Remodeled Office Suite
For Lease
$499/Mo
4001 Penbrook, Odessa, TX 79762
SINGLE_FAMILY - Odessa, TX
Property Size144 SF
Days on Market128
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
144 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
(432) 230-3432
Listed By:
Donavon Earl · License #809777
(432) 230-3432
Added: Mar 26
Changed: Jun 14
Last Checked: Jul 31 at 12:06AM
MLS# 173470
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 is now leasing a range of office configurations, including single offices, multiple offices, and custom suite build-outs designed to fit different business requirements. The building is professionally managed and is currently undergoing a full remodel, with the goal of delivering a modern, higher-quality workplace. In addition to the suite-level options, tenants will have access to updated common areas and shared amenities intended to support day-to-day productivity.
Located at 4001 Penbrook in Odessa, Texas (Ector County), the property offers a straightforward way for teams of various sizes to secure an office in West Texas. Suites and offices that are not highlighted as unavailable are currently listed as available for leasing.
This offering is well suited for professional service firms, growing teams, or organizations that need the option to start in a smaller configuration or move into a multi-office layout or custom build-out. With a full interior refresh in progress and shared areas being updated, prospective tenants can plan for a contemporary working environment aligned with an office-operator workflow.
Located at 4001 Penbrook in Odessa, Texas (Ector County), the property offers a straightforward way for teams of various sizes to secure an office in West Texas. Suites and offices that are not highlighted as unavailable are currently listed as available for leasing.
This offering is well suited for professional service firms, growing teams, or organizations that need the option to start in a smaller configuration or move into a multi-office layout or custom build-out. With a full interior refresh in progress and shared areas being updated, prospective tenants can plan for a contemporary working environment aligned with an office-operator workflow.
Key Highlights
- Prime West Texas location
- Full remodel underway, creating a modern, high‑quality workspace
- Flexible options: single offices, multiple offices, or custom suite build‑outs
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
811
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
$21.3 /SF/Yr
Avg Asking Price
$4.31–$60 /SF/Yr
Price Range
6,909 SF
Avg Space Size
This space is priced 95% above the average of $21.3 /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 - Professionally managed office space with remodeling underway and flexible suite options to fit a range of business needs.
Where is this office units located?
The property is located at 4001 Penbrook Odessa, TX.
What is the lease rate?
The lease rate is $499 /Mo.
What are key features of this property?
This property features: Prime West Texas location; Full remodel underway, creating a modern, high‑quality workspace; Flexible options: single offices, multiple offices, or custom suite build‑outs
