1119 S Leech St, Hobbs, NM 88240

Property Description

11,400 SF industrial warehouse located at 1119 S Leech Street in Hobbs, NM, offered at $299,000. At approximately $26/SF, the property offers an attractive acquisition basis for an owner-user or investor. The building is currently income producing at $1,500 per month and provides functional warehouse space with a fenced property and convenient industrial access. Rail infrastructure runs immediately behind the property, providing potential strategic value for industrial and distribution users. Buyer to verify rail access, service availability, and use rights. The neighboring property at 1111 S Leech Street, currently occupied by Cintas, is also available for purchase. The seller will consider a package transaction for both properties, providing buyers the opportunity to acquire adjacent industrial assets with a combination of existing income and future operational or investment flexibility.