Midland, Texas, a city situated in the Permian Basin, is an ideal location for Industrial Space, offering a unique blend of economic growth, infrastructure, and amenities. With its rich history in oil and natural gas production, Midland has evolved into a regional telecommunications and distribution center, making it an attractive destination for businesses. The city's proximity to major transportation facilities, including the Midland International Air and Space Port, Loop 250, and Interstate 20, ensures easy access to markets and resources. Additionally, Midland is home to several prominent institutions, such as the Permian Basin Petroleum Museum and The Museum of the Southwest, which contribute to its cultural and economic landscape.
Midland's Industrial Space For Lease market offers a range of opportunities, with 90 listings available. The average annual rent per square foot is $18 USD, with sizes ranging from 875 square feet to 93,375 square feet. In addition to Industrial Space, Midland also offers Flex Space, Commercial Real Estate, Land, and Restaurants For Lease, catering to diverse business needs. The city's strong economy, driven by petroleum exploration and extraction, regional telecommunications, and distribution, creates a favorable environment for businesses to thrive. With its unique blend of amenities, infrastructure, and economic opportunities, Midland is an attractive destination for businesses seeking Industrial Space For Lease.
What is the average size of industrial space for lease in the Midland market?
In the Midland market, the average size of industrial space for lease is 8,498 square feet, with a range of options available, from smaller spaces to larger facilities of up to 93,375 square feet, catering to various business needs and requirements.
What do I need to look for when leasing an industrial space in Midland?
When leasing an industrial space in Midland, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $18 USD per square foot, and average space size, which is around 8,498 square feet, to determine your budget and space requirements.
- Proximity to major transportation facilities, such as the Midland International Air and Space Port, Loop 250, and Interstate 20, to ensure easy access to your target market and supply chain.
- Availability of amenities, such as healthcare facilities, parks, and sports venues, to support your employees' quality of life and attract top talent to your business.
With 90 available listings of industrial space in Midland, you'll want to carefully evaluate these factors to find the perfect property for your business.
