1410 Rankin HwyMidland, TX 79701

For Lease
$25.08/SF/YR

Midland, TX Office Suites Available

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 5,400 square foot office building, located at 1410 Rankin Hwy in Midland, Texas, presents a unique investment opportunity. Recently renovated in 2024, this single-story, Class C building sits on a 0.337-acre lot (14,700 sq ft) and offers three available suites ranging from 160 to 865 contiguous square feet. The property boasts 15 total parking spaces, including covered parking, and benefits from high visibility due to its Rankin Highway frontage. The flexible space is suitable for various uses, including traditional office, medical office, coworking, and creative office settings. Each suite is divisible into smaller individual offices, providing adaptability for diverse tenant needs. Shared amenities include a convenient breakroom/kitchen, two sets of hall bathrooms, and a furnished lobby. The property's zoning is Regional Retail. The building's annual property taxes are $0.80 per square foot. Landlord pays for water, sewer, electricity, gas, common area maintenance, and janitorial services. Tenants are responsible for their own suite's janitorial upkeep. A preferred lease term is 3-5 years with a 3% annual cost of living increase. One suite is already leased and occupied. The APN is R000057950.

Highlights

  • Ample covered parking available.
  • Multiple suites for lease, various sizes.
  • Individual office suites available for lease.
  • Shared amenities include a break room and furnished lobby.
  • Recently renovated.

Property Details for 1410 Rankin Hwy

Property type
Other office properties, Office space
RSF (Rentable sq. ft)
5,400 SF
Class
C
Year Built/Renovated
1981/2024
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 2
Size
389 SF
Rate per SF
$25.08
Space
Suite 3
Size
525 SF
Rate per SF
$25.08
Space
Suite 4
Size
865 SF
Rate per SF
$25.08

Location Insight

City
Midland
County
Midland
State
Texas
Latitude
31.982916448043
Longitude
-102.07732734408
1410 Rankin Hwy, Midland, Texas

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1410 Rankin Hwy
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