4312-4320 Montana Avenue Retail Strip

Property Details

Offering Price:

Gross Leasable Area:

# of Tenants:

Lot Size:

Year Built:

$900,000

9,095 sqft

6

0.48 Acres

1977

Retail

4312-4320 Montana Avenue, El Paso, Texas 79903

$900,000
Listing Price

$99
Price/Gross SF

Highlights

  • LOCATED DIRECTLY OFF PATRIOT FREEWAY/ US-54
    Directly off the US Highway 54 (Patriot Freeway) at Gateway Boulevard North with an average AADT of 94,000 vehicles per day. Also just north of the I-10, the southernmost cross-country Interstate Highway in America, stretching from coast to coast and carries an approximate 230,000 vehicles per day AADT.
     

  • FULLY OCCUPIED RETAIL STRIP CENTER
    Well-performing strip center with majority family-owned businesses providing daily needs products and services.
     

  • BELOW MARKET RENTS - ADD VALUE OPPORTUNITY
    A combined rental rate averaging an extremely low $8.47 annually per square foot, inclusive of Common Area NNN expenses, attributes to low overhead costs and enables maximum tenant retention.
     

  • HIGH DENSITY POPULATION
    Nearly 98,000 residents surround the Subject Property within a 3-mile radius, in addition to being located less than three miles from the US-Mexico Border which creates a continuing thoroughfare between Mexico towards Central Texas as well as Southern New Mexico.
     

  • EXCELLENT FRONTAGE ALONG MONTANA AVENUE
    Highly visible strip center with 162 feet of frontage along high traffic Montana Avenue with 24,000 vehicles per day AADT.

Tel: 702-215-7125 | Cell: 702-250-3392

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