TX
Denton
The Colony
75056
4815 State Highway 121
4815 State Highway 121, The Colony, TX 75056
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Listing Type
Commercial/Industrial
Listing Status
Active
17
$720,000

Home Details for 4815 State Highway 121

Price
$720,000
Type
Commercial Sale
Year built
2015
Lot size acres
0.0447
County
Denton
MLS Listing#
21249192
Property Description

A premier single-tenant office condo fronting SH 121, offering a high performing, low maintenance investment property in one of the fastest growing corridors in North Texas. Passive income through an NNN lease with minimal landlord responsibilities and significant upside potential due to below-market rent. Renewal options provide both immediate cash flow and long term value. It features 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. Stable tenant with a net income of $46,800 annually and a strong likelihood of renewal. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Multiple established medical clinics are within the building, creating strong synergy and consistent foot traffic. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Ideal for investors or owner users. Managed by 121 Office Plaza Condominium Association.

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Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
  • Parking
    • Common
Listing Courtesy: Younger Partners Dallas, LLC - 214-294-4400
Presented by: Jennifer Permenter
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-04-24 12:50:36
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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