Restaurant Space with Existing
For Sale
Contact for pricing
112-12311 Montana Ave, El Paso, TX 79902
Second-generation restaurant space with commercial kitchen infrastructure, open dining area, and a flexible layout for adaptable use.
Property Size4,700 SF
Price / SF$0.00
Days on Market165
Property Features for 112-12311 Montana Ave
General Information
Standard status
Active
Size
4,700 SF
Listing Agency:
Cap Rate Real Estate Group
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Source:
Exprealty
Added: May 5
Changed: Oct 6
Last Checked: Oct 16 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Real Estate Group
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Investment Insights
Based on property information with market context.
This second-generation restaurant space offers existing commercial kitchen infrastructure plus an expansive open floor area suited for front-of-house dining. The layout is flexible and designed to support operational continuity, with improvements already in place to support restaurant use rather than starting from a shell.
Located on Montana Ave in East El Paso, the property benefits from strong street visibility along a growing commercial corridor with nearby retail, restaurant, and entertainment development.
The combination of kitchen infrastructure, open dining area, and adaptable interior configuration makes the space suitable for operators seeking a functional buildout for restaurant concepts.
Located on Montana Ave in East El Paso, the property benefits from strong street visibility along a growing commercial corridor with nearby retail, restaurant, and entertainment development.
The combination of kitchen infrastructure, open dining area, and adaptable interior configuration makes the space suitable for operators seeking a functional buildout for restaurant concepts.
Key Highlights
- Approximately 4,700 SF second‑generation commercial space on Montana Avenue in East El Paso
- Existing commercial kitchen infrastructure for restaurant or food‑service concepts
- Expansive open floor area and dining capacity with a flexible layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,200
$447.2K
Cap Rate 7%
$319,429
$319.4K
Cap Rate 9%
$248,444
$248.4K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$35.5K $7.56/SF
− Vacancy
−$3.6K −$0.76/SF
EGI
$31.9K $6.80/SF
− OpEx
−$9.6K −$2.04/SF
NOI
$22.4K $4.76/SF
Area
El Paso, TX
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,200
Cap Rate 7%
$319,429
Cap Rate 9%
$248,444
Alternative Uses
Best Use
Specialty Retail
$1.00M
$875.6K – $1.17M
NOI $70,049 @ 7.0% cap · market cap 333,566.67%
Second Best
Industrial
$319.4K
$279.5K – $372.7K
NOI $22,360 @ 7.0% cap · market cap 106,476.19%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,538 @ 7.0% cap · market cap 393,038.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,347
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 51%
Shops & Services 48%
Dining 2%
Speedway
Shops & Services
18,454 visits/mo
0.1 miles
Hotel Indigo El Paso Downtown
Hotels & Casinos
14,102 visits/mo
0.3 miles
DoubleTree by Hilton
Hotels & Casinos
9,107 visits/mo
0.2 miles
Bank of America
Shops & Services
5,649 visits/mo
0.2 miles
Chase Bank
Shops & Services
4,654 visits/mo
0.2 miles
Demographics for 79902, TX
20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Similar Off Market Nearby
- China Pearl — 612 N Mesa St, El Paso, TX 79901
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant space with commercial kitchen infrastructure, open dining area, and a flexible layout for adaptable use.
Where is this conventional restaurant located?
The property is located at 112-12311 Montana Ave El Paso, TX.
What are key features of this property?
This property features: Approximately 4,700 SF second‑generation commercial space on Montana Avenue in East El Paso; Existing commercial kitchen infrastructure for restaurant or food‑service concepts; Expansive open floor area and dining capacity with a flexible layout
