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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

Virtual Tour

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

Price $1,167,057 CAD
Unit Size 2,607 SF
No. Units 1
Total Building Size 29,121 SF
Property Type Flex (Condo)
Property Subtype
Showroom
  • Showroom
Sale Type Owner User
Building Class B
Floors 1
Typical Floor Size 29,121 SF
Year Built 2023
Lot Size 11.00 AC

1 Unit Available

Unit 114

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

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Dallas
1,345,047
30
0 h 36 m
Fort Worth
895,008
40
0 h 49 m
Austin
964,254
218
3 h 58 m
Houston
2,325,502
258
4 h 39 m
San Antonio
1,532,233
298
5 h 27 m
Memphis
650,618
473
8 h 27 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
991,867
Total Labor Force
641,591
Unemployment Rate
3.28%
Median Household Income
$96,102
Warehouse Employees
80,953
High School Education Or Higher
94.10%
$ values in USD

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

Sale Advisors

(972) 413-0375
Contact
Randy Jay, Managing Principal/Broker
(972) 413-0375
Contact
As Managing Principal of Preston Bend Real Estate (PBRE), Randy is responsible for a variety of corporate functions but, mostly, he is a Commercial Real Estate Broker. He specializes in Retail, Office, and Industrial transactions and is dedicated to the growth of PBRE’s portfolio and building lasting business relationships.

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.
(817) 240-3775
Contact
Ashley Lail, Partner
(817) 240-3775
Contact
As an experienced Commercial Real Estate Broker and Property Manager, Ashley provides Preston Bend Real Estate clients a host of sharpened CRE skills to achieve real estate objectives.

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.
  • Listing ID: 34222162

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 2601 TX-121, Lewisville, TX 75056

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