Remodeled Flex Warehouse
For Lease
Contact for pricing
1501 N Fairgrounds Rd, Midland, TX 79706
Flex facility includes remodeled office space and a dedicated tote facility with outdoor workspace.
Space SizeContact for details
Lot Size3.83 Acres
Days on Market38
Property Features for 1501 N Fairgrounds Rd
General Information
Standard status
Active
Lot size
3.83 Acres
Additional Details
Highway Access
Yes
Office Units
22
Building Details
Year Built
1978
Year Renovated
2015
Listing Agency:
NRG Realty Group, LLC
(432) 352-6714
Listed By:
Amy Brasher Barnett · License #514276
Source:
Billlanier
Added: Jul 20
Changed: Aug 14
Last Checked: Aug 25 at 9:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group, LLC
Investment Insights
Based on property information with market context.
This remodeled flex warehouse facility offers a mix of office and shop/storage space, along with a separate tote facility. The property includes a main office and shop totaling 13,754 SF, featuring an executive office suite, 22 private offices, a welcoming reception, two conference rooms, and a break room. Additional support space includes a 1,440 SF shop/storage area with a parts office, crew prep room, and M&W locker room, plus open storage.
A 5,700 SF tote facility is also included, with outdoor workspace available for operational use. Easy access is highlighted to Business 20, I-20, and Loop 250.
The facility can be sectioned to fit tenant needs, offering flexible configuration for a business requiring both office and logistics support space.
A 5,700 SF tote facility is also included, with outdoor workspace available for operational use. Easy access is highlighted to Business 20, I-20, and Loop 250.
The facility can be sectioned to fit tenant needs, offering flexible configuration for a business requiring both office and logistics support space.
Key Highlights
- 20,894 SF flex facility on 3.83 acres with remodeled main office and shop plus a dedicated tote facility
- 13,754 SF office area with executive suite, 22 private offices, reception, 2 conference rooms, and break room
- 1,440 SF shop/storage space plus parts office and crew prep room, including M & W locker room and open storage
Property Analytics
Property Profile
Current Use
Lease Details
22
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79706, TX
31,805
Population
12,368
Households
2.6
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
689.5 sq mi
ZIP Area
46
Density / Sq Mi
$110,988
Median Household Income
$58,023
Median Earnings
$897
Median Rent
$280,500
Median Home Value
Market
Lease Benchmarks for Midland, TX
$20.75 /SF/Yr
Avg Asking Price
$10.43–$27.5 /SF/Yr
Price Range
10,765 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex facility includes remodeled office space and a dedicated tote facility with outdoor workspace.
Where is this flex space located?
The property is located at 1501 N Fairgrounds Rd Midland, TX.
What are key features of this property?
This property features: 20,894 SF flex facility on 3.83 acres with remodeled main office and shop plus a dedicated tote facility; 13,754 SF office area with executive suite, 22 private offices, reception, 2 conference rooms, and break room; 1,440 SF shop/storage space plus parts office and crew prep room, including M & W locker room and open storage
