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Investment Highlights

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

Executive Summary

Office condominium located at 4815 State Highway 121, Suite 4, The Colony, Texas. The property was built in 2015 and includes a reception area, seven private rooms, two restrooms, two showers, and a break room. Interior improvements were completed in 2024. Each room contains a sink, and the suite includes washer and dryer hookups. The property is part of the 121 Office Plaza Condominium Association and features pylon signage along State Highway 121. The location provides frontage on SH-121 and is situated near the Grandscape mixed-use development.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 4
  • 1,947 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Owner User
Description
1,947 SF condo unit available for sale or lease. Please contact the broker for pricing and additional details!
Sale Notes
Suite 4 at 4815 State Highway 121 presents an opportunity to acquire a professionally finished office condominium in The Colony, one of the most active commercial corridors in North Texas. Renovated with high-end interior finishes in 2024, the property is configured to support a variety of owner-user strategies, including medical, dental, professional office, educational, and personal service operations. The layout includes a reception area, seven private rooms, two restrooms, two showers, a break room, and sinks installed in every room, providing functionality for businesses that require specialized plumbing infrastructure.

The property benefits from direct frontage along State Highway 121, a major regional thoroughfare connecting businesses and consumers throughout the Dallas-Fort Worth metroplex. Prominent pylon signage and visibility to more than 103,000 vehicles per day enhance exposure and accessibility for occupants and visitors. The location is less than one mile from Grandscape, a major mixed-use destination featuring national retailers, restaurants, hospitality offerings, and entertainment venues that contribute to sustained commercial activity in the surrounding area.

The Colony continues to attract residential and commercial growth, supported by expanding population, household income levels, and regional connectivity. Combined with modern improvements, flexible zoning, and a move-in-ready configuration, this office condominium offers a turnkey ownership opportunity within a well-positioned commercial corridor.
Unit Unit Size Condo Use Price NOI
Unit 4 1,947 SF Office/Medical Upon Request -

Unit 4

Unit Size
1,947 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 4

Unit Size 1,947 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Owner User
Description
1,947 SF condo unit available for sale or lease. Please contact the broker for pricing and additional details!
Sale Notes
Suite 4 at 4815 State Highway 121 presents an opportunity to acquire a professionally finished office condominium in The Colony, one of the most active commercial corridors in North Texas. Renovated with high-end interior finishes in 2024, the property is configured to support a variety of owner-user strategies, including medical, dental, professional office, educational, and personal service operations. The layout includes a reception area, seven private rooms, two restrooms, two showers, a break room, and sinks installed in every room, providing functionality for businesses that require specialized plumbing infrastructure.

The property benefits from direct frontage along State Highway 121, a major regional thoroughfare connecting businesses and consumers throughout the Dallas-Fort Worth metroplex. Prominent pylon signage and visibility to more than 103,000 vehicles per day enhance exposure and accessibility for occupants and visitors. The location is less than one mile from Grandscape, a major mixed-use destination featuring national retailers, restaurants, hospitality offerings, and entertainment venues that contribute to sustained commercial activity in the surrounding area.

The Colony continues to attract residential and commercial growth, supported by expanding population, household income levels, and regional connectivity. Combined with modern improvements, flexible zoning, and a move-in-ready configuration, this office condominium offers a turnkey ownership opportunity within a well-positioned commercial corridor.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 12,034 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 1,947 SF
Year Built 2015
Lot Size 2.00 AC
Parking Ratio 23.11/1,000 SF
Zoning PD-11 - PD-11 Planned Development

Amenities

  • 24 Hour Access
  • Signage
  • Central Heating
  • High Ceilings
  • Plug & Play
  • Monument Signage
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41837157

  • Date on Market: 8/21/2026

  • Last Updated:

  • Address: 4815 State Highway 121, The Colony, TX 75056

Contact the Sale Advisor

4815 State Highway 121 - 121 Office Plaza

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