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500 W Illinois Ave
Midland, TX 79701 Downtown Midland

$23.50 USD/SF/YR

Office For Lease  •  3,500+ SF

Property Details

  • Property Type Office
  • Year Built 1983
  • Total Building Size 182,062 SF
  • Tenancy Multiple
  • Building Class A
  • Zoning C-1
0 Transit Score
57 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100 Office 3,500-14,424 SF $23.50 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet
2nd Floor Ste 290 Office 2,982 SF $23.50 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
7th Floor Ste 725 Office 3,921 SF $23.50 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
9th Floor Ste 900 Office 3,500-14,424 SF $23.50 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Full Service Gross
  • Space Type: Relet

Description

This elegant black glass and granite office building is located in the heart of Midland's Central Business District, making it a standout landmark in the downtown skyline. The 13-story, Class A, multi-tenant office tower boasts 182,062 square feet of prime office space and includes an 8-story parking garage situated on a 0.96-acre lot. Originally built in 1984, the building underwent a comprehensive renovation in 2019, enhancing both its mechanical systems and aesthetic design. With its modern upgrades, it now offers a sophisticated and efficient environment for tenants. A staple in Midland’s business community, this iconic tower is not just a building, but a symbol of the city’s growth and development.

Office suites are available within the One Community Centre Building, located at the intersection of Illinois Avenue and Marienfeld Street. This prime location sits just north of the Fasken Center and Wells Fargo, and to the east of the ConocoPhillips campus. The building is conveniently within walking distance of the Petroleum Club, Centennial Park, the Bush Convention Center, and a variety of downtown restaurants and retail shops.

Highlights

Recent Building Updates to Common Areas, HVAC, Roof & Elevators
Functional Floor Plates for Small or Medium Sized Tenants
Sprinklered
Onsite Parking Garage

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Community National Bank
Cotton Bledsoe Tighe & Dawson, PC Attorneys at Law 2/28/2027
Endeavor Energy Resources Lp
Kelly Hart
Southwest Commercial Investments, Inc.
Transwestern Real Estate Services
Xto Energy Inc 1/31/2021

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 17 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 361
Type: Covered
Included in Rent: Yes
John Elphick 432-553-9253 Moriah Group
John Elphick 432-553-9253 Moriah Group