4815 State Highway 121, The Colony, TX 75056
4815 State Highway 121, The Colony, TX 75056
4815 State Highway 121, The Colony, TX 75056
4815 State Highway 121, The Colony, TX 75056
4815 State Highway 121, The Colony, TX 75056
4815 State Highway 121, The Colony, TX 75056
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Kimberly Davis

Kimberly Davis

+1(214) 284-8779
$ 720,000
Est. payment | /mo

1,947 Sqft Lot

Save Virtual Tour
$ 720,000
Est. payment | /mo
Save Virtual Tour

1,947 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision 121 Office Plaza Condo

MLS Listing ID 21249192

Total Fin. Sqft 1947

Year Built 2015

Lot Size 1,947 Sqft

Acres 0.0447

Property Sub-Type Office

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.

Location

State TX

County Denton

Zoning Planned Development (PD)

Direction Located at 4815 SH 121 in The Colony, the property sits along the north side of State Highway 121. From Dallas North Tollway, head north and exit toward SH 121, then merge east. Continue on SH 121 for approximately 2 miles—the property will be on your right with direct frontage and easy access.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Engineered Wood

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Composition

Garage No

Building

Foundation Brick/Mortar

Structure Type Brick

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21249192

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Jennifer Permenter • Younger Partners Dallas, LLC

Nearby Locations

Kimberly Davis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(214) 284-8779

kim@kimcan.com

3600 Preston Rd, Plano, TX, 75093, USA

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4815 State Highway 121