1501 N Fairgrounds Rd Midland, TX 79706

Building Details

Year Built

1978

Spaces For Lease

at 1501 N Fairgrounds Rd Contact us

Listing office NRG Realty Group j***@nrgrealtygroup.com Show Phone

Listing date Jun 3, 2024

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Investment Insights

Based on property information with market context.

This property offers a total of 20,894 square feet of executive office, shop, and tote facility space situated on 3.83 acres. While the west and east ends of the building are currently occupied, they can be vacated to accommodate a tenant seeking the entire space. The middle section, comprising approximately 5,000 square feet, is currently vacant and available for separate lease, as detailed in the floor plan. The main building features 13,754 square feet of office space and 1,440 square feet of shop space, all remodeled in 2015. The office area includes a reception area, an executive office suite with a private shower, 22 private offices, multiple restrooms, and an open office area suitable for cubicles. There are also two conference rooms, one designed for smaller groups and a larger training/conference room. The west side of the building includes a parts office, crew space, men's and women's locker rooms, and an open storage area with one 8-foot garage door. A 5,700-square-foot tote facility is located behind the main building, providing outdoor workspace.

Key Highlights

• 20,894 SF of office, shop, and tote facility space on 3.83 acres.
• Remodeled in 2015: 13,754 SF of office space and 1,440 SF of shop space.
• Flexible Space: +\/-5,000 SF vacant and leasable separately; occupied spaces can be vacated for a full‑building tenant.

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FAQs

What type of property is this?

Flex space - 20,894 SF flex space on 3.83 acres for lease.

Where is this flex space located?

The property is located at 1501 N Fairgrounds Rd Midland, TX.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: 20,894 SF of office, shop, and tote facility space on 3.83 acres.; Remodeled in 2015: 13,754 SF of office space and 1,440 SF of shop space.; Flexible Space: +\/-5,000 SF vacant and leasable separately; occupied spaces can be vacated for a full‑building tenant.