2701 S State Highway 121 Business | Lewisville, TX 75067
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2701 S State Highway 121 Business
Lewisville, TX 75067
Edmonds 121 Interchange · Industrial Property For Sale
Investment Highlights
- 3 miles to DFW International Airport
- 15 Miles to Downtown Dallas
- 13 Miles to Love Field Airport
- 25 Miles to Downtown Fort Worth
Executive Summary
Edmonds 121 Exchange is a unique opportunity to develop a light industrial zoned site with retail attributes (hard corner lighted intersection). The site has highway visibility and is located at the front door of the most institutional industrial park in the DFW metroplex surrounded by long term developers and institutions such as Majestic Realty and CenterPoint Properties (CalPERS). Tenants that operate within this business park are Ericsson, Kellogg, Cardinal Health, Mary Kay, and Kuehne + Nagel just to name a few.
The development has unparalleled leasing flexibility with the ability to accommodate tenants between 15,600-50,125-square feet. In this size range there are very few Class A options with ESFR sprinklers system, modern 28’ clear heights, and first-generation office space. The project size allows us to provide multiple exit options for the development venture including leasing to tenants or selling to a user. The DFW Airport submarket currently has a 4.8% vacancy rate for true industrial uses and has had positive 12-month rent growth at 31%. The site benefits from its prominent location within 5 miles of DFW Airport, which is the 4th busiest passenger and commercial airport in the world. It is located on 121 Business with convenient east/west access to I-35 or the 121 corridor which is a major connector between Frisco, Allen, McKinney, and Fort Worth. Within a 10-mile radius of the site is executive housing located in Southlake, Grapevine, Westlake, Trophy Club, Colleyville, Flower Mound, Coppell, Las Colinas, and Frisco.
The development has unparalleled leasing flexibility with the ability to accommodate tenants between 15,600-50,125-square feet. In this size range there are very few Class A options with ESFR sprinklers system, modern 28’ clear heights, and first-generation office space. The project size allows us to provide multiple exit options for the development venture including leasing to tenants or selling to a user. The DFW Airport submarket currently has a 4.8% vacancy rate for true industrial uses and has had positive 12-month rent growth at 31%. The site benefits from its prominent location within 5 miles of DFW Airport, which is the 4th busiest passenger and commercial airport in the world. It is located on 121 Business with convenient east/west access to I-35 or the 121 corridor which is a major connector between Frisco, Allen, McKinney, and Fort Worth. Within a 10-mile radius of the site is executive housing located in Southlake, Grapevine, Westlake, Trophy Club, Colleyville, Flower Mound, Coppell, Las Colinas, and Frisco.
PROPERTY FACTS
Sale Type | Investment or Owner User | Rentable Building Area | 50,125 SF |
Sale Conditions | Lease Option | No. Stories | 1 |
Property Type | Industrial | Year Built | 2024 |
Property Subtype | Warehouse | Parking Ratio | 1.1/1,000 SF |
Building Class | B | Clear Ceiling Height | 28 ft |
Lot Size | 6.10 AC | No. Dock-High Doors/Loading | 14 |
Sale Type | Investment or Owner User |
Sale Conditions | Lease Option |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 6.10 AC |
Rentable Building Area | 50,125 SF |
No. Stories | 1 |
Year Built | 2024 |
Parking Ratio | 1.1/1,000 SF |
Clear Ceiling Height | 28 ft |
No. Dock-High Doors/Loading | 14 |
Amenities
- Storage Space
- Air Conditioning
Utilities
- Water - City Water
- Sewer - City Sewer
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $1,269,107 CAD | Total Assessment | $1,269,107 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,269,107 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,269,107 CAD
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