Remodeled Office
For Lease
$400/Mo
4001 Penbrook, Odessa, TX 79762
Professionally managed office property offering individual offices, multi-office configurations, and customizable suite layouts.
Space SizeContact for details
Days on Market12
Property Features for 4001 Penbrook
General Information
Standard status
Active
Additional Details
Space Use
Office
Building Details
Year Built
1977
Listing Agency:
D.E. The Home Boss Group LLC
(432) 230-3432
Listed By:
Donavon Earl · License #809777
Source:
Raftercrossrealty
Added: Aug 18
Changed: Aug 26
Last Checked: Aug 29 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of D.E. The Home Boss Group LLC
Investment Insights
Based on property information with market context.
Permian Business Center offers office units in a professionally managed building constructed in 1977. Available configurations include individual offices, multiple-office arrangements, and custom suite build-outs to accommodate different business requirements. The property is undergoing a full remodel, with work focused on creating updated workspace interiors and refreshed common areas.
Shared amenities are being incorporated to support day-to-day productivity and collaboration. The property is located in Odessa, Texas, providing office space options for businesses seeking a flexible configuration within an actively improved commercial building.
Shared amenities are being incorporated to support day-to-day productivity and collaboration. The property is located in Odessa, Texas, providing office space options for businesses seeking a flexible configuration within an actively improved commercial building.
Key Highlights
- Individual offices, multi‑office layouts, and custom suite build‑outs available
- Full building remodel underway
- Updated common areas and shared amenities planned
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.43 /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
$89.03 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
8,685 SF
Avg Space Size
This space is priced 52% below the average of $89.03 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Professionally managed office property offering individual offices, multi-office configurations, and customizable suite layouts.
Where is this office units located?
The property is located at 4001 Penbrook Odessa, TX.
What is the lease rate?
The lease rate is $400/Mo.
What are key features of this property?
This property features: Individual offices, multi‑office layouts, and custom suite build‑outs available; Full building remodel underway; Updated common areas and shared amenities planned
