324 E San Antonio Ave
El Paso, TX 79901
El Paso CBD Retail · Retail Property For Sale

El Paso CBD Retail (the Property) is located on the SEC of E. San Antonio Avenue and South Stanton Street in the heart of El Paso’s Downtown District. The Property is an extraordinary investment opportunity that offers both redevelopment and value add potential through the lease-up of the vacant space. Built in 1927, the Property is a former JCPenney big box retail building containing ±37,265 square feet and located in the heart of the CBD. The two-story plus basement building is located adjacent to other neighborhood retailers including Payless ShoeSource. Other traffic drivers in the area include…. The Property is well positioned on the SEC of E. San Antonio Avenue and South Stanton Street to serve as dwellings, offices, or a combination of those with retail as well. This is a great redevelopment opportunity; taking the existing structure and turning it into downtown multi-tenant retail, residential lofts or even downtown self-storage. The State of Texas and the City of El Paso have offered SIGNIFICANT incentives for similar projects in the immediate area, please find more information within the due diligence material. The building touts a 98 walk-score as it is centrally located in the central business district of El Paso. The site is in walking distance to the El Paso Convention Center, the El Paso County Courthouse, Southwest University Park (Home of the El Paso Chihuahuas minor league baseball team), El Paso Museum of Art, The Plaza Theatre, and San Jacinto Plaza. Located at the western tip of the state, where Texas meets New Mexico and forms an international border with Mexico, El Paso is a focal point of The North American Borderplex— the fourth largest manufacturing hub on the continent. Five convenient ports of entry— Zaragoza, Bridge of the Americas, Paso Del Norte, Stanton and Santa Teresa—provide key access to Mexico and to more than $490 billion worth of total trade between Mexico and the United States. El Paso’s Foreign Trade Zone #151 and #68 are the country’s lowest-cost and second-highest volume, general-purpose FTZ. El Paso CBD Retail is an extraordinary investment opportunity that offers value add potential through the lease-up of the vacant space and future redevelopment.