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4031 Medical Park Drive Paradigm Plaza Retail Space for Lease
1,260 - 6,520 SF of Retail Space Available in Odessa, TX 79765
Highlights
- Heavy traffic, Zoning Retail, Surrounding Retail: Chick-fil-A, Texas Burger, Taco Villa, Rosa's Cafe, Wendy's UPS Store, Tractor Supply, Osaka
Space Availability (3)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 103 | 1,260 SF | 5 Years | £21.91 /SF/PA £1.83 /SF/MO £235.82 /m²/PA £19.65 /m²/MO £27,605 /PA £2,300 /MO | Triple Net | ||
| 1st Floor, Ste 104 | 1,560 SF | 5 Years | £21.91 /SF/PA £1.83 /SF/MO £235.82 /m²/PA £19.65 /m²/MO £34,177 /PA £2,848 /MO | Triple Net | ||
| 1st Floor, Ste B1 | 3,700 SF | 5 Years | £21.91 /SF/PA £1.83 /SF/MO £235.82 /m²/PA £19.65 /m²/MO £81,062 /PA £6,755 /MO | Triple Net |
1st Floor, Ste 103
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 104
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste B1
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR Paradigm Plaza Retail Space for Lease , Odessa, TX 79765
| Property Type | Retail | Year Built | 2024 |
| Gross Internal Area | 14,830 SF | Construction Status | Under Construction |
| Property Type | Retail |
| Gross Internal Area | 14,830 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
A 2.4 AC Development. Paradigm Plaza is located at the corner of Medical Park Drive and Bevo Lane across from the Odessa Country Club Golf Course. This retail development is surrounded by convenient businesses including fast food, banking facilities, medical offices, gas stations, and hotels. Fast food locations include Chick-fil-A, Rosa's Café, Taco Villa and Texas Burger. Plaza is in the distance of Stripes Convenient store as well as Kent Kwik. This development is near two major thoroughfares, Faudree Road and Hwy 191. A $55 Million dollar Sports Complex being developed by the City of Odessa, the city estimated completion date is spring 2025.
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4031 Medical Park Drive | Paradigm Plaza Retail Space for Lease
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