Odessa, Texas, is a prime destination for businesses looking to establish a strong presence in the region, and Office Space for Lease is an attractive option for companies seeking to capitalize on the city's growing economy. With a population of around 120,000, Odessa offers a unique blend of small-town charm and big-city amenities, making it an ideal location for businesses of all sizes. The city's strategic location above the Permian Basin, a significant sedimentary deposit containing oil and natural gas reserves, has driven rapid population and economic growth, with major employers in the oilfield supply and petrochemical processing industries. Additionally, Odessa is home to the University of Texas of the Permian Basin and Texas Tech University Health Sciences Center Permian Basin Campus, providing access to a skilled workforce and cutting-edge research facilities. The city's infrastructure is well-developed, with major transportation facilities including Interstate 20, Midland International Air and Space Port, and Odessa-Schlemeyer Field, ensuring easy connectivity to regional and national markets.
Odessa's Office Space for Lease market offers a range of options, with 27 available listings. The average annual rent per square foot is $19 USD, with spaces ranging in size from 187 square feet to 100,000 square feet. In addition to Office Space, Odessa also offers a range of other property types, including Coworking Space, ideal for startups and entrepreneurs; Flex Space, perfect for businesses requiring a mix of office and warehouse space; Medical Offices, catering to the healthcare industry; and Retail Space, suitable for businesses looking to establish a strong retail presence. With its unique blend of economic growth, infrastructure, and amenities, Odessa is an attractive destination for businesses seeking to establish a strong presence in the region.
What is the average size of office space for lease in the Odessa market?
In the Odessa office space market, the average size of available listings is 3,668 square feet, with a total of 27 listings available, offering a range of options from small to large spaces, including a maximum size of 100,000 square feet.
Are there different types of office space leases available?
In Odessa, Texas, where there are currently 27 available listings of office space, you can find various types of office space leases to suit your business needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities like parking and security, with an average annual rent of $19 USD per square foot;
- Modified gross leases, which may include some utilities and amenities, but not all, with an average size of 3,668 square feet;
- Triple net leases, which require tenants to pay for all operating expenses, including utilities, maintenance, and property taxes, with a maximum space size of 100,000 square feet.
