Shopping Center with Pad
For Lease
$21 SF/Yr NNN
12311 MONTANA, El Paso, TX 79938
Commercial Lease, El Paso, TX
Space Size1,200 SF - 3,600 SF
Lot Size10.75 Acres
Days on Market225
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
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: Oct 2
Last Checked: Oct 13 at 12:06PM
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 10.75-acre shopping center with suites ranging from 1,200 to 3,600 SF and 3 pad sites available for ground lease or build-to-suit. Layouts can be customized for retail, service, medical, therapy, and professional office uses. The property is zoned C4 and offers an NNN lease structure, storefront visibility, and signage opportunities.
Located along Montana Avenue in East El Paso, the center sits directly across from Walmart and Lowe's, with access to Loop 375 and Rich Beem Blvd. The surrounding area includes county and state facilities as well as the 1.3 million SF 375 & Montana Logistics Park, whose first phase is fully leased. The property is positioned within a corridor serving industrial, retail, service, and residential activity.
Located along Montana Avenue in East El Paso, the center sits directly across from Walmart and Lowe's, with access to Loop 375 and Rich Beem Blvd. The surrounding area includes county and state facilities as well as the 1.3 million SF 375 & Montana Logistics Park, whose first phase is fully leased. The property is positioned within a corridor serving industrial, retail, service, and residential activity.
Key Highlights
- 10.75‑acre shopping center along Montana Avenue
- Suites from 1,200‑3,600 SF with customizable layouts
- 3 pad sites available for ground lease or build‑to‑suit
Property Analytics
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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
236
Businesses Nearby
367k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 25%
Shops & Services 19%
Home Improvements & Furnishings 11%
Walmart
Superstores
147,511 visits/mo
0.4 miles
Chick-fil-A
Dining
38,674 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
38,526 visits/mo
0.5 miles
Dollar Tree
Shops & Services
29,003 visits/mo
0.3 miles
Murphy USA
Shops & Services
21,856 visits/mo
0.3 miles
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
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Market
Lease Benchmarks for El Paso, TX
$16 /SF/Yr
Avg Asking Price
$14–$21 /SF/Yr
Price Range
13,773 SF
Avg Space Size
This space is priced 31% above the average of $16 /SF/Yr.
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - C4-zoned center offers customizable suites, pad sites, and an NNN lease structure.
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: 10.75‑acre shopping center along Montana Avenue; Suites from 1,200‑3,600 SF with customizable layouts; 3 pad sites available for ground lease or build‑to‑suit
