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1304 N Loop 250 W 1,875 SF of Retail Space Available in Midland, TX 79703
HIGHLIGHTS
- Large Meeting Room
- Reception Area
- Overhead Door for Easy Loading and Unloading No Triple Net
- Private Office
- Smaller Offices, 2 Restrooms, Handy Storage Room
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,875 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,813 /MO $33,750 /YR | TBD |
1st Floor
Located right on N Loop 250W, close to HEB, Sam's, hotels and restaurants. Great corner office spot right at the entrance to the shopping strip! This space features a large meeting room, an owner’s office, a reception area, smaller offices, two bathrooms, and a handy storage area in the back with an overhead door for easy loading and unloading. Rent is all-inclusive with no triple net. Convenient access to Highway 191 and Business 80. Please note, no restaurants, salons, or explosives are allowed. The lease is for three years and will be managed by the owner after signing.
- Central Air Conditioning
- Wi-Fi Connectivity
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1304 N LOOP 250 W, MIDLAND, TX 79703
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- A Dependable Drug-alcohol Tstng
- Health Care
- 1
- -
- Farmers Insurance Group
- Insurance
- 19,820
- National
- Sidekick Karate School
- Cocktail Bar
- 1
- -
- Telecom Unlimited
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| A Dependable Drug-alcohol Tstng | Health Care | 1 | - |
| Farmers Insurance Group | Insurance | 19,820 | National |
| Sidekick Karate School | Cocktail Bar | 1 | - |
| Telecom Unlimited | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,875 SF | Gross Leasable Area | 7,200 SF |
| Property Type | Retail | Year Built | 2014 |
| Property Subtype | Freestanding |
| Total Space Available | 1,875 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,200 SF |
| Year Built | 2014 |
ABOUT THE PROPERTY
Located right on N Loop 250W, close to HEB, Sam's, hotels and restaurants. Great corner office spot right at the entrance to the shopping strip! This space features a large meeting room, an owner’s office, a reception area, smaller offices, two bathrooms, and a handy storage area in the back with an overhead door for easy loading and unloading. Rent is all-inclusive with no triple net. Convenient access to Highway 191 and Business 80. Please note, no restaurants, salons, or explosives are allowed. The lease is for three years and will be managed by the owner after signing.
- Air Conditioning
NEARBY MAJOR RETAILERS
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1304 N Loop 250 W
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