550 Texas Ave Midland, TX 79701
One Fasken Center offers a rare subleasing opportunity in the heart of downtown Midland, Texas. This Class A office space, located in Tower Two at 550 W Texas Ave, zip code 79701, provides immediate access to key amenities and businesses. The building, constructed in 1974, boasts a total of 421,546 square feet and offers multiple tenancy options. Currently, there are two available suites ranging from a minimum of 1,853 square feet to a maximum contiguous space of 4,086 square feet, totaling 5,939 square feet of vacant space. The location is exceptionally convenient, situated just north of Wall Street, a major east-west thoroughfare. Within walking distance, tenants will find Centennial Park, the Bush Convention Center, diverse dining establishments, and the Midland County Library. This prime location in Midland County offers an unparalleled opportunity for businesses seeking a sophisticated and accessible corporate home. The building's executive office spaces are designed to impress, providing a professional environment to enhance any business's image. This is a unique chance to secure a highly desirable space in a thriving downtown area. The available space is ideal for businesses seeking a modern and well-located office in a prestigious building.
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Firewood Midland Texas Big Box & Wholesale Store
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Regions Energy LLC/Regions Permian, LLC Oilfield
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Trenton Green Financial Advisor
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Tiffany Floyd - RBC Wealth Management Financial Advisor Financial Advisor
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Kevin Blonkvist - RBC Wealth Management Branch Director Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.