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Red Oak Plaza 1401 N LOOP 250 1,283 - 4,688 SF of Retail Space Available in Midland, TX 79703
HIGHLIGHTS
- Heavy traffic
- Next to HEB
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 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
Loop 250 & 191 – High Traffic Pylon Signage Anchored by Dominos, Volcano, Potbelly, Verizon Wireless Beautiful, upscale architecture Excellent visibility Suite 6A / 3404 sqft Suite 8A / 1283 sqft Rental Rate $25-30/sqft Triple Net (NNN) Space Use – Retail or Office Available – Immediately Lease Rate does not include utilities, property expenses, or building services Space is in Excellent Condition Private Restroom(s) High Exposed/Drop Ceiling Loop 250 Frontage 120 Parking Spaces Year Built 2016
- 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.
SELECT TENANTS AT RED OAK PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Domino’s
- Pizza
- 9,073
- International
- Pristine Organic Cleaners
- Laundry
- 1
- Local
- Woof Gang Bakery & Grooming
- Pet Shop/Supplies
- 256
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Domino’s | Pizza | 9,073 | International |
| Pristine Organic Cleaners | Laundry | 1 | Local |
| Woof Gang Bakery & Grooming | Pet Shop/Supplies | 256 | International |
PROPERTY FACTS
| Total Space Available | 4,688 SF | Gross Leasable Area | 24,503 SF |
| Center Type | Neighborhood Center | Total Land Area | 2.84 AC |
| Stores | 12 | Year Built | 2016 |
| Center Properties | 3 |
| Total Space Available | 4,688 SF |
| Center Type | Neighborhood Center |
| Stores | 12 |
| Center Properties | 3 |
| Gross Leasable Area | 24,503 SF |
| Total Land Area | 2.84 AC |
| Year Built | 2016 |
ABOUT THE PROPERTY
RED OAK Plaza was established in 2016 and is known for outdoor areas, which include a variety of luxury retailers and high-end finishes within a comfortable warm setting. RED OAK plaza is considered a can’t-miss destination for international travelers as well as locals. The center provides a private setting for individuals to shop, browse, dine and even people watch. RED OAK Plaza is tactically located approximately Ten miles from the Midland International Airport, Six miles from Downtown and only one block away from the offices complex where is located Chevron Headquarters, OXY and Coterra. There's also Scharbauer Sports Complex Full-service baseball park & football/soccer stadium with a pavilion for concerts & other shows.
- 24 Hour Access
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
Presented by
RB Downtown Management
Red Oak Plaza | 1401 N LOOP 250
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