leech Street

Hobbs, NM 88240
Asking Price
$678K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse located at 1111 S Leech Street in Hobbs
  • Total asking price set at 678000 dollars for the asset
  • Property situated within the economically active Permian Basin region
  • Suitable for various light industrial or distribution business uses
  • Facility offers strategic access to primary regional transit routes

What's Special

This industrial warehouse property spans 1111 S Leech Street in Hobbs, New Mexico. Situated within a key regional hub for the energy and manufacturing sectors, the facility benefits from the infrastructure supporting the Permian Basin's active economic landscape. The warehouse configuration provides a functional footprint suitable for logistical operations, equipment storage, or light assembly work. Its placement in this growing submarket allows for efficient access to regional transport corridors, connecting local business operations to the broader state commerce network. Investors and owner-users will find the location conducive to supply chain management or distribution needs given the surrounding industrial activity in the Hobbs area. The facility represents a straightforward addition to an existing portfolio or a primary operational base for entities requiring reliable industrial space in Southeast New Mexico.

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NOI
$80,000
Cap Rate
11.80%
DSCR
1.99
Strong
Cash-on-Cash
19.54%
Monthly Payment
$3,354.374
Annual Cash Flow
$39,747.511

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