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Property Details:

County or Parish
Denton
Lot Size
Less Than .5 Acre (not Zero)
Lot Size (Acres)
0.0447
Lot Size Area
1947.0000
Lot Size (Square Feet)
1947.0000
Zoning Description
Planned Development (PD)

Interior Information:

Ceiling Height
8 to10 Feet
Heating
Central,Electric
Cooling
Central Air,Electric
Flooring
Engineered Wood
Stories Total
1

Exterior Information:

Lot Size
Less Than .5 Acre (not Zero)
Acres
0.0447
Waterfront
No

Commercial Info:

Building Area Total
1918.00
Building Use
Beauty/Barber,Medical,Office,Schools

Map

Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.

MLS 21249192

4815 State Highway 121

The Colony, Texas
$732,072
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Type: Commercial Sale
SqFt: 1,918 Year Built: 2015
Remarks: 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.
Active
Listed by: Jennifer Permenter
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Tony C Hager

Tony C Hager

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