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- LoopNet Team
5000 Montana Ave
El Paso, TX 79903
Chelmont Center · Property For Lease
PROPERTY FACTS
| Center Type | Lifestyle Center | Frontage | 1,115’ on Montana Ave |
| Parking | 980 Spaces | Gross Leasable Area | 157,709 SF |
| Stores | 7 | Total Land Area | 18.89 AC |
| Center Properties | 7 | Year Built | 1957 |
| Center Type | Lifestyle Center |
| Parking | 980 Spaces |
| Stores | 7 |
| Center Properties | 7 |
| Frontage | 1,115’ on Montana Ave |
| Gross Leasable Area | 157,709 SF |
| Total Land Area | 18.89 AC |
| Year Built | 1957 |
About the Property
Chelmont is an excellent gentrified shopping area that serves central El Paso. The local area has been in the process of gentrification of the last few years with additional long term retail, pharmacy, and food providers moving into and around the area. CVS moved in caddy corner to Lubys in 2018 and Walgreens occupies a 25 year ground lease in a brand new building as of 2016. This is one of the busiest shopping areas in El Paso. Retailers who moved into the area or extended their lease within the last five years: CVS (Opened across the street in 2018) Walgreens (25 Years Ground Lease in 2016) Planet Fitness (Opened 2015) GoBrands (Opened 2019) Little Ceasers (extended lease 5 years) Family Dollar (additional Lease Term) Smile Magic (additional 10 year lease in 2020) and many more.
- Bus Line
- Pylon Sign
- Signalized Intersection
