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Bldg 5 3415 Loop 250
1,859 - 4,359 SF of Retail Space Available in Midland, TX 79707
Highlights
- Loop 250 TxDOT AADT (Annual Average Daily Traffic 2022): 66,466
- Pylon Signage Available
- Center is Anchored by: Little Woodrows, Tea2Go, HotWorx
- Unique Architecture with High-Quality Finishes
- Excellent Visibility
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 501 | 1,859 SF | Negotiable | £25.90 /SF/PA £2.16 /SF/MO £278.84 /m²/PA £23.24 /m²/MO £48,157 /PA £4,013 /MO | Triple Net | ||
| 1st Floor, Ste 502 | 2,500 SF | Negotiable | £25.12 /SF/PA £2.09 /SF/MO £270.39 /m²/PA £22.53 /m²/MO £62,799 /PA £5,233 /MO | Triple Net |
1st Floor, Ste 501
Nestled within the vibrant Borgata Shopping Center, (2) Retail Suites are available for Lease. Boasting excellent visibility and frontage on Loop 250, this location is primed to attract customers, with the added benefit of pylon signage for heightened visibility.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 502
- Lease rate does not include utilities, property expenses or building services
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 agent 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.
PROPERTY FACTS FOR 3415 Loop 250 , Midland, TX 79707
| Property Type | Retail | Total Land Area | 5.22 AC |
| Property Subtype | Storefront | Year Built | 2015 |
| Gross Internal Area | 46,847 SF | Parking Ratio | 0.81/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 46,847 SF |
| Total Land Area | 5.22 AC |
| Year Built | 2015 |
| Parking Ratio | 0.81/1,000 SF |
About the Property
Nestled within the vibrant Borgata Shopping Center, (2) Retail Suites are available for Lease. Boasting excellent visibility and frontage on Loop 250, this location is primed to attract customers, with the added benefit of pylon signage for heightened visibility. The Borgata Shopping Center in Midland is located at the Southwest corner of Loop 250 and Holiday Hill Road. Positioned to the south of the thriving Northgate subdivision, home to more than 25,000 residents, the shopping center experiences a consistent flow of customers. With four points of access and a signalized intersection, entering and exiting is very accessible.
- Signage
Nearby Major Retailers
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Trey Dennis -
Wes Gotcher -
Moriah Brokerage Services, LLC
Presented by
Bldg 5 | 3415 Loop 250
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