500 Texas Ave Midland, TX 79701
This exceptional Class A office space, totaling 6,885 square feet, presents a remarkable subleasing opportunity in the prestigious Fasken Center Tower Two, located at 500-550 West Texas Avenue in downtown Midland, Texas, zip code 79701. The building, constructed in 1974, boasts a total of 421,546 square feet and offers a prime location within Midland County. This traditional office space is perfect for businesses seeking a sophisticated and convenient downtown address. The suite's strategic placement provides easy access to major thoroughfares, including Wall Street, a key east-west artery. Furthermore, the property enjoys unparalleled proximity to a variety of amenities, including Centennial Park, the Bush Convention Center, diverse dining establishments, and the Midland County Library, all within walking distance. This is a rare opportunity to secure a substantial, high-quality office space in the heart of Midland's vibrant business district. The building is classified as a Class A property, reflecting its superior construction, amenities, and location. The available space is part of a multi-tenant building. This sublease opportunity offers immediate occupancy of a well-maintained space in a highly desirable location. Don't miss this chance to establish your business in a premier Midland address.
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Vision Natural Resources Factory Production Facility
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Viper Energy Partners LP Gas Company
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Mewbourne Oil Co Oil & Natural Gas Company Corporate Office
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Republic Oil & Gas Co Gas Company
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Mc Cabe Petroleum Corporation Oil & Natural Gas Company
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
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.