Flex Space with Office and
New
For Lease
$5,200/Mo NNN
3602 Hwy 158, Midland, TX 79706
Office and shop improvements sit on an oilfield corridor in Midland, with direct frontage along E State Highway 158.
Space Size3,200 SF
Lot Size1.08 Acres
Days on Market3
Property Features for 3602 Hwy 158
General Information
Standard status
Active
Size
3,200 SF
Net Rentable
3,200 SF
Lot size
1.08 Acres
Lease Type
NNN
Space & Availability
Available Space
3,200 SF
Contiguous Space
3,200 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1979
Building Size
3,200 SF
Listing Agency:
The Real Estate Ranch LLC
Listed By:
Thomas Johnston · License #542176
(512) 970-1610
Source:
Billlanier
Added: Oct 4
Last Checked: Oct 5 at 9:18PM
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 The Real Estate Ranch LLC
Investment Insights
Based on property information with market context.
This Midland flex property combines office and shop space within 3,200 SF of improvements. Built in 1979, the facility occupies approximately 1.08 acres and is offered under an NNN lease.
The property fronts E State Highway 158, an established oilfield corridor, with approximately 180 feet of highway frontage. Its location and office/shop configuration are key physical features of the offering.
The property fronts E State Highway 158, an established oilfield corridor, with approximately 180 feet of highway frontage. Its location and office/shop configuration are key physical features of the offering.
Key Highlights
- 3,200 SF of office and shop improvements
- Approximately 1.08 acres
- Approximately 180 feet of frontage on E State Highway 158
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Well-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
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Market
Lease Benchmarks for Midland, TX
$20.42 /SF/Yr
Avg Asking Price
$9.78–$27.5 /SF/Yr
Price Range
10,615 SF
Avg Space Size
This space is priced 5% below the average of $20.42 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Office and shop improvements sit on an oilfield corridor in Midland, with direct frontage along E State Highway 158.
Where is this flex space located?
The property is located at 3602 Hwy 158 Midland, TX.
What is the lease rate?
The lease rate is $5,200/Mo.
What are key features of this property?
This property features: 3,200 SF of office and shop improvements; Approximately 1.08 acres; Approximately 180 feet of frontage on E State Highway 158
