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32456151
32456150

2601 TX-121, Building 1, Suite 105, Lewisville, TX 75056

PM
TX 702869
Field Commercial Real Estate
JC
TX 780867
Field Commercial Real Estate
Listed by Field Commercial Real Estate
$715,000
23 days on market
Updated 19 days ago

2601 TX-121, Building 1, Suite 105

Details
Property Type Industrial
Sub Type Flex, Showroom Condo
Square Footage 29,121
Net Rentable (SqFt) 2,118
Cap Rate 7.00%
NOI $49,773
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $338
Class B
Year Built 2023
Stories 1
Acreage 11.000
Zoning Suburban Flex
Investment Type Stabilized
Ground Lease No
Ceiling Height 22'
Ownership Condo (Fee Simple)

Industrial | 7.00% CAP | 29,121 SqFt

Marketing description

Field Commercial Real Estate is pleased to present Suite 105 at 2601 TX-121, Building 1 — a 2,118 SF flex/showroom condo offered for sale at $715,000 (~7.0% cap rate). The unit is 100% leased on a triple-net basis to a single, established operating tenant with approximately 33 months of remaining base term and structured annual rent escalations.

Positioned along TX-121 / Sam Rayburn Tollway frontage in the Lewisville–Castle Hills submarket, the property captures exceptional visibility and accessibility within the DFW metroplex. The 26-mile corridor connects DFW International Airport, Coppell, Lewisville, Frisco, and McKinney across one of North Texas' most heavily trafficked commuter and commercial routes.

Ideal for 1031 exchange buyers or private investors seeking immediate, stabilized cash flow in a newly delivered (2023) Class B asset.

Investment highlights

  • Single-tenant NNN income with established operating tenant in place
  • Above-market in-place rent in a newly delivered (2023) Class B asset
  • Tenant has expanded into adjacent suite — strong renewal signal
  • Ideal for 1031 exchange or private investor seeking stabilized cash flow
  • Frontage on TX-121 / Sam Rayburn Tollway, one of DFW's most active corridors
  • DFW International Airport: 12 min
  • Grandscape / The Colony: 8 min
  • Legacy West / Frisco: 18 min
  • Downtown Dallas: 28 min
  • I-35E access: 4 min
  • City Population: 140,759 (+11.3% since 2020)
  • Median HH Income: $89,233 (13% above U.S. median)
  • Bachelor's Degree or Higher: 39.4%
  • Tenant identity is confidential and will be released to qualified prospects upon execution of a Confidentiality Agreement. Please mark the listing as "Tenant Confidential" and route the CA through Crexi's DD Vault (Tier-1 access).
  • Remaining Base Term: ~33 months
  • Submarket: Lewisville / Castle Hills (TX-121 / Sam Rayburn Tollway Corridor)

Listing Contacts

PM
TX 702869
Field Commercial Real Estate
JC
TX 780867
Field Commercial Real Estate
Listed by Field Commercial Real Estate

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,773.00
$4,147.75/mo

Valuation Metrics

0
DSCR
6.96%
Cap Rate
6.96%
ROI

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Additional Information

Name
Phillip Maxwell
License
702869
Brokerage
Field Commercial Real Estate
Brokerage Phone
8178893542
Title
Founder & Managing Broker
Brokerage Address
550 Reserve Street
Name
Jake Copeland
License
780867
Brokerage
Field Commercial Real Estate LLC
Brokerage Phone
8178893542
Title
Founding Partner
Brokerage Address
505 Reserve Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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