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    4031 Medical Park Dr Odessa, TX 79765

    For Lease
    $30 SF/Yr

    Prime retail space, 10,500 sq ft vacant.

    Lot size:
    14,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional retail and restaurant opportunity is located at 4031 Medical Park Drive, Odessa, TX 79765. The property, built in 2024, offers a total of 14,830 square feet, with multiple tenancy options available. Spaces range from a minimum of 1,290 square feet to a maximum contiguous space of 3,700 square feet, allowing for flexibility to suit various business needs. Currently, 10,500 square feet are vacant, presenting a significant opportunity for expansion or new ventures. The 2.4-acre development, Paradigm Plaza, enjoys a highly visible corner location at Medical Park Drive and Bevo Lane, directly across from the Odessa Country Club Golf Course. This strategic location benefits from high traffic counts and proximity to numerous amenities, including fast-food restaurants (Chick-fil-A, Rosa's Café, Taco Villa, Texas Burger), banking facilities, medical offices, gas stations, hotels, and convenience stores (Stripes and Kent Kwik). Furthermore, the property's convenient access to major thoroughfares like Faudree Road and Highway 191 enhances its accessibility and visibility. The area is experiencing significant growth, with a planned $55 million sports complex slated for completion in Spring 2025, further boosting the area's appeal and potential for increased foot traffic and customer base. This property presents a rare opportunity to establish a presence in a thriving and rapidly developing commercial area of Odessa, Texas.

    Property Features for 4031 Medical Park Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,830 SF
    Total Rate
    37075

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Suite B1
    Size
    3,700 SF
    Rate per SF
    $31
    Space
    Suite 103
    Size
    1,260 SF
    Rate per SF
    $30
    Space
    Suite 104
    Size
    1,560 SF
    Rate per SF
    $30

    HighLights

    • High‑traffic location.
    • Retail zoning.
    • Strong co‑tenancy including Chick‑fil‑A, Texas Burger, Taco Villa, Rosa's Cafe, Wendy's, UPS Store, Tractor Supply, and Osaka.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Odessa
    County
    Odessa
    State
    Texas
    Longitude
    -102.285367
    Latitude
    31.9172954

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    FAQs

    What type of property is this?
    Restaurant - Prime retail space, 10,500 sq ft vacant.
    Where is this restaurant located?
    The property is located at 4031 Medical Park Dr Odessa, TX.
    What is the lease rate?
    The lease rate is $30-$31 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location.; Retail zoning.; Strong co-tenancy including Chick-fil-A, Texas Burger, Taco Villa, Rosa's Cafe, Wendy's, UPS Store, Tractor Supply, and Osaka.
    Request Owner's contact information
    4031 Medical Park Dr Odessa, TX 79765
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    Odessa, TX 79765
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4031 Medical Park Dr Odessa, TX 79765
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