Downtown Midland Office
For Lease
Contact for pricing
500-550 W Texas Ave, Midland, TX
Office space in downtown Midland near amenities and attractions.
Space Size1,853 SF - 4,086 SF
Lot Size4.70 Acres
Days on Market291
Property Features for 500-550 W Texas Ave
General Information
Standard status
Active
Size
1,853 SF - 4,086 SF
Lot size
4.70 Acres
Property subtype
OFFICE
Lease Type
Full Service
Spaces For Lease
at 500-550 W Texas Ave Contact us- Floor
- 10
- Size
- 1,853 SF
- Type
- OFFICE
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, Now
- Sublease
- Yes
Fasken Center $25/SF/Yr
- The available Suite can be found in Tower Two of the Fasken Center, conveniently...
show more
Contact us
- Floor
- 10
- Size
- 4,086 SF
- Type
- OFFICE
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, Now
- Sublease
- Yes
Fasken Center $25/SF/Yr
- The available Suite can be found in Tower Two of the Fasken Center, conveniently...
show more
Contact us
Listing Agency:
Moriah Brokerage Services
(432) 682-2510
Listed By:
Trey Dennis · License #723150
(432) 236-7500
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Sep 12 at 8:26AM
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 available suite is located in Tower Two of the Fasken Center on Texas Avenue in Downtown Midland. The towers are positioned immediately North of Wall Street, a main east-west thoroughfare. Centennial Park, the Bush Convention Center, dining options, and the Midland County Library are within walking distance. The property offers private offices, conference rooms, a breakroom, and a file room. This is a sublease opportunity. The property has a size of 6,885 square feet.
Key Highlights
- Prime downtown Midland location on Texas Avenue in the Fasken Center.
- Sublease opportunity.
- Walking distance to Centennial Park, Bush Convention Center, dining, and the Midland County Library.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,298
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Midland, TX
$24.05 /SF/Yr
Avg Asking Price
$18.5–$27.5 /SF/Yr
Price Range
14,925 SF
Avg Space Size
This space is priced 4% above the average of $24.05 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office space in downtown Midland near amenities and attractions.
Where is this office units located?
The property is located at 500-550 W Texas Ave Midland, TX.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime downtown Midland location on Texas Avenue in the Fasken Center.; Sublease opportunity.; Walking distance to Centennial Park, Bush Convention Center, dining, and the Midland County Library.
