NNN Retail Shopping Center
For Lease
$21 SF/Yr
12311 MONTANA, El Paso, TX 79938
COMMERCIAL - El Paso, TX
Property Size3,600 SF
Lot Size10.75 Acres
Days on Market150
Property Features for 12311 MONTANA
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C4
Fireplace
1
Standard status
Active
APN
672997
Size
3,600 SF
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: Jun 6
Last Checked: Jul 30 at 3:06PM
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 retail shopping center offering flexible leasing options, including individual suites and three pad sites. Suites are described as ranging from 1,200 to 3,600 SF, with interior layouts stated to be customizable to support a variety of uses. The center is offered under an NNN lease structure, and the pad sites are available for ground lease or build-to-suit development.
Located in El Paso along Montana Avenue, Gran Plaza Shops is directly across from Walmart and Lowe’s. The property is positioned with access to Loop 375 and Rich Beem Blvd, with entry and exit intended for convenient circulation. The center is also described as being in proximity to county/state facilities and an expanding East El Paso logistics area.
This mix of suite availability and pad site options can support tenants seeking retail and service space, including medical, therapy, and professional office uses, as well as restaurants and neighborhood-oriented concepts. With national retail neighbors across the site and freeway connectivity via Loop 375, the center’s configuration is aligned with operators looking to serve a daytime customer base and establish a presence in a growing corridor.
Located in El Paso along Montana Avenue, Gran Plaza Shops is directly across from Walmart and Lowe’s. The property is positioned with access to Loop 375 and Rich Beem Blvd, with entry and exit intended for convenient circulation. The center is also described as being in proximity to county/state facilities and an expanding East El Paso logistics area.
This mix of suite availability and pad site options can support tenants seeking retail and service space, including medical, therapy, and professional office uses, as well as restaurants and neighborhood-oriented concepts. With national retail neighbors across the site and freeway connectivity via Loop 375, the center’s configuration is aligned with operators looking to serve a daytime customer base and establish a presence in a growing corridor.
Key Highlights
- Unmatched traffic draw: Directly across from Walmart and Lowe's on Montana Avenue.
- Prime access to Loop 375 and Rich Beem Blvd.
- Strong synergy from national retailers and the booming East El Paso logistics hub.
Property Analytics
Property Profile
Current Use
Lease Details
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
$18.25 /SF/Yr
Avg Asking Price
$16–$21 /SF/Yr
Price Range
5,275 SF
Avg Space Size
This space is priced 15% above the average of $18.25 /SF/Yr.
Vacancy Rate% for Office in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Leasing space at Gran Plaza Shops with nearby national anchors and convenient access to Loop 375 and Rich Beem Blvd.
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: Unmatched traffic draw: Directly across from Walmart and Lowe's on Montana Avenue.; Prime access to Loop 375 and Rich Beem Blvd.; Strong synergy from national retailers and the booming East El Paso logistics hub.
