Shopping Center With Pad
For Lease
$21 SF/Yr NNN
12311 MONTANA, El Paso, TX 79938
COMMERCIAL - El Paso, TX
Space Size1,200 SF - 3,600 SF
Lot Size10.75 Acres
Days on Market165
Property Features for 12311 MONTANA
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C4
Fireplace
1
Standard status
Active
APN
672997
Lot size
10.75 Acres
Taxes and HOA fees
Tax Description
BLK 1 HERRERA LEGACY #2 2 (EXC NLY PT) (468082.00 SQ FT)
Legal Description
BLK 1 HERRERA LEGACY #2 2 (EXC NLY PT) (468082.00 SQ FT)
Utilities
Heating system
Natural Gas
Amenities
high storefront visibility
signage opportunities
Building Details
Floors in Building
1
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Bianca Lynette Berry
(915) 701-9107
Added: Mar 2
Changed: Aug 4
Last Checked: Aug 14 at 4:06AM
MLS# 939188
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Gran Plaza Shops is a shopping center at 12311 Montana in El Paso, offering suites from 1,200 to 3,600 SF and 3 pad sites for ground lease or build-to-suit. The property carries C4 zoning and uses an NNN lease structure, with layouts that can be tailored for retail, service, medical, therapy, and professional office operations.
The center is positioned along Montana Avenue across from Walmart and Lowe’s, with access to Loop 375 and Rich Beem Blvd. Nearby county and state facilities contribute daytime activity, while the surrounding East El Paso logistics corridor includes the 1.3 million SF 375 & Montana Logistics Park. The site also serves a trade area that includes industrial, retail, service, and residential activity.
Available improvements include visible storefronts, signage opportunities, and customer entry and exit points. The property is suited to operators seeking a presence within an established shopping-center setting with multiple suite and pad-site configurations.
The center is positioned along Montana Avenue across from Walmart and Lowe’s, with access to Loop 375 and Rich Beem Blvd. Nearby county and state facilities contribute daytime activity, while the surrounding East El Paso logistics corridor includes the 1.3 million SF 375 & Montana Logistics Park. The site also serves a trade area that includes industrial, retail, service, and residential activity.
Available improvements include visible storefronts, signage opportunities, and customer entry and exit points. The property is suited to operators seeking a presence within an established shopping-center setting with multiple suite and pad-site configurations.
Key Highlights
- 1,200 to 3,600 SF suites available
- 3 pad sites offered for ground lease or build‑to‑suit
- C4 zoning with NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79938, TX
96,353
Population
29,818
Households
3.2
Avg Household Size
29
Median Age
28%
College-Educated
85%
High-School Grad
390.2 sq mi
ZIP Area
247
Density / Sq Mi
$75,801
Median Household Income
$40,528
Median Earnings
$1,433
Median Rent
$199,700
Median Home Value
Market
Lease Benchmarks for El Paso, TX
$17.5 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
17,819 SF
Avg Space Size
This space is priced 20% above the average of $17.5 /SF/Yr.
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - NNN suites and pad sites accommodate retail, service, medical, and professional office uses.
Where is this shopping center located?
The property is located at 12311 MONTANA El Paso, TX.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,200 to 3,600 SF suites available; 3 pad sites offered for ground lease or build‑to‑suit; C4 zoning with NNN lease structure
