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Retail Space in Paradigm Plaza
For Lease
$4,500/Mo

Medical Park Drive, Odessa, TX 79765

COMMERCIAL - Odessa, TX

Property Size1,800 SF
Lot Size2.45 Acres
Days on Market61

Property Features for Medical Park Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Lot features Lighted Parking
Subdivision MM1
Standard status Active
APN 00067350.001.0120
Size 1,800 SF
Lot size 2.45 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Utilities Cable Available

Building Details

Year built 2026
Listing Agency: The Real Estate Ranch LLC
Listed By: Thomas Johnston · License #542176
Added: Jun 1 Last Checked: Jul 31 at 1:06AM
MLS# 175088

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.

Paradigm Plaza Phase II offers a retail space opportunity in Odessa, Texas. One space remains available in Phase I, Building B, encompassing 1800 square feet. The property is part of an electrifying development within Paradigm Plaza. The surrounding tenants include Ray's Italian Bistro, which is already operating. Additional upcoming tenants include Amare Gelato, a hair extensions salon, American Nails, and Tea2Go (Tea Energy). The property is located on Medical Park Drive in Odessa, Texas, within the 79765 postal code and Midland County. The lot size is 2.45 acres.

Key Highlights

  • Located in Paradigm Plaza - Phase II, an electrifying new development.
  • Space available in Building B - 1800 Sq feet.
  • Surrounded by operating businesses, including Ray's Italian Bistro.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 79765, TX

21,163
Population
9,709
Households
2.2
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
23.4 sq mi
ZIP Area
904
Density / Sq Mi
$100,844
Median Household Income
$53,204
Median Earnings
$1,535
Median Rent
$299,800
Median Home Value

Market

Lease Benchmarks for Odessa, TX

$21.12 /SF/Yr
Avg Asking Price
$3.99–$30 /SF/Yr
Price Range
5,723 SF
Avg Space Size

This space is priced 42% above the average of $21.12 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in an electrifying development in Odessa, TX.
Where is this retail space located?
The property is located at Medical Park Drive Odessa, TX.
What is the lease rate?
The lease rate is $4,500 /Mo.
What are key features of this property?
This property features: Located in Paradigm Plaza - Phase II, an electrifying new development.; Space available in Building B - **1800 Sq feet.**; Surrounded by operating businesses, including Ray's Italian Bistro.
More about this property
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