972-363-9509
4815 State Highway 121, The Colony, TX for Sale
Medical CONDO - FOR SALE
1/19
null | Request Cap Rate

4815 State Highway 121
The Colony, TX 75056


HIGHLIGHTS

  • High-end interior renovations completed in 2024.
  • Seven private rooms each include an individual sink.
  • Direct frontage and pylon signage along SH-121.
  • Reception area, break room, showers, and restrooms in place.
  • Less than one mile from Grandscape's retail and entertainment district.
  • Configured for medical, dental, office, educational, or service users.

OVERVIEW

Tenant is YD Day Spa, 5-year lease term is from 10/1/2026 to 9/30/2031 with Year 1 NOI of $54,905.40. A premier single-tenant office condo fronting SH 121 in The Colony, offering a high-performing, low-maintenance asset in one of the fastest growing corridors in North Texas. The property provides stable passive income through an NNN lease with minimal landlord responsibilities and strong upside potential driven by its premium location. This investment offers an attractive combination of immediate cash flow, limited management responsibilities, and long-term value appreciation potential. The property benefits from direct frontage along State Highway 121. Prominent pylon signage and visibility to more than 103,000 vehicles per day enhance exposure and accessibility for occupants and visitors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

121 Office Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

12,034 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

PD-11

APN/PARCEL ID

R679721

ASK ABOUT THIS PROPERTY

Elaine Xu, CCIMYounger Partners Dallas, LLCMore Info
972-363-9509

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Elaine Xu, CCIMYounger Partners Dallas, LLCMore Info
972-363-9509

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.