This 0.47-acre long term ground lease opportunity at 7729 Lockheed Dr. offers a vacant, commercially-zoned site ideal for retail or service-oriented development in El Paso’s East submarket, near El Paso International Airport and major employment centers. The highest and best use is the construction of a retail development supported by C-2 Community Commercial zoning and the surrounding mix of industrial, office, and retail properties, making it attractive for quick-service restaurant, convenience retail, service/office, or small showroom concepts that benefit from strong daytime population and airport-related traffic.
The site comprises approximately 20,550 square feet of usable land, generally rectangular in shape and level at street grade, with about 300 feet of frontage along Lockheed Dr. providing flexible site planning and multiple access options, subject to city approval. It is located just off Montana Ave., a heavily trafficked major arterial, with visibility from Montana and regional connectivity via Montana Ave., Airway Blvd., Hawkins Blvd., and Boeing Dr., while public bus service and the established road grid provide average overall access within the metro area.
Zoned C-2 Community Commercial District, the property allows a wide range of commercial uses, including retail, services, and light automobile-related uses serving multiple neighborhoods, and benefits from available utilities such as electricity, water, and sewer. The site lies in Flood Zone C/Zone X, indicating moderate to minimal flood risk, and is subject to an aviation right-of-flight easement in favor of the City of El Paso, which permits aircraft overflight and related noise and allows the City to restrict any uses that interfere with airport operations or create airport hazards.
The surrounding corridor is a mature commercial area with high occupancy in nearby office, industrial, and retail developments, reflecting solid market demand for commercial uses. Demographic and economic trends show a well-populated trade area with stable population, strong household counts, and significant non-residential traffic from the airport, Butterfield Trail industrial centers, and Fort Bliss, all of which support ongoing commercial activity at this location.