500 W Illinois Ave Midland, TX 79701

Building Details

Year Built

1983

Spaces For Lease

at 500 W Illinois Ave Contact us

Listing office Moriah Real Estate Company, LLC j***@moriahgroup.net Show Phone

Listing date Aug 11, 2022

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Investment Insights

Based on property information with market context.

This 13-story, Class A, multi-tenant office tower is situated in the heart of Midland's Central Business District. The building contains 182,062 square feet of prime office space and includes an 8-story parking garage on a 0.96-acre lot. Originally constructed in 1984, the black glass and granite office building underwent a comprehensive renovation in 2019, enhancing its mechanical systems and aesthetic design. Office suites are available within the One Community Centre Building, located at the intersection of Illinois Avenue and Marienfeld Street. The location is just north of the Fasken Center and Wells Fargo, and to the east of the ConocoPhillips campus. The building is conveniently within walking distance of the Petroleum Club, Centennial Park, the Bush Convention Center, and a variety of downtown restaurants and retail shops.

Key Highlights

• Prime location in the heart of Midland's Central Business District at the intersection of Illinois Avenue and Marienfeld Street.
• Class A, 13‑story multi‑tenant office tower with 182,062 square feet of office space.
• Comprehensive renovation in 2019 enhancing mechanical systems and aesthetic design.

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FAQs

What type of property is this?

Office building - Prime office space in Midland's Central Business District.

Where is this office building located?

The property is located at 500 W Illinois Ave Midland, TX.

What is the lease rate?

The lease rate is $23.50 SF/Yr.

What are key features of this property?

This property features: Prime location in the heart of Midland's Central Business District at the intersection of Illinois Avenue and Marienfeld Street.; Class A, 13‑story multi‑tenant office tower with 182,062 square feet of office space.; Comprehensive renovation in 2019 enhancing mechanical systems and aesthetic design.