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Remodeled Office Units
New
For Lease
$500/Mo per office

4001 Penbrook, Odessa, TX 79762

SINGLE_FAMILY - Odessa, TX

Space SizeContact for details
Days on Market2

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 168 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
Added: Aug 11 Last Checked: Aug 12 at 5:06AM
MLS# 176816

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 configurations ranging from individual rooms to multi-office arrangements and customized suite build-outs. The professionally managed property is undergoing a full remodel, with updated common areas and shared amenities included in the planned improvements. A 168-square-foot office unit is identified in the property information.

The building is located at 4001 Penbrook in Odessa, Texas. Originally built in 1977, the property features stucco construction, a flat roof, and chain-link fencing. Available spaces are identified on the property map by areas without color highlighting.

Key Highlights

  • Office configurations include individual offices, multiple offices, and custom suite build‑outs
  • Full remodel currently underway
  • Updated common areas and shared amenities planned

Property Analytics

Current Use

Ranger Guard Security Service KBOLA LLC Freight Service Thriveworks Counseling & Psychiatry ... Counselor Basin Plumbing HVAC Service Rachel Brooke Photography (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage Home Appliance Store Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

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

$98.05 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
10,580 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Individual offices, multi-office arrangements, and tailored suite build-outs are available.
Where is this office units located?
The property is located at 4001 Penbrook Odessa, TX.
What is the lease rate?
The lease rate is $500/Mo per office.
What are key features of this property?
This property features: Office configurations include individual offices, multiple offices, and custom suite build‑outs; Full remodel currently underway; Updated common areas and shared amenities planned
More about this property
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