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Flex Space with Enclosed Shop
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3115 W Francis Ave, Midland, TX 79701

Office, warehouse, and storage components accommodate industrial, oilfield service, contractor, and operational users.

Space Size4,160 SF
Days on Market3

Property Features for 3115 W Francis Ave

General Information

Standard status Active
Size 4,160 SF
Net Rentable 5,400 SF
Property subtype INDUSTRIAL
Lease Type NNN

Space & Availability

Available Space 5,400 SF
Space Use Industrial

Building Details

Buildings 2

Spaces For Lease

at 3115 W Francis Ave Contact us

3115 W Francis Ave $12/SF/Yr

Floor
1
Size
4,160 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- This industrial property offers approximately 5,400 SF across two buildings, including...
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Listing Agency: Moriah Brokerage Services
Listed By: Wes Gotcher
Source: Moodyscre
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 12 at 2:39AM

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 Brokerage Services

Investment Insights

Based on property information with market context.

The property combines office, shop, and storage functions across two buildings at 3115 W Francis Ave in Midland. The primary 4,160 SF office/shop building includes private offices, a bullpen, open office area, mezzanine storage, one overhead door, and a 2-ton crane. A separate 1,240 SF enclosed shop adds another overhead door and covered storage bays.

Together, the buildings provide approximately 5,400 SF. An additional ±2,500 SF covered storage/shop area may also be available, which could bring the total usable area to approximately 7,900 SF. The configuration is suited to industrial, oilfield service, contractor, and operational users requiring a mix of office, warehouse, and storage space.

Key Highlights

  • Approximately 5,400 SF across two buildings
  • 4,160 SF main office/shop building with private offices, bullpen, open office, and mezzanine storage
  • Detached 1,240 SF enclosed shop with an overhead door

Property Analytics

Current Use

One Oak West ... Freight Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Hair Salon Nail Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby
Under-served
Demand for This Use

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 59% below the average of $29.01 /SF/Yr.

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?
Flex space - Office, warehouse, and storage components accommodate industrial, oilfield service, contractor, and operational users.
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 $12 SF/Yr.
What are key features of this property?
This property features: Approximately 5,400 SF across two buildings; 4,160 SF main office/shop building with private offices, bullpen, open office, and mezzanine storage; Detached 1,240 SF enclosed shop with an overhead door
(432) 682-2510 Call to check price and availability
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