4815 State Highway 121, Suite 4
4815 State Highway 121, Suite 4, The Colony, TX 75056
Marketing description
A premier single-tenant office condo fronting SH 121 in The Colony, offering a high performing, low maintenance asset in one of the fastest growing corridors in North Texas.
The property provides passive income through an NNN lease with minimal landlord responsibilities and upside through below market rent. Renewal options support both immediate cash flow and long term value.
With exposure to more than 103,000 vehicles per day, the site offers strong visibility, prominent signage, and excellent access, driving consistent tenant demand.
The surrounding trade area includes 259,000 plus residents within 5 miles, 150,000 average household income, and more than 12 percent population growth within 1 mile since 2020.
Located less than a mile from Grandscape, anchored by Nebraska Furniture Mart, the property benefits from a major retail and entertainment hub, more than 900 hotel rooms, and millions of annual visitors to Lake Lewisville.
Investment highlights
- NOI $46,800 per year
- Stable NNN income with minimal management
- Ideal for investors or owner users
- Zoned PD 11 with a variety of permitted uses
- Suitable for medical or dental, personal services, or studio use
- Frontage along State Highway 121 in The Colony
- High traffic retail corridor with excellent access
- Pylon signage on State Highway 121
- Near Topgolf, Walmart, and Kroger, plus multiple hotels
- Dense commercial environment in an affluent area with strong household incomes
- Multiple medical offices and clinics within the building
- 1,947 SF total
- Built in 2015 with interior completed in 2023
- High quality interior improvements
- 7 rooms, 2 restrooms, 2 showers, 1 break room
- Plumbing in each room
- Washer and dryer hookups
- Pylon signage on State Highway 121
- 121 Office Plaza Condominium Association
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