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6409 N Big Spring St
1,000 - 3,500 SF of Retail Space Available in Midland, TX 79706
Highlights
- Limited Retail Space Available in one of the fastest growing residential development areas in Permian Basin
- Pylon signage available | Excellent Visibility from TX-349
- New Construction | Shell Space
- Delivery: Q2 2024
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | Building 2 | 1,000 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $2,333 /MO $28,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2A | Building 1 | 1,250 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $2,917 /MO $35,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2B | Building 1 | 1,250 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $301.39 /m²/YR $25.12 /m²/MO $2,917 /MO $35,000 /YR | Triple Net (NNN) |
1st Floor, Ste 2 | Building 2
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 2A | Building 1
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 2B | Building 1
- 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 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.
PROPERTY FACTS FOR 6409 N Big Spring St , Midland, TX 79706
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront | Construction Status | Under Construction |
| Gross Leasable Area | 8,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,500 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
Situated along TX-349 in Northeast Midland and boasting more than 200 feet of highway frontage, this newly designated retail development site, Estes Park, is a prime location - guaranteeing excellent visibility for passing drivers. The current traffic volume on TX-349 averages approximately 19,000 vehicles. Situated in one of the fastest-growing residential development areas in Midland, a brand-new retail shopping center is on the rise, bringing a fresh and dynamic addition to the community. The center's new construction will feature unique architectural design, paired with high-quality finishes. Tenants will also have the advantage of a Tenant Improvement (TI) Allowance, allowing for personalized customization, while the option for Shell space provides versatility to cater to diverse business needs. The area will continue to see growth with 2,000 residential homes coming to market soon.
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6409 N Big Spring St
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