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30930454
30930455

11705 Montwood Dr, El Paso, TX 79936 For Sale

JP
TX TX-390976, tx 390976
Jim Payne CRE
Listed by Jim Payne CRE
Unpriced
115 days on market
Updated 115 days ago

11705 Montwood For Sale

Details
APN V89799909002000
Property Type Land, Retail (+1)
Sub Type Commercial, Shopping Center (+1)
Square Footage 55,752
Cap Rate 8.50%
Occupancy 100%
Lot Size (SqFt) 277,216
Zoning C3

High-Yield Acquisition: 8.5% Cap Rate with Immediate Upside

Investment highlights

  • Hard Corner "Main & Main" Location: Situated at the high-traffic intersection of Montwood and Saul Kleinfeld, benefiting from superior ingress/egress and exposure to over 30,000 combined VPD.

  • 10-Year Stabilized Cash Flow: Anchored by a major fitness provider Club4 Fitness (Formerly Chuze Fitness) on a long-term lease, providing the investor with a secure, predictable income stream from a "recession-proof" tenant category.

  • Significant Development Upside: The included ±1.12-acre pad site offers a rare opportunity to "unlock" value. An investor can increase the total NOI by developing a new retail strip/QSR or recoup capital quickly by selling the pad as a separate parcel.

  • Thriving Retail Ecosystem: Nestled in a dense commercial hub surrounded by national giants like Target, Walmart, Ross, and Albertsons, ensuring a steady draw of consumers to the immediate area.

  • Excellent Demographics: Located in the heart of East El Paso, serving a 3-mile population of over 140,000 residents with a strong mix of established households and growing families.

  • Large Acreage Footprint: Sitting on a total of ±6.36 acres, the site provides ample parking and flexibility for future re-tenanting or densification.

Listing Contacts

JP
TX TX-390976, tx 390976
Jim Payne CRE
Listed by Jim Payne CRE

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Additional Information

Name
Jim Payne, CPA, CCIM
License
TX-390976
Brokerage Phone
(915) 285-5551
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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