4815 State Highway 121, The Colony, Texas 75056

  • 2015
  • 0 Sqft

Office For Sale

$732,072
ActiveListing ID #21249192
Basic Details
Commercial Sale
Active
21249192
2015
$732,072
0 Sqft
0.0447
1,947 Sqft
1,947 Sqft
Property Description

A premier single-tenant income property fronting SH 121 in The Colony, offering a high performing, low maintenance asset in one of the fastest growing corridors in North Texas. A 5-year NNN lease with annual rent escalations provides stable passive income. Lease term is Oct 1st 2026 – Sep 30th, 2028. Gross rent $74,160 and cap rate starting from 7.50% in Year 1. This investment offers an attractive combination of immediate cash flow, limited management responsibilities, and long-term value appreciation potential. High quality interior finishes in 2024, 7 rooms, 2 restrooms, 2 showers and 1 break room. Plumbing in all 7 rooms, washer and dryer hookups and showers – ideal for professional or medical users. Prominent pylon signage along SH 121 with high visibility and strong branding exposure. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Managed by 121 Office Plaza Condominium Association.

Features
Brick
Composition
Central, Electric
Central Air, Electric
Sewer Available, Water Available, Electricity Connected
Public Sewer
Common
Additional Information
Office
Preowned
1
1
Close Of Escrow
Jennifer Permenter
Younger Partners Dallas, LLC
Address Map
4815
State Highway 121
121 Office Plaza Condo
The Colony
TX
75056
Denton
Texas / Denton / The Colony
    sqbbsiu2t1s9lq572yun © 2026 North Texas Real Estate Information Systems, Inc.
    Data last updated: 10/12/2026 7:17 PM
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    Office For Sale

    $732,072
    ActiveListing ID #21249192
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