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Multi-Tenant Shopping Center
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5511-5559 Alameda Avenue, El Paso, TX 79905

Diversified retail campus with multiple enclosed shopping areas, established anchor tenants, specialty shops, and a recurring outdoor marketplace.

Property Size180,027 SF
Lot Size18.70 Acres
Days on Market145

Property Features for 5511-5559 Alameda Avenue

General Information

Standard status Active
Size 180,027 SF
Lot size 18.70 Acres
Property subtype Retail

Additional Details

Anchor Co-Tenants Fallas Parades, DD’s Discounts, Melrose

Building Details

Year Built 1962
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #TX 522087
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 10:21PM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This retail complex was constructed in 1962 and contains approximately 180,027 square feet of leasable area across several connected commercial components. The property includes Fox Plaza Shopping Center, Mercado Mall, Fox Shops, Plaza Shops, and Mercado-Fox Plaza. The multi-tenant portion measures approximately 164,918 square feet and includes Fallas Parades, DD’s Discounts, Melrose, Family Dollar, Candy’s Party Supplies, DaVita Dialysis, Rent-A-Center, Audio Express, Big Boy Restaurant, and Dr. Gabriel Meraz, DDS. Lease structures include both triple-net and gross arrangements, with staggered expirations, while other income comes from an ATM and kiosks.

The enclosed retail areas include more than 50 shops at Mercado Mall, over 21 specialty shops at Fox Shops, and 30 specialty shops at Plaza Shops. The outdoor Mercado-Fox Plaza occupies more than four acres and operates Sundays from 8:00 am to 4:00 pm, with 300 vendors, over 15,000 shoppers, paved vendor spaces, and permanent bathroom facilities. The property is located at 5511-5559 Alameda Avenue in El Paso, Texas.

Key Highlights

  • Approximately 180,027 SF of leasable area on approximately 18.7 acres
  • Approximately 164,918 SF multi‑tenant portion with established retail, service, restaurant, and medical occupants
  • More than 50 shops at Mercado Mall, over 21 at Fox Shops, and 30 at Plaza Shops

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,584
Businesses Nearby
282k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 36% Dining 29% Apparel 20% Groceries 13%
Ross Dress for Less Apparel
36,315 visits/mo 0.1 miles
Food King Groceries
35,754 visits/mo 0.1 miles
McDonald's Dining
28,577 visits/mo 0.1 miles
dd's DISCOUNTS Shops & Services
23,553 visits/mo 0.1 miles
Jack in the Box Dining
20,418 visits/mo 0.1 miles

Demographics for 79905, TX

22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
Median Home Value

Market

Vacancy Rate% for Retail in El Paso, TX

6.3% 2020
5.1% 2021
3.9% 2022
3.3% 2023
3.4% 2024
3.9% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Diversified retail campus with multiple enclosed shopping areas, established anchor tenants, specialty shops, and a recurring outdoor marketplace.
Where is this shopping center located?
The property is located at 5511-5559 Alameda Avenue El Paso, TX.
What are key features of this property?
This property features: Approximately 180,027 SF of leasable area on approximately 18.7 acres; Approximately 164,918 SF multi‑tenant portion with established retail, service, restaurant, and medical occupants; More than 50 shops at Mercado Mall, over 21 at Fox Shops, and 30 at Plaza Shops
(972) 755-5225 Call to check price and availability
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