500 W Illinois - 5th Floor

500 W Illinois Ave, Midland, TX 79701

Property Information

  • For Lease $23.75/SF/YR
  • Property Type Office - General Office
  • Property Size 182,062 SF
  • Units 55
  • Lot Size 0.96 Acre
  • Building Class A
  • Year Built 1984
  • Year Renovated 2019
  • Date Updated Aug 31, 2026

Description

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.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.

Highlights

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

1 Space Available

5th Floor

Space Type

Office

Lease Rate

$23.75/SF/YR

Total Space

12,712 SF

Divisible Space

12,712 - 12,712 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 500 W Illinois Ave, Midland, TX 79701, this property is part of the Homestead-Original Town neighborhood and Midland Odessa market.

Contact Listing Broker
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