Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1805-1831 Myrtle Avenue in El Paso, Texas. The subject property consists of approximately 21,000 square feet of industrial space and is situated on 0.82 acres of land. The multi-tenant asset features a clear height ranging from 12’ to 17’, five drive-in doors, three HVAC units, three-phase heavy power with 240 volts, 12 parking spaces, and 0.32 acres of usable yard space. Fully renovated in 2025, interior and exterior upgrades include a new TPO roof – reported by seller. Easily divisible, the vacant property can be acquired for single-occupant use or as a multi-tenant lease-up opportunity. Located along a BNSF/Union Pacific rail spur, the property has close proximity to Interstate 10 in the Central submarket.
Surrounding Downtown El Paso, Central is one of the city’s original industrial hubs, containing just 5.1 million square feet of industrial space. In 2025, the submarket experienced a slight reduction in demand as about -75,000 square feet were vacated on net. The lack of industrial deliveries last year helped to keep a lid on availability as the vacancy rate rose to 4.3 percent, 3.4 percentage points lower than the national average (based on the top 50 metros, classes A, B, & C, and a minimum 10,000 square feet). Despite the low availability, annual rent growth slowed to 0.6 percent. Due to a lack of available land, there were no industrial properties under construction in Central at the start of 2026, providing support to existing landlords (CoStar).
The El Paso metro is located at the westernmost corner of Texas, bordering New Mexico and the state of Chihuahua in Mexico. It is composed of El Paso and Hudspeth counties. Access to Mexico plays a major role in the local economy as the reshoring trade movement increases industrial activity along the border. The city of El Paso, when combined with Las Cruces, New Mexico, and Ciudad Juarez in Mexico, makes up the Borderplex region (also known as the international metropolitan area of Paso del Norte), featuring one of the largest bilingual and binational labor pools in the western United States. As the largest metro along the Texas-Mexico border and the sixth-largest city in Texas, El Paso is a top 20 percent U.S. performing economy and represents one of the largest manufacturing centers in North America. Recognized as globally competitive, the region boasts the largest bilingual and bi-cultural workforce in the Western Hemisphere (elpasotexas.gov). El Paso was a finalist for the 2018 National League of Cities “All-America City,” 2018 Best of Texas Awards, and WalletHub’s #1 Best Run City in Texas in 2017. Major employers include Pacific Union Financial, UPS, Veritas Management Group, and iFly (Marcus & Millichap).
BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 100W
Dallas, Texas 75244
Office (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0490151)
