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    5701 Starboard Dr Midland, TX 79706

    For Lease
    $22 SF/Yr

    Midland, TX: 5,860 SF Retail Space

    Lot size:
    5,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Gateway Plaza, located at 5701 Starboard Dr in Midland, Texas, offers a prime retail opportunity encompassing three suites totaling 5,860 square feet. This single-story, 2015-built property sits on a 3.64-acre lot and is served by city utilities. The space is ideal for multiple tenants, with Suite 2 measuring 1,518 square feet, Suite 6 at 2,467 square feet, and Suite 7 offering 1,875 square feet. The building features no elevators. This exceptional location in Midland County, Texas, zip code 79706, presents a unique chance to establish or expand a retail presence. The lease rate is $22.00 per square foot, plus NNN charges. This property is situated in a thriving area, offering excellent visibility and accessibility for customers. The combined space provides ample room for a variety of retail uses, making it a versatile and attractive option for businesses seeking a prominent location in Midland. The property's modern construction and convenient amenities ensure a comfortable and efficient business environment. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 5701 Starboard Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,860 SF

    Building Details

    Year Built
    2015
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 6
    Size
    2,467 SF
    Rate per SF
    $22
    Space
    Suite 2
    Size
    1,518 SF
    Rate per SF
    $22
    Space
    Suite 7
    Size
    1,875 SF
    Rate per SF
    $22

    HighLights

    • High‑visibility location on Business 20.
    • High‑traffic area with ample parking.
    • Easy access to Loop 250, Business 20, and Interstate 20.
    • Adjacent to Midland Cinergy Entertainment Center.
    • Three suites totaling 5,860 square feet available for lease at $22/SF, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Midland
    County
    Midland
    State
    Texas
    Longitude
    -102.14623174385
    Latitude
    31.959213557081

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    FAQs

    What type of property is this?
    Retail property - Midland, TX: 5,860 SF Retail Space
    Where is this retail property located?
    The property is located at 5701 Starboard Dr Midland, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on Business 20.; High-traffic area with ample parking.; Easy access to Loop 250, Business 20, and Interstate 20.
    Request Owner's contact information
    5701 Starboard Dr Midland, TX 79706
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    Midland, TX 79706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5701 Starboard Dr Midland, TX 79706
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