Highway-Frontage Flex
New
For Lease
$5,200/Mo NNN
3602 Hwy 158, Midland, TX 79706
Commercial Sale, Midland, TX
Space Size3,200 SF
Lot Size1.08 Acres
Days on Market6
Property Features for 3602 Hwy 158
General Information
Property type
Commercial Lease
Property subtype
Other
Fencing
Fenced, Chain Link
Subdivision
38T2S
Standard status
Active
APN
R000003470
Size
3,200 SF
Lot size
1.08 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Private Sewer
Water source
Well
Building Details
Year built
1979
Building materials
Metal Construction, Metal Siding
Roof type
Metal
Listing Agency:
The Real Estate Ranch LLC
(432) 688-8200
Listed By:
Thomas Johnston · License #542176
(512) 970-1610
Added: Oct 1
Changed: Oct 2
Last Checked: Oct 6 at 12:06PM
MLS# 177909
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property combines 3,200 square feet of office and shop improvements with a 1.08-acre site. Built in 1979, the building has metal construction, metal siding, and a metal roof. The property is served by a well and private sewer, and the site is enclosed by chain-link fencing.
Along E State Highway 158 in Midland, the property has approximately 180 feet of highway frontage. The lease structure is NNN.
Along E State Highway 158 in Midland, the property has approximately 180 feet of highway frontage. The lease structure is NNN.
Key Highlights
- 3,200 square feet of office and shop improvements
- 1.08‑acre site with chain‑link fencing
- 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
81
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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Similar Off Market Nearby
- Moe's Southwest Grill — 3302 Garden City Hwy, Midland, TX 79706
Frequently Asked Questions
What type of property is this?
Flex space - Office and shop areas sit within a chain-link-fenced site under an NNN lease.
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 square feet of office and shop improvements; 1.08‑acre site with chain‑link fencing; Approximately 180 feet of frontage on E State Highway 158
