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    12311 Montana Ave El Paso, TX 79938

    For Lease
    Contact for pricing

    El Paso, TX storefront spaces available

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity is located within Gran Plaza Shops, a vibrant new shopping center in El Paso, Texas, built in 2018. Situated at 12311 Montana Ave, this prime location boasts excellent visibility and accessibility from Montana Ave, Loop 375, and Rich Beem. The property features multiple storefront spaces, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,500 square feet. The entire lot encompasses 760,668 square feet, zoned C4 in El Paso County. This thriving retail center benefits from its proximity to major retailers such as Walmart Supercenter and Lowe's Home Improvement, as well as other established businesses including Chase Bank, Taco Bell, Whataburger, Cinemark, and Famous Dave's. Current tenants include Pocket's and a Chevron gas station and convenience store, establishing a strong foundation for future success. This is an ideal location for businesses seeking high foot traffic and exposure in one of El Paso's fastest-growing areas. The property offers a unique opportunity to establish a presence in a well-established and rapidly expanding retail environment. Seven spaces are currently available. Zip code: 79938.

    Property Features for 12311 Montana Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF

    Building Details

    Year Built
    2018

    Unit(s) available at that property

    Space
    Suite Building A 103
    Size
    1,200 SF
    Space
    Suite Building A 104
    Size
    1,200 SF
    Space
    Suite Building B 107
    Size
    1,200 SF
    Space
    Suite Building A 112
    Size
    1,200 SF
    Space
    Suite Building B 108
    Size
    1,200 SF
    Space
    Suite Building B 103
    Size
    1,200 SF
    Space
    Suite Building B 109
    Size
    1,200 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bersbarber Barber Shop La Choza Menudazo ... Mexican Restaurant Fancy Pup Montana Pet Groomer Farmers Insurance - Julio ... Insurance Agency Don't Cry Llorona! Taco Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.2581514
    Latitude
    31.8093281

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    FAQs

    What type of property is this?
    Individual retail property - El Paso, TX storefront spaces available
    Where is this individual retail property located?
    The property is located at 12311 Montana Ave El Paso, TX.
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    El Paso, TX 79938
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12311 Montana Ave El Paso, TX 79938
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