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Highlights
- Multiple suites available, suitable for retail, office, medical, service, or mixed-use tenants
- Located on FM 307 in the rapidly expanding Greenwood submarket—one of the Permian Basin’s key growth areas
- Spaces can be leased individually or combined to create larger, customized footprints
- Easy access to I-20, Competitive lease rates (contact listing broker for details and current availability)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-6,000 SF | 3-7 Years | $38.35 CAD/SF/YR $3.20 CAD/SF/MO $230,096 CAD/YR $19,175 CAD/MO | Triple Net (NNN) |
1st Floor
8728 FM 307, Midland, TX 79706 Prime commercial leasing opportunity in the fast-growing Greenwood area of Midland, TX.? This high-visibility property offers up to eight available lease spaces with flexible configurations starting at 1,500 SF, with the option to combine units for tenants needing larger layouts.? Positioned along FM 307—an active corridor with strong traffic counts and close proximity to residential communities, schools, and expanding retail—this site provides excellent exposure for a wide range of retail, office, and service-based users.? Location Overview Situated along the well-traveled FM 307 corridor in Midland’s rapidly expanding Greenwood area, this property benefits from exceptional visibility and convenient access to key residential and commercial hubs.? The surrounding submarket has experienced significant growth driven by new housing developments, expanding school facilities, and ongoing retail and service-sector investment.? Its proximity to I-20 enhances regional connectivity, making it an ideal location for businesses seeking strong traffic exposure and accessibility for customers across the Midland–Odessa area.? The Greenwood community continues to attract families and professionals, creating consistent demand for retail, office, medical, and service-oriented businesses.? With increasing vehicle counts and steady population growth, this corridor has become one of the Permian Basin’s most active and desirable commercial zones.?
- Lease rate does not include utilities, property expenses or building services
- Multiple suites available, suitable for retail
- office, medical, service, or mixed-use tenants
- Spaces can be leased individually or combined to c
- Located on FM 307 in the rapidly expanding area
- Easy access to I-20
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
| Total Space Available | 6,000 SF | Property Subtype | Storefront |
| Min. Divisible | 1,500 SF | Gross Leasable Area | 12,000 SF |
| Property Type | Retail | Year Built | 2025 |
| Total Space Available | 6,000 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,000 SF |
| Year Built | 2025 |
About the Property
8805 FM 307, Midland, TX 79706 Prime commercial leasing opportunity in the fast-growing Greenwood area of Midland, TX. This high-visibility property offers up to eight available lease spaces with flexible configurations starting at 1,500 SF, with the option to combine units for tenants needing larger layouts.? Positioned along FM 307—an active corridor with strong traffic counts and close proximity to residential communities, schools, and expanding retail—this site provides excellent exposure for a wide range of retail, office, and service-based users. Location Overview Situated along the well-traveled FM 307 corridor in Midland’s rapidly expanding Greenwood area, this property benefits from exceptional visibility and convenient access to key residential and commercial hubs. The surrounding submarket has experienced significant growth driven by new housing developments, expanding school facilities, and ongoing retail and service-sector investment.? Its proximity to I-20 enhances regional connectivity, making it an ideal location for businesses seeking strong traffic exposure and accessibility for customers across the Midland–Odessa area. The Greenwood community continues to attract families and professionals, creating consistent demand for retail, office, medical, and service-oriented businesses. With increasing vehicle counts and steady population growth, this corridor has become one of the Permian Basin’s most active and desirable commercial zones.
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8805 FM 307
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