Plaza Hobbs

Investment Overview

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.

Investment Highlights

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