Remodeled Office
For Lease
$700/Mo
4001 Penbrook, Odessa, TX 79762
Commercial Sale, Odessa, TX
Space SizeContact for details
Days on Market25
Property Features for 4001 Penbrook
General Information
Property type
Residential
Property subtype
Office
Fencing
Chain Link
Subdivision
Winwood
Lot features
Lighted Parking, Corner Lot
Standard status
Active
APN
36800.01610.00000
Size
264 SF
Taxes and HOA fees
Tax Annual Amount
0
Building Details
Year built
1977
Building materials
Stucco
Roof type
Flat
Listing Agency:
D.E. The Home Boss Group LLC
Listed By:
Donavon Earl · License #809777
(432) 230-3432
Added: Aug 11
Changed: Aug 20
Last Checked: Sep 4 at 7:06AM
MLS# 176819
Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Permian Business Center offers office units with options ranging from individual offices to multi-office arrangements and custom suite build-outs. The building is undergoing a full remodel, with common areas and shared amenities being updated as part of the work. Available space is identified on the property map by areas without color highlighting.
The property is located at 4001 Penbrook in Odessa, Texas. The 1977 building features stucco construction, a flat roof, and chain-link fencing. Individual office units measure 264 square feet, providing a defined footprint for businesses seeking a smaller workspace or a broader configuration assembled from multiple offices.
The property is located at 4001 Penbrook in Odessa, Texas. The 1977 building features stucco construction, a flat roof, and chain-link fencing. Individual office units measure 264 square feet, providing a defined footprint for businesses seeking a smaller workspace or a broader configuration assembled from multiple offices.
Key Highlights
- 264‑square‑foot office units
- Single‑office, multi‑office, and custom suite configurations
- Full building remodel underway
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.77 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,186
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
Market
Lease Benchmarks for Odessa, TX
$87.28 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
8,725 SF
Avg Space Size
This space is priced 64% below the average of $87.28 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office configurations are available within a professionally managed building undergoing renovation.
Where is this office units located?
The property is located at 4001 Penbrook Odessa, TX.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: 264‑square‑foot office units; Single‑office, multi‑office, and custom suite configurations; Full building remodel underway
