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Red Oak Plaza 1307 N Loop 250 W 1,283 - 4,688 SF of Retail Space Available in Midland, TX 79706
Highlights
- Flexible, turnkey office and retail suites available within a performing luxury shopping center, ideal for a wide range of commercial ventures.
- Shadow-anchored by H-E-B and placed just off the Interchange of Loop 250 and Highway 191, tenants enjoy exposure to more than 45,000 daily vehicles.
- Near major demand drivers, including the Scharbauer Sports Complex and the office complex that houses Chevron’s HQ, OXY, and Coterra.
- Enjoy strong cross-traffic from industry-leading brands like Domino’s, Volcano, Potbelly, Verizon Wireless, and more.
- Just 10 miles from Midland International Airport, with many major flag hotels within walking distance, offering a valuable built-in customer base.
- Supported by a 5-mile population of more than $108,000, with an average household income over $108,000 and annual spending exceeding $1.3 billion.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6A | 3,405 SF | Negotiable | $26.50 /SF/YR $2.21 /SF/MO $90,233 /YR $7,519 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 1,283 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $35,924 /YR $2,994 /MO | Triple Net (NNN) |
1307 N Loop 250 W - 1st Floor - Ste 6A
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Space Use – Retail or Office
- High Exposed/Drop Ceiling
- Space is in Excellent Condition
- Beautiful, upscale architecture
- Loop 250 & 191 – High Traffic
- Pylon Signage
1307 N Loop 250 W - 1st Floor - Ste 8
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- Loop 250 & 191
- Space in great condition
- Patio included
- Restroom
- Pylon signage
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.
Matterport 3D Tour
Select Tenants at Red Oak Plaza
- Tenant
- Description
- US Locations
- Reach
- Domino’s
- Pizza
- 9,068
- International
- Potbelly Sandwich Works
- Sub Sandwich
- 536
- International
- Pristine Organic Cleaners
- Laundry
- 1
- Local
- Verizon
- Wireless Communications
- 7,964
- International
- Woof Gang Bakery & Grooming
- Pet Shop/Supplies
- 257
- International
| Tenant | Description | US Locations | Reach |
| Domino’s | Pizza | 9,068 | International |
| Potbelly Sandwich Works | Sub Sandwich | 536 | International |
| Pristine Organic Cleaners | Laundry | 1 | Local |
| Verizon | Wireless Communications | 7,964 | International |
| Woof Gang Bakery & Grooming | Pet Shop/Supplies | 257 | International |
Property Facts
| Total Space Available | 4,688 SF | Center Properties | 3 |
| Center Type | Neighborhood Center | Gross Leasable Area | 24,503 SF |
| Parking | 134 Spaces | Total Land Area | 4.47 AC |
| Stores | 12 | Year Built | 2016 |
| Total Space Available | 4,688 SF |
| Center Type | Neighborhood Center |
| Parking | 134 Spaces |
| Stores | 12 |
| Center Properties | 3 |
| Gross Leasable Area | 24,503 SF |
| Total Land Area | 4.47 AC |
| Year Built | 2016 |
About the Property
Join one of Midland’s premier shopping destinations with the turnkey commercial suites available at Red Oak Plaza, located at 1307 N Loop 250 W in Midland, Texas. Offering versatile and fully built-out retail and office space, this rare opportunity presents a best-in-class leasing opportunity for a wide range of food service, professional office, general retail, or service-based businesses. Red Oak Plaza comprises a thriving neighborhood with a variety of industry-leading retailers within a luxury property that boasts high-end finishes and vibrant outdoor areas. The upscale shopping center was originally built in 2016 and enjoys prime placement on a highly visible lot with abundant parking for staff and customers. New tenants at the center will enjoy strong cross-traffic from an impressive tenant mix that includes Domino’s, Volcano, Potbelly, Verizon, and more. Suite 6A provides a fully built-out office space with 3,405 square feet available for immediate occupancy. The unit includes a flexible layout, with a lobby/reception area, private offices, a large breakroom, and private ADA-compliant restrooms. Suite 8 provides a versatile endcap measuring 1,283 square feet with a food service build-out, including an open dining area, a large service counter, and a spacious patio for outdoor seating. Both spaces offer NNN lease terms, ensuring greater operational control. Positioned directly off the interchange of Loop 250 and Highway 191, Red Oak Plaza presents a high-traffic location for retailers with convenient regional connectivity. More than 45,000 vehicles pass by the property on the highway each day, and tenants can leverage highly visible suite and pylon signage to capitalize on this robust exposure. The site also neighbors an H-E-B, Texas’s top grocery chain, drawing added daily traffic to the area. In addition to local customers, the area sees a large amount of visitor traffic, with proximity to Midland International Airport (10 miles) and a large number of major flag hotels within walking distance, delivering a valuable built-in audience. Midland provides a lucrative environment for growing retailers, driven by a strong demographic profile within just 5 miles of Red Oak Plaza. More than 108,000 residents call the area home, with an average household income of $108,676. This affluent customer base offers strong support for over 6,400 businesses in the area with annual spending of more than $1.3 billion. Contact Gabriel Reynoso today to schedule a tour and learn more about this incredible opportunity.
- 24 Hour Access
Demographics
Demographics
Nearby Major Retailers
Presented by
RB Downtown Management
Red Oak Plaza | 1307 N Loop 250 W
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