For Lease
$2-$35 /SF/YR

0 Sec Montana & Rich BeemEl Paso, TX 79938

Prime El Paso retail space, multiple units available.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional retail property, known as Cinemark Towne Center, presents a compelling investment opportunity in the thriving El Paso, Texas market. Located at the highly visible intersection of Montana and Rich Beem, this center offers a total of 63,316 square feet of commercial space, with a significant portion currently vacant, totaling 44,905 square feet. The property is comprised of multiple tenancies, providing flexibility for a variety of retail uses. Individual spaces range from a minimum of 2,700 square feet up to a maximum contiguous space of 23,265 square feet, catering to businesses of various sizes. Five spaces are currently available for lease. The property sits on a sizable lot ranging from 0.5 to 2.5 acres, offering ample parking and visibility. Its location in El Paso County, Texas, zip code 79938, ensures convenient access for customers and employees. This is an ideal opportunity for investors seeking a high-traffic retail location with significant potential for growth and return. The property's size and layout offer considerable flexibility for both single and multi-tenant occupancy. The substantial vacant space presents a unique chance to customize the property to meet specific business needs. Don't miss this chance to acquire a prime retail asset in a dynamic market.

Highlights

  • Outparcel 2: ±2,700 SF proposed building with drive-thru, 21,325 SF land, $2.50 PSF ground lease rate, $35.00 PSF rental rate.
  • Outparcel 4: ±9,940 SF building, 1.261 AC land, $2.25 PSF rental rate.
  • Outparcel 5: ±23,265 SF building, 2.516 AC land, $2.00 PSF rental rate.
  • Outparcel 7: ±9,000 SF proposed building with drive-thru, 1.647 AC land, $2.00 PSF ground lease rate, $35.00 PSF rental rate.
  • Land parcels ranging from 1.19 AC to 2.516 AC available.

Property Details for 0 Sec Montana & Rich Beem

Property type
Retail properties
RSF (Rentable sq. ft)
63,316 SF

Unit(s) available at that property

Space
Outparcel 1
Size
54,886 SF
Rate per SF
$2.25
Space
Outparcel 5
Size
109,771 SF
Rate per SF
$2
Space
Outparcel 4
Size
54,886 SF
Rate per SF
$2.25
Space
Outparcel 7
Size
71,874 SF
Rate per SF
$35
Space
Outparcel 2
Size
2,700 SF
Rate per SF
$35

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.8106931
Longitude
-106.2479501
Sec Montana & Rich Beem, El Paso, Texas

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