Technical
Financial
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Property profile

200 Spring Park Dr Midland, TX 79705

OFF-MARKET
Retail properties & Spaces
46,419 SF Built 2018
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Property summary

AI-generated overview

Ally Village, a Class A retail center in Midland, TX (79705), offers exceptional spaces for lease. Located at 200 Spring Park Dr, this three-building complex, built in 2018, totals 46,419 square feet and features 13 suites across two stories. Currently, 3,848 square feet are vacant, with minimum divisible space of 700 square feet and a maximum contiguous space of 46,419 square feet. Available suites include a 2,348 square foot space (Building B, Suite 235) in gray box condition, leasing for $4,890 per month plus NNN, and a 1,500 square foot space (Building C, Suite 302), also in gray box condition, leasing for $3,125 per month plus NNN. The center boasts a prime location adjacent to Ally Outdoors and is home to established businesses like Cowboy Prime, The Cork & Pig Tavern, and Hyacinth. The property includes an outdoor play area, creating a family-friendly atmosphere. No elevators are present. This is an excellent opportunity to establish a presence in a thriving Midland retail hub.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 46,419 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center Sports School
  • Grocery & Convenience Store Food Market
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Shopping Center & Mall

Location

200 Spring Park Dr Midland, TX 79705
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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