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Office Suites for Lease 500 W Illinois Ave 2,982 - 35,751 SF of 4-Star Office Space Available in Midland, TX 79701

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HIGHLIGHTS

  • Recent Building Updates to Common Areas, HVAC, Roof & Elevators
  • Sprinklered
  • Functional Floor Plates for Small or Medium Sized Tenants
  • Onsite Parking Garage

ALL AVAILABLE SPACES(4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 100
  • 3,500-14,424 SF
  • Negotiable
  • $32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • Space is in Excellent Condition
  • 2nd Floor, Ste 290
  • 2,982 SF
  • Negotiable
  • $32.80 CAD/SF/YR $2.73 CAD/SF/MO $97,822 CAD/YR $8,152 CAD/MO
  • Office
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 7th Floor, Ste 725
  • 3,921 SF
  • Negotiable
  • $32.80 CAD/SF/YR $2.73 CAD/SF/MO $128,625 CAD/YR $10,719 CAD/MO
  • Office
  • -
  • Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 9th Floor, Ste 900
  • 3,500-14,424 SF
  • Negotiable
  • $32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 100 3,500-14,424 SF Negotiable $32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO Office - Now
2nd Floor, Ste 290 2,982 SF Negotiable $32.80 CAD/SF/YR $2.73 CAD/SF/MO $97,822 CAD/YR $8,152 CAD/MO Office - Now
7th Floor, Ste 725 3,921 SF Negotiable $32.80 CAD/SF/YR $2.73 CAD/SF/MO $128,625 CAD/YR $10,719 CAD/MO Office - Now
9th Floor, Ste 900 3,500-14,424 SF Negotiable $32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO Office - Now

1st Floor, Ste 100

Size
3,500-14,424 SF
Term
Negotiable
Rental Rate
$32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO
Space Use
Office
Condition
-
Available
Now

2nd Floor, Ste 290

Size
2,982 SF
Term
Negotiable
Rental Rate
$32.80 CAD/SF/YR $2.73 CAD/SF/MO $97,822 CAD/YR $8,152 CAD/MO
Space Use
Office
Condition
-
Available
Now

7th Floor, Ste 725

Size
3,921 SF
Term
Negotiable
Rental Rate
$32.80 CAD/SF/YR $2.73 CAD/SF/MO $128,625 CAD/YR $10,719 CAD/MO
Space Use
Office
Condition
-
Available
Now

9th Floor, Ste 900

Size
3,500-14,424 SF
Term
Negotiable
Rental Rate
$32.80 CAD/SF/YR $2.73 CAD/SF/MO $473,167 CAD/YR $39,431 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 100

Size 3,500-14,424 SF
Term Negotiable
Rental Rate $32.80 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses
  • Space is in Excellent Condition

2nd Floor, Ste 290

Size 2,982 SF
Term Negotiable
Rental Rate $32.80 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses

7th Floor, Ste 725

Size 3,921 SF
Term Negotiable
Rental Rate $32.80 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Listed rate may not include certain utilities, building services and property expenses

9th Floor, Ste 900

Size 3,500-14,424 SF
Term Negotiable
Rental Rate $32.80 CAD/SF/YR
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses
  • Space is in Excellent Condition

PROPERTY OVERVIEW

This elegant black glass and granite office building is located in the heart of Midland's Central Business District, making it a standout landmark in the downtown skyline. The 13-story, Class A, multi-tenant office tower boasts 182,062 square feet of prime office space and includes an 8-story parking garage situated on a 0.96-acre lot. Originally built in 1984, the building underwent a comprehensive renovation in 2019, enhancing both its mechanical systems and aesthetic design. With its modern upgrades, it now offers a sophisticated and efficient environment for tenants. A staple in Midland’s business community, this iconic tower is not just a building, but a symbol of the city’s growth and development. Office suites are available within the One Community Centre Building, located at the intersection of Illinois Avenue and Marienfeld Street. This prime location sits just north of the Fasken Center and Wells Fargo, and to the east of the ConocoPhillips campus. The building is conveniently within walking distance of the Petroleum Club, Centennial Park, the Bush Convention Center, and a variety of downtown restaurants and retail shops.

PROPERTY FACTS

Building Type
Office
Year Built
1983
LoopNet Rating
4 Star
Building Height
13 Stories
Building Size
182,062 SF
Building Class
A
Typical Floor Size
14,424 SF
Parking
361 Covered Parking Spaces

SELECT TENANTS

  • FLOOR
  • TENANT NAME
  • INDUSTRY
  • 2nd
  • Community National Bank
  • Finance and Insurance
  • Multiple
  • Cotton Bledsoe Tighe & Dawson, PC Attorneys at Law
  • Professional, Scientific, and Technical Services
  • Multiple
  • Endeavor Energy Resources Lp
  • Construction
  • 8th
  • Kelly Hart
  • Professional, Scientific, and Technical Services
  • 2nd
  • Southwest Commercial Investments, Inc.
  • Real Estate
  • 2nd
  • Transwestern Real Estate Services
  • Real Estate
  • Multiple
  • Xto Energy Inc
  • Mining, Quarrying, and Oil and Gas Extraction
  • Listing ID: 35861905

  • Date on Market: 2025-07-25

  • Last Updated:

  • Address: 500 W Illinois Ave, Midland, TX 79701

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