1119 S Leech Street

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1119 S Leech Street

Hobbs, NM 88240
Asking Price
$299K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

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

  • Industrial warehouse property located at 1119 S Leech Street.
  • Facility features a total area of 11,400 square feet.
  • Property is currently listed for sale at 299,000 dollars.
  • Site supports diverse industrial and commercial storage operations.
  • Located within the active Permian Basin regional economy.

What's Special

This 11,400 square foot industrial warehouse in Hobbs, New Mexico, provides substantial operational capacity for businesses requiring scalable storage, logistics, or light manufacturing space. Situated at 1119 S Leech Street, the facility serves the regional industrial corridor of the Permian Basin, an area recognized for its robust energy sector activity and steady demand for warehouse infrastructure. The layout accommodates a range of commercial applications, supporting inventory management, equipment maintenance, or distribution services within a growing submarket. With its strategic location, the property offers proximity to essential transportation networks necessary for regional logistics. Investors and owner-occupiers will find the site capable of supporting various industrial activities given the expansive square footage and functional design of the warehouse structure.

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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