Office Suites with Custom
4001 Penbrook, Odessa, TX 79762
For Lease
$400/Mo
Commercial Sale, Odessa, TX
Space SizeContact for details
Days on Market92
Property Features for 4001 Penbrook
General Information
Property type
Property subtype
Fencing
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Building materials
Roof type
Listing Agency:
D.E. The Home Boss Group LLC
Listed By:
Donavon Earl · License TX #809777
(432) 230-3432
Added: Aug 11
Changed: Oct 8
Last Checked: Nov 10 at 10:06AM
MLS# 176815
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.
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Investment Insights
Based on property information with market context.
Office space at 4001 Penbrook in Odessa is offered as individual offices, combinations of offices, or custom suite build-outs. The property is undergoing a full remodel, with updated shared areas planned. The building was constructed in 1977 and has stucco exterior walls and a flat roof.
Key Highlights
- Individual offices, multi‑office configurations, and custom suite build‑outs are offered
- The property is undergoing a full remodel
- Building constructed in 1977
Property Analytics
Who owns this building?
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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
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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
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Market
Lease Benchmarks for Odessa, TX
$132 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
8,388 SF
Avg Space Size
This space is priced 68% below the average of $132 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Odessa, TX
Properties on Market for Office Units in Odessa
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professionally managed space offers individual offices and options for combining offices or configuring a suite.
Where is this office unit 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 configurations, and custom suite build‑outs are offered; The property is undergoing a full remodel; Building constructed in 1977
