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Second- Gen Restaurant Space | Rankin Plaza 1901 Rankin Hwy 1,800 SF of Retail Space Available in Midland, TX 79701
Sublease Highlights
- End-Cap Suite
- Rankin Highway Frontage
- Located Near a Variety of Shops, Restaurants, and Services
- High-Traffic Location | VPD: 24,918
- Ample Open Parking for Customers and Employees
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 110 | 1,800 SF | Negotiable | $43.46 CAD/SF/YR $3.62 CAD/SF/MO $78,221 CAD/YR $6,518 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 110
Second-generation restaurant space available for sublease, totaling 1,800 SF. The layout is well-suited for a restaurant concept, but can also be adapted for retail or office use. The space includes an existing grease trap, making it ideal for food service operations with minimal buildout required. Located in a high-traffic retail corridor, the property is surrounded by established tenants including Hibachi Express, Melrose Family Fashions, Cricket Wireless, Whataburger, Chick-fil-A, and Rosa’s Tortilla Factory. Suite 110 is positioned along Rankin Highway, one of Midland’s busiest commercial corridors, just half a mile from I-20. This end-cap location offers access from both Rankin Highway and W. Stokes Avenue, providing excellent visibility and convenient, easy access for customers.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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 Second- Gen Restaurant Space | Rankin Plaza
- Tenant
- Description
- US Locations
- Reach
- CPR Cell Phone Repair
- Consumer Electronics
- 531
- International
- Cricket
- Wireless Communications
- 5,957
- National
- Fresh Donuts
- Retailer
- 1
- -
- MIDLAND HIBACHI EXPRESS, LLC
- Retailer
- 1
- -
- My Melrose
- Unisex Apparel
- 90
- National
- Rankin Nail Salon
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| CPR Cell Phone Repair | Consumer Electronics | 531 | International |
| Cricket | Wireless Communications | 5,957 | National |
| Fresh Donuts | Retailer | 1 | - |
| MIDLAND HIBACHI EXPRESS, LLC | Retailer | 1 | - |
| My Melrose | Unisex Apparel | 90 | National |
| Rankin Nail Salon | Retailer | 1 | - |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 20,850 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Storefront | Parking Ratio | 5.28/1,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 20,850 SF |
| Year Built | 2015 |
| Parking Ratio | 5.28/1,000 SF |
About the Property
Second-generation restaurant space available for sublease, totaling 1,800 SF. The layout is well-suited for a restaurant concept, but can also be adapted for retail or office use. The space includes an existing grease trap, making it ideal for food service operations with minimal buildout required. Located in a high-traffic retail corridor, the property is surrounded by established tenants including Hibachi Express, Melrose Family Fashions, Cricket Wireless, Whataburger, Chick-fil-A, and Rosa’s Tortilla Factory. Suite 110 is positioned along Rankin Highway, one of Midland’s busiest commercial corridors, just half a mile from I-20. This end-cap location offers access from both Rankin Highway and W. Stokes Avenue, providing excellent visibility and convenient, easy access for customers.
Nearby Major Retailers
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Second- Gen Restaurant Space | Rankin Plaza | 1901 Rankin Hwy
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