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Hanks Plaza 10978 Montwood Dr 1,400 SF of Retail Space Available in El Paso, TX 79935
HIGHLIGHTS
- Heavy Traffic
- Across From Hanks High School
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste D | 1,400 SF | 3-10 Years | $16.62 CAD/SF/YR $1.38 CAD/SF/MO $23,266 CAD/YR $1,939 CAD/MO | Triple Net (NNN) |
10978 Montwood Dr - 1st Floor - Ste D
This commercial space at Hanks Plaza is ideally situated for attracting customers and ensuring convenient access. Located close to bus line stops, it is easily accessible for both employees and customers who rely on public transportation. The heavy traffic in the area guarantees high visibility and exposure, maximizing the potential for drawing in clients. A significant advantage of this location is its proximity to Hanks High School, just across the street. This provides an excellent opportunity for businesses working with the student population or catering to families in the area. The nearby school ensures a steady flow of potential customers and presents superb marketing opportunities. Additionally, Hanks Plaza is conveniently close to Lee Trevino Drive, a major thoroughfare in El Paso. This prominent location enhances accessibility and ensures that your business will benefit from the constant flow of local and commuter traffic.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Heating System
- Private Restrooms
- High Ceilings
- Drop Ceilings
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT HANKS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- El Paso Ctr For Orthodontics
- Health Care and Social Assistance
- 1
- -
- Hair Graphics
- Services
- 1
- -
- K-ELAN BEAUTY BAR
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| El Paso Ctr For Orthodontics | Health Care and Social Assistance | 1 | - |
| Hair Graphics | Services | 1 | - |
| K-ELAN BEAUTY BAR | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,400 SF | Frontage | Montwood Dr |
| Center Type | Strip Center | Gross Leasable Area | 7,350 SF |
| Parking | 36 Spaces | Total Land Area | 0.46 AC |
| Stores | 1 | Year Built | 1983 |
| Center Properties | 1 |
| Total Space Available | 1,400 SF |
| Center Type | Strip Center |
| Parking | 36 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | Montwood Dr |
| Gross Leasable Area | 7,350 SF |
| Total Land Area | 0.46 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
Small strip eastside. The location of this commercial space is ideal for attracting customers and ensuring convenient access. Hanks Plaza is situated close to bus line stops, making it easily accessible for both employees and customers who rely on public transportation. The heavy traffic in the area ensures high visibility and exposure for your business, maximizing the potential for attracting potential clients. One of the major advantages of this location is its proximity to Hanks High School, which is just across the street. This presents a significant advantage for businesses targeting the student population or catering to the needs of families in the area. The presence of a nearby school provides a steady flow of potential customers and offers excellent marketing opportunities. Additionally, the commercial space at Hanks Plaza is conveniently close to Lee Trevino Drive, a major thoroughfare in El Paso. This prominent location enhances accessibility and ensures that your business will benefit from the constant flow of local and commuter traffic in the area.
- Bus Line
- Monument Signage
NEARBY MAJOR RETAILERS
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Hanks Plaza | 10978 Montwood Dr
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