Freestanding Retail Building with Box
For Sale
$1,300,000
12020 Montana Avenue, El Paso, TX 79936
Freestanding former Family Dollar with a functional box layout adaptable to community retail and service uses.
Property Size8,000 SF
Price / SF$162.50
Days on Market102
Property Features for 12020 Montana Avenue
General Information
Standard status
Active
Size
8,000 SF
Property subtype
General Commercial
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Source:
Xome
Added: Apr 22
Changed: Jul 10
Last Checked: Jun 14 at 1:47AM
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
Investment Insights
Based on property information with market context.
12020 Montana Avenue is an 8,000 SF freestanding former Family Dollar building with a highly functional box layout. The building is positioned to support a range of community-focused retail and service concepts, including possible event-center, party-hall, grocery, or fitness-oriented uses.
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.
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.
Key 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)
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 |
8,000 SF · lease $16.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,396 @ 7.0% cap · market cap 6.95%
Second Best
Retail
$1.10M
$966.0K – $1.29M
NOI $77,280 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,479 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Church's Chicken
Dining
8,641 visits/mo
0.5 miles
7-Eleven
Shops & Services
3,924 visits/mo
0.3 miles
Carl's Jr.
Dining
2,804 visits/mo
0.2 miles
7-Eleven
Shops & Services
2,295 visits/mo
0.2 miles
Pizza Hut
Dining
2,086 visits/mo
0.3 miles
Demographics for 79936, TX
105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding former Family Dollar with a functional box layout adaptable to community retail and service uses.
Where is this retail space located?
The property is located at 12020 Montana Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 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)
