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Investment Highlights

  • Move-in ready flex / showroom / warehouse / office-style units, fully finished or built-to-suit.
  • Located on the frontage road of State Highway 121, offering high visibility and exposure to heavy traffic.
  • Modern construction (built in 2023) in a fast-growing corridor of Lewisville
  • Suite sizes from ˜1,800 to 2600+ SF, flexible spaces for a variety of uses.
  • Easy access / close proximity to major highways & tollways: I-35, Sam Rayburn Tollway, Dallas North Tollway.

Executive Summary

Prime Office Warehouses (POW) Lewisville – Buildings 4 & 5 offers newly constructed office warehouse condominiums in one of the fastest-growing commercial corridors in Lewisville, Texas. Located at 2601 E State Highway 121 (Sam Rayburn Tollway Frontage Road), the development provides outstanding visibility, direct highway frontage, and convenient access to major North Texas business markets. SH 121 is a major east-west corridor connecting businesses throughout the DFW Metroplex. Designed for owner-users and investors, the project features flexible commercial condos suitable for office, warehouse, showroom, light industrial, distribution, contractor, automotive, e-commerce, medical, technology, and service-based businesses. Units range from approximately 1,800 SF to 2,600+ SF and include high-clearance warehouse space, modern storefront entrances, mezzanines, grade-level overhead doors, private restrooms, utility sinks, and available 3-phase power. The property enjoys exceptional regional connectivity with immediate access to State Highway 121 (Sam Rayburn Tollway) and convenient connections to Interstate 35E, Dallas North Tollway, President George Bush Turnpike, and Sam Rayburn Tollway, allowing quick travel to DFW International Airport, Dallas, Plano, Frisco, The Colony, Carrollton, Grapevine, McKinney, and surrounding business centers.

Data Room Click Here to Access

6 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 402
  • 2,235 SF
  • Flex
  • $569,925 ($255.00/SF)
  • $34,195.50
Sale Type Investment or Owner User
Cap Rate 6.00%
  • Unit 403
  • 2,118 SF
  • Flex
  • $540,090 ($255.00/SF)
  • $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%
  • Unit 404
  • 1,815 SF
  • Flex
  • $462,825 ($255.00/SF)
  • $27,769.50
Sale Type Investment or Owner User
Cap Rate 6.00%
  • Unit 505
  • 2,607 SF
  • Flex
  • $664,785 ($255.00/SF)
  • $39,887.10
Sale Type Investment or Owner User
Cap Rate 6.00%
No. Parking Spaces 2
  • Unit 507
  • 2,118 SF
  • Flex
  • $540,090 ($255.00/SF)
  • $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%
  • Unit 511
  • 2,118 SF
  • Flex
  • $540,090 ($255.00/SF)
  • $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%
Unit Unit Size Condo Use Price NOI
Unit 402 2,235 SF Flex $569,925 ($255.00/SF) $34,195.50
Unit 403 2,118 SF Flex $540,090 ($255.00/SF) $32,405.40
Unit 404 1,815 SF Flex $462,825 ($255.00/SF) $27,769.50
Unit 505 2,607 SF Flex $664,785 ($255.00/SF) $39,887.10
Unit 507 2,118 SF Flex $540,090 ($255.00/SF) $32,405.40
Unit 511 2,118 SF Flex $540,090 ($255.00/SF) $32,405.40

Unit 402

Unit Size
2,235 SF
Condo Use
Flex
Price
$569,925 ($255.00/SF)
NOI
$34,195.50

Unit 403

Unit Size
2,118 SF
Condo Use
Flex
Price
$540,090 ($255.00/SF)
NOI
$32,405.40

Unit 404

Unit Size
1,815 SF
Condo Use
Flex
Price
$462,825 ($255.00/SF)
NOI
$27,769.50

Unit 505

Unit Size
2,607 SF
Condo Use
Flex
Price
$664,785 ($255.00/SF)
NOI
$39,887.10

Unit 507

Unit Size
2,118 SF
Condo Use
Flex
Price
$540,090 ($255.00/SF)
NOI
$32,405.40

Unit 511

Unit Size
2,118 SF
Condo Use
Flex
Price
$540,090 ($255.00/SF)
NOI
$32,405.40

Unit 402

Unit Size 2,235 SF
Condo Use Flex
Price $569,925 ($255.00/SF)
NOI $34,195.50
Sale Type Investment or Owner User
Cap Rate 6.00%

Unit 403

Unit Size 2,118 SF
Condo Use Flex
Price $540,090 ($255.00/SF)
NOI $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%

Unit 404

Unit Size 1,815 SF
Condo Use Flex
Price $462,825 ($255.00/SF)
NOI $27,769.50
Sale Type Investment or Owner User
Cap Rate 6.00%

Unit 505

Unit Size 2,607 SF
Condo Use Flex
Price $664,785 ($255.00/SF)
NOI $39,887.10
Sale Type Investment or Owner User
Cap Rate 6.00%
No. Parking Spaces 2

Unit 507

Unit Size 2,118 SF
Condo Use Flex
Price $540,090 ($255.00/SF)
NOI $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%

Unit 511

Unit Size 2,118 SF
Condo Use Flex
Price $540,090 ($255.00/SF)
NOI $32,405.40
Sale Type Investment or Owner User
Cap Rate 6.00%

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 66,311 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Floors 1
Typical Floor Size 66,311 SF
Year Built 2026
Lot Size 4.05 AC
Parking Ratio 0.09/1,000 SF
Zoning Light Industrial

Amenities

  • 24 Hour Access
  • Mezzanine
  • Signage

Utilities

  • Water - City
  • Sewer - City
  • Heating - Electric
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 37428443

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 2601 E State Highway 121, Lewisville, TX 75056

Contact the Sale Advisor

2601 E State Highway 121 - Building 4 & 5

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