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2601 E State Highway 121 - Building 4 & 5 1,815 - 2,607 SF Flex Condo Units Offered at $462,825 - $664,785 Per Unit in Lewisville, TX 75056



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
| Sale Type | Investment or Owner User | Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User | Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User | Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User | Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User | Cap Rate | 6.00% |
| 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
| Total Building Size | 66,311 SF | Typical Floor Size | 66,311 SF |
| Property Type | Industrial | Year Built | 2026 |
| Property Subtype | Warehouse | Lot Size | 4.05 AC |
| Building Class | B | Parking Ratio | 0.09/1,000 SF |
| Floors | 1 | ||
| Zoning | Light Industrial | ||
| 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
Contact the Sale Advisor
2601 E State Highway 121 - Building 4 & 5

