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Imperial Shopping Center 3211 Wadley Ave
2,100 SF of Retail Space Available in Midland, TX 79705
Highlights
- Iconic Midland Shopping Center | Fully Renovated in 2021
- Tremendous Market Exposure w/ 57,000+ Avg. Daily Traffic Counts
- Optimal Demographics w/136k population in 5-mile radius, 113k Daytime population w/ $113k HH Income
- Home to Midland's own Murray's Deli
- Directly across from top performing HEB Grocery store in Texas
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3B | 2,100 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3211 Wadley Ave - 1st Floor - Ste 3B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Exposed Ceiling
- Display Window
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 Imperial Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Benchmark Mortgage
- Finance and Insurance
- -
- -
- Edward Jones Financial
- Finance and Insurance
- -
- -
- Italian Village Restaurant
- Retailer
- -
- -
- Murray's Restaurant & Deli
- Restaurant
- 1
- Local
- Nothing Bundt Cakes
- Retailer
- -
- -
- Posh Pony Boutique
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Benchmark Mortgage | Finance and Insurance | - | - |
| Edward Jones Financial | Finance and Insurance | - | - |
| Italian Village Restaurant | Retailer | - | - |
| Murray's Restaurant & Deli | Restaurant | 1 | Local |
| Nothing Bundt Cakes | Retailer | - | - |
| Posh Pony Boutique | Retailer | - | - |
PROPERTY FACTS FOR 3211 Wadley Ave , Midland, TX 79705
| Center Type | Neighborhood Center | Gross Leasable Area | 78,858 SF |
| Parking | 300 Spaces | Total Land Area | 6.16 AC |
| Stores | 29 | Year Built | 1967 |
| Center Properties | 1 | Cross Streets | Wadley & Midkiff |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 300 Spaces |
| Stores | 29 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 78,858 SF |
| Total Land Area | 6.16 AC |
| Year Built | 1967 |
| Cross Streets | Wadley & Midkiff |
About the Property
For all lease-related opportunities, please contact Cassidy Remley @ 432-697-6401 (Leasing Office), 832-373-7550 (Cell) Cassidy@ImperialShoppingCenter.com PLEASE ALSO VISIT US ON OUR WEBSITE www.ImperialShoppingCenter.com ________________________________________________________________________ Imperial Shopping Center, a 78,858 square foot shopping center, is a multi-generational, family-owned shopping center located 3211 W. Wadley Avenue at the intersection of W. Wadley Avenue and N. Midkiff Road. In addition to several other well-known Midland retailers, Imperial Shopping Center is home to the famous Murray Restaurant & Deli. Imperial is located directly across from one of the top-performing HEB grocery stores in the state of Texas. Imperial's tenants benefit from unparalleled visibility and market exposure. Imperial strategically located at a 4-way signalized intersection with average daily traffic counts that exceed +/-57,000 cars. Imperial's location is supported by exceptional demographics. Within a 5-mile radius, there are 133,867 residents and a daytime population of more than 133,867 employees. Household incomes exceed $100k in a 1-mile, 3mile, and 5-mile radius of the shopping center. The shopping center is surrounded by several prominent residential communities, such as Imperial Heights, Providence Park, Kimber-Lea, Chesmire, and Trinity Meadows. We are also located less than 1 mile to the west of Midland Park Mall. In addition to these local traffic generators, we are in close proximity to Robert E Lee High School, Trinity High School, and Midland Christian, as well as several middle and lower school campuses.
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
Nearby Major Retailers
-
Cassidy Remley - Imperial Shopping Center
Presented by
Imperial Shopping Center
Imperial Shopping Center | 3211 Wadley Ave
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