12020 Montana Avenue, El Paso, TX 79936
Freestanding former Family Dollar with a functional box layout adaptable to community retail and service uses.
- Added:
- Apr 6, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 14 at 1:47 am
Property Features for 12020 Montana Avenue
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- General Commercial
Listing agent Anibal Olague License #0653430 (915) 443-8859
Listing office Cap Rate Real Estate Group (915) 443-8859
Listing date Apr 6, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Real Estate Group
HighLights
- 8,000 SF freestanding former Family Dollar building
- Functional box layout adaptable for uses such as event center, party hall, grocery, or fitness
- Former Family Dollar building offers interior guest facilities (3)
- No pool on the property
- Located in an active commercial node with strong local customer base within a 10‑minute drive
Overview
The property is described as being in the heart of one of East El Paso’s most active and rapidly growing commercial nodes, with strong visibility and convenient access. The surrounding trade area within about a 10-minute drive includes approximately 168,000 residents and nearly 60,000 housing units, along with more than 2,700 businesses and a workforce concentrated in health care, education, retail, and services.
For buyers or operators seeking a freestanding retail structure with flexible interior configuration, this asset offers a straightforward footprint that can be tailored to different daily-needs and destination-style offerings. Its curb-facing, single-building presentation and practical layout make it worth considering for tenants looking for a visible, accessible location for a neighborhood-serving concept.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.6k | $16.20 |
| − Vacancy | −$9.1k | −$1.13 |
| EGI | $120.5k | $15.07 |
| − OpEx | −$30.1k | −$3.77 |
| NOI | $90.4k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.273132
- Latitude
- 31.805228
