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Office Suites with Central Common Area
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713 W Indiana Ave, Midland, TX 79701

4,024 sq. ft. property with a large central common area, kitchen, and private suites along both sides of the building.

Space SizeContact for details
Days on Market95

Property Features for 713 W Indiana Ave

General Information

Standard status Active

Building Details

Year Built 2019
Listing Agency: Strait A Real Estate
Listed By: Dee Alanis
Source: Rickerlooney
Added: Jul 20 Changed: Oct 16 Last Checked: Oct 20 at 11:21PM

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 Strait A Real Estate

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Investment Insights

Based on property information with market context.

This versatile commercial property offers a large central common area with a kitchen and private suites positioned along both sides of the building. The flexible interior layout is well-suited for professional offices, wellness or medical services, and beauty salon use.

The building is located at 713 W Indiana Ave in Midland, TX 79701, providing a straightforward setup for businesses that need shared common space with dedicated private rooms.

For owner-users or investors, the configuration supports a range of business ventures, and the property is also described as offering potential for restaurant conversion.

Key Highlights

  • Built in 2019
  • Total size of 4,024 sq. ft.
  • Large central common area with a kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Andrea Ortiz Hair Salon Hola Bonita Midland Hair Salon Hair By Alyce Hair Salon

Suggested Use

Top Pick Dental Office Pharmacy Gym & Fitness Center Veterinary Clinic Parking Lot & Garage Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,365
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Midland, TX

$20.66 /SF/Yr
Avg Asking Price
$12.8–$26 /SF/Yr
Price Range
16,063 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office unit - 4,024 sq. ft. property with a large central common area, kitchen, and private suites along both sides of the building.
Where is this office unit located?
The property is located at 713 W Indiana Ave Midland, TX.
What are key features of this property?
This property features: Built in 2019; Total size of 4,024 sq. ft.; Large central common area with a kitchen
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