Two-Tenant NNN Commercial
For Sale
$700,000
4315-4317 MONTANA Avenue, El Paso, TX 79903
Commercial Sale, El Paso, TX
Property Size3,065 SF
Lot Size0.11 Acres
Price / SF$228.38
Days on Market112
Property Features for 4315-4317 MONTANA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Fireplace
1
Standard status
Active
APN
G56999907001600
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
70 GOVERNMENT HILL N 125 FT OF (7 & W 15 FT OF 8) (5000 SQ FT)
Legal Description
70 GOVERNMENT HILL N 125 FT OF (7 & W 15 FT OF 8) (5000 SQ FT)
Utilities
Heating system
Central
Building Details
Floors in Building
1
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Silas Baca · License #0645583
(915) 497-3398
Added: Jun 26
Changed: Oct 6
Last Checked: Oct 15 at 11:06AM
MLS# 946589
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.
This C2-zoned commercial building contains two tenant suites and is fully leased. Freeway Insurance occupies one suite under a lease running through September 30, 2028, with a three-year renewal option. Muse Studios, a hair and nail studio, occupies the other suite under a lease through September 30, 2029; that lease is personally guaranteed.
The lease structure passes property taxes, insurance, and operating expenses through to the tenants in addition to base rent. Each suite has two parking spaces at the front and two at the rear. The property is on Montana Avenue in El Paso.
The lease structure passes property taxes, insurance, and operating expenses through to the tenants in addition to base rent. Each suite has two parking spaces at the front and two at the rear. The property is on Montana Avenue in El Paso.
Key Highlights
- Fully leased to two tenants
- C2 zoning
- Freeway Insurance lease runs through September 30, 2028, with one 3‑year renewal option
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,757
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,140
$695.1K
Cap Rate 7%
$496,529
$496.5K
Cap Rate 9%
$386,189
$386.2K
Market Conditions
NOI Build-Up for 3,065 SF
Gross rent
$55.2K $18.00/SF
− Vacancy
−$5.5K −$1.80/SF
EGI
$49.7K $16.20/SF
− OpEx
−$14.9K −$4.86/SF
NOI
$34.8K $11.34/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,140
Cap Rate 7%
$496,529
Cap Rate 9%
$386,189
Alternative Uses
Best Use
Retail
$496.5K
$434.5K – $579.3K
NOI $34,757 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$768.9K
$672.8K – $897.1K
NOI $53,826 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
9,839 visits/mo
0.5 miles
Circle K
Shops & Services
9,789 visits/mo
0.2 miles
Cash America
Shops & Services
3,162 visits/mo
0.4 miles
Ace Cash Express
Shops & Services
1,225 visits/mo
0.5 miles
Demographics for 79903, TX
16,425
Population
6,708
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
5,475
Density / Sq Mi
$38,294
Median Household Income
$24,288
Median Earnings
$883
Median Rent
$118,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
NNN property - Fully occupied building with lease terms that pass property expenses through to the tenants.
Where is this nnn property located?
The property is located at 4315-4317 MONTANA Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully leased to two tenants; C2 zoning; Freeway Insurance lease runs through September 30, 2028, with one 3‑year renewal option
