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Downtown Midland Office Towers
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201 W Wall St, Midland, TX 79701

Two office towers in downtown Midland, full of history.

Property Size123,513 SF
Days on Market1453

Property Features for 201 W Wall St

General Information

Standard status Active
Size 123,513 SF
Property subtype Office

Building Details

Year Built 2018
Listing Agency: Moriah Real Estate Company, LLC
Listed By: Trey Dennis · License #TX 723150
Source: Crexi
Added: Aug 9, 2022 Changed: Jul 6 Last Checked: Jul 30 at 4:31AM

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 Moriah Real Estate Company, LLC

Investment Insights

Based on property information with market context.

Located in Downtown Midland, the two Wall Towers (East and West) offer a historical setting. The office buildings are within walking distance of Centennial Park, Pi Social, Opal’s Table, and Cancun Bar and Grill, benefiting from recent downtown development. The East Tower, constructed in 1963, comprises 9 stories and a total of 66,000 square feet. The West Tower, built in 1968, features 12 stories and a total of 123,513 square feet.

Key Highlights

  • Located in Downtown Midland.
  • Walking distance to Centennial Park, Pi Social, Opal’s Table, and Cancun Bar and Grill.
  • West Tower: 12 stories, 123,513 SF.

Property Analytics

Current Use

Midland ABM Office Landscaping The Good Good Juice ... Specialty Food Shop K. Renae Salon Hair Salon Wall Street Country ... Corporate Office Ted W. Walters ... Business To Business Service

Suggested Use

Top Pick Dental Office Pharmacy Gym & Fitness Center Big Box & Wholesale Store Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,048
Businesses Nearby

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two office towers in downtown Midland, full of history.
Where is this office building located?
The property is located at 201 W Wall St Midland, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Located in Downtown Midland.; Walking distance to Centennial Park, Pi Social, Opal’s Table, and Cancun Bar and Grill.; West Tower: 12 stories, 123,513 SF.
(432) 682-2510 Call to check price and availability
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