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2601 TX-121 - Building 1
2,607 SF Industrial Condo Unit Offered at $1,167,057 CAD in Lewisville, TX 75056
Investment Highlights
- Fully finished out with a kitchenette, restroom with shower, and mezzanine with vinyl wood plank flooring throughout
- Tenant controlled, separately metered HVAC
- Plentiful parking adjacent to the building
Executive Summary
High-end Turnkey Flex Space Available in a new, contemporary office complex. This built-out unit is located within the Prime Office Warehouse Complex on busy Highway 121 and Leora Lane. This property enjoys a key placement in one of the fastest growing suburbs in the greater Dallas/Fort Worth area and is close in vicinity to many popular commercial centers and the most prominent residential communities in the area. This unit, with its appealing storefront, is perfect for your retail or office space needs.
Property Facts
1 Unit Available
Unit 114
Unit Size | 2,607 SF | Condo Use | Industrial |
Price | $1,167,057 CAD | Sale Type | Owner User |
Price Per SF | $447.66 CAD |
Unit Size | 2,607 SF |
Price | $1,167,057 CAD |
Price Per SF | $447.66 CAD |
Condo Use | Industrial |
Sale Type | Owner User |
Description
14W x 14H feet overhead doors Open floor plan to fit individual business needs. Unit Description:
Depth & Width: 70x25 SF
Overhead Doors: 14W x 14H
Max approved Mezzanine (up to 50%): 875 SF
Entry clear height: 20'
Rear clear height: 25'
About Lewisville
Lewisville is a suburban community located directly northwest from the center of Dallas proper. The area is bisected by I-35 E, running through the heart of Dallas County and north towards Tarrant County. Nearby, State Highway 121 connects directly to Dallas-Fort Worth International Airport and stretches north toward Collin County. Altogether, these major highways offer many distributors and logistics firms excellent access across North Texas and beyond.
Most existing industrial inventory rests along these major highways. In the past decade, builders have added more space along these thoroughfares, with the greatest concentration sitting in Flower Mound, directly north of Dallas-Fort Worth International Airport. Developers began adding new projects at a rapid pace beginning in 2012. Since then, Lewisville’s inventory has grown by 50%.
There is a diverse mix of tenants here, though it is skewed toward retail and wholesale trade firms. Major tenants include Kellogg, Rheem, and HD Supply. Firms like these are harnessing the great highway and airport access to move goods rapidly and efficiently. There is a pool of flex and specialized industrial space tailored to light manufacturing companies in the area, as well. Leasing activity continues at a healthy pace, a signal of the area’s excellent location and quality of new inventory.
Industrial assets in Lewisville have garnered healthy interest from investors as the Dallas-Fort Worth industrial segment remains on firm footing.
DEMOGRAPHICS
Regional Accessibility
Amenities
- Mezzanine
- Signage
- Storage Space
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Ycyr LLC | - | - | 9 min walk |
Einstein Bros Bagels | Bagels | $ | 16 min walk |
Domino’s | - | - | 18 min walk |
Bubba's 33 | Pizza | $$$ | 19 min walk |
Texas Roadhouse | - | - | 21 min walk |
By Wayside | - | - | 24 min walk |
Marutvum Healthcare Services | - | - | 25 min walk |
Retail |
||
---|---|---|
Fas Mart | Convenience Market | 16 min walk |
Progressive | Insurance | 16 min walk |
Farmers Insurance | Insurance | 17 min walk |
State Farm | Insurance | 17 min walk |
Metro by T-Mobile | Wireless Communications | 25 min walk |
Cato | Ladies' Apparel | 25 min walk |
Leslie's Pool Supplies | Garden/Patio/Pool | 25 min walk |
State Farm | Insurance | 25 min walk |
Cash Store | Check Cash/Quick Loans | 25 min walk |
Budget | Other Retail | 28 min walk |
Hotels |
|
---|---|
La Quinta Inns & Suites |
81 rooms
5 min drive
|
Comfort Suites |
71 rooms
7 min drive
|
Tru by Hilton |
111 rooms
8 min drive
|
Budget Suites of America |
342 rooms
8 min drive
|
Hyatt Place |
107 rooms
8 min drive
|
Staybridge Suites |
98 rooms
8 min drive
|
Holiday Inn Express |
84 rooms
8 min drive
|
Clarion |
122 rooms
8 min drive
|
Hampton by Hilton |
115 rooms
9 min drive
|
zoning
Zoning Code | Light Industrial (Flex Office / Showroom / Warehouse) |
Light Industrial (Flex Office / Showroom / Warehouse) |
Sale Advisors
Randy Jay, Managing Principal/Broker
At the start of his career, Randy learned from some of the most experienced real estate brokers at Henry S. Miller in Dallas, Texas, one of the largest and oldest independent brokerage firms in the state of Texas. Following Henry S. Miller, Randy became a Real Estate Manager for Dickey’s Barbecue Restaurants Inc. where he played an integral role in negotiating and procuring new restaurant locations throughout the United States. After acquiring a host of corporate real estate skills, Randy returned to Commercial Brokerage as a Broker Associate for Scott Brown Commercial in Denton, Texas.
Randy’s success can be attributed to his determined work ethic, his unwavering honesty, and enthusiasm for delivering the best results for his clients.
Randy was born and raised in Sherman, Texas and currently lives in Prosper with his wife, Megan, and their three sons. Randy is a graduate from the University of North Texas. Randy enjoys spending time with friends and family, traveling, and the occasional round of golf.
Ashley Lail, Partner
As a Property Manager, she plays an integral role in restructuring and implementing new systems and processes which contribute to cost savings and, ultimately, improved performance for managed assets.
As a Commercial Agent, Ashley specializes in working with commercial investors in acquisition, leasing, and disposition of assets. Ashley has leveraged her knowledge in property management to better advise her clients on identifying value/under performing assets, creating a vision for the project, and implementing a plan of action to maximize her clients profitability.
Prior to joining Preston Bend, Ashley was a Commercial Agent and Property Manager for Scott Brown Commercial – a division of Scott Brown Group (SBG) in Denton, Texas where she managed a portfolio totaling $100MM in commercial assets, which included office, medical, retail, industrial, and mixed use properties.
Ashley strives to bring professionalism, experience, and hard work to each project and client. She believes in building long term relationships through providing exceptional service to her clients and maintaining the highest standards of integrity.
Ashley earned a Bachelor of Business in Real Estate at the University of North Texas where she was a scholarship Athlete and member of the Softball Team. Outside of work, she enjoys spending time with family, training her dogs, traveling, and participating in sports. Ashley also volunteers her time as a coach for a club fast pitch softball team, mentoring and teaching young female athletes how to improve their skills and grow as individuals as they prepare for college.
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2601 TX-121 - Building 1
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