Functional Industrial Property in
For Lease
Contact for pricing
3115 W Francis Ave, Midland, TX 79701
Two-building industrial property with flexible warehouse and office space.
Space Size4,160 SF
Days on Market143
Property Features for 3115 W Francis Ave
General Information
Standard status
Active
Size
4,160 SF
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
4,160 SF
Year Built
1982
Tenancy
Single
Spaces For Lease
at 3115 W Francis Ave Contact us- Size
- 4,160 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
3115 W Francis Avenue
Listing Agency:
Moriah Real Estate Company, LLC
(432) 682-2510
Listed By:
Jack Oduro · License #799220
Source:
Crexi
Added: Mar 23
Changed: Aug 10
Last Checked: Aug 9 at 10:03AM
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.
This two-building industrial property provides functional and flexible space tailored for daily operations. The warehouses feature open layouts with grade-level loading, ample power, and efficient circulation suitable for service vehicles, equipment, and deliveries. The office buildout includes dedicated private offices, a bullpen area, and open office space, accommodating cubicles or collaborative workstations. The main shop is equipped with one overhead door, a 2-ton crane, and mezzanine storage, designed to handle heavy equipment and operational needs. A secondary shop includes an additional overhead door and covered storage bays. Located on Francis Avenue in south-central Midland, the property is positioned between Highway 80 (Industrial Avenue) and Interstate 20. Its location, less than one mile from both Highway 80 and I-20, provides efficient regional connectivity and is surrounded by a strong base of industrial and service users.
Key Highlights
- Excellent location less than one mile from both Highway 80 and Interstate 20, providing efficient regional connectivity.
- Functional, flexible industrial space across two buildings designed for day‑to‑day operations.
- Main shop equipped with a 2‑ton crane and mezzanine storage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Midland, TX
$29.01 /SF/Yr
Avg Asking Price
$9.25–$75 /SF/Yr
Price Range
11,297 SF
Avg Space Size
This space is priced 48% below the average of $29.01 /SF/Yr.
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 - Two-building industrial property with flexible warehouse and office space.
Where is this flex space located?
The property is located at 3115 W Francis Ave Midland, TX.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Excellent location less than one mile from both Highway 80 and Interstate 20, providing efficient regional connectivity.; Functional, flexible industrial space across two buildings designed for day‑to‑day operations.; Main shop equipped with a 2‑ton crane and mezzanine storage.
