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Investment Highlights

  • highly visible location along State Highway 121
  • high quality investment property
  • wheelchair accessible
  • turnkey space with well maintained common areas - Class A finish out
  • ample parking & easy building access
  • high ceilings & 8-ft tall doors

Executive Summary

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses.
Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,300 SF
Building Class
B
Year Built
2017
Price
$1,390,000
Price Per SF
$323.26
Cap Rate
6.89%
NOI
$95,799
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,300 SF
Building FAR
0.05
Lot Size
1.94 AC
Zoning
Commercial - Commercial PD 11 Tract A portion of Planned Development 11; Tract A allows for uses as permitted in the General Retail (GR) district.

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 13
  • 2,179 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Position your business at 4819 E. State Highway 121, Suite 13 in The Colony, Texas, within the well-recognized 121 Office Plaza. This versatile suite offers immediate occupancy in a premier corridor of the Dallas-Fort Worth Metroplex, providing strong visibility and ease of access along State Highway 121 (Sam Rayburn Tollway). The space features five private offices, an open collaborative work area, reception, break room, and dual restrooms, designed for flexibility across professional, medical, consulting, and service uses. Tenants will benefit from excellent connectivity to major thoroughfares, abundant nearby retail and dining options, and proximity to employment bases and healthcare users. Situated near Nebraska Furniture Mart and the region’s entertainment district anchored by Grandscape, the location ensures constant traffic and exposure for businesses seeking to capture a rapidly growing North Texas customer base. Surrounded by national retailers, restaurants, and major employers, this property provides convenience for clients and employees alike while being positioned in an area experiencing continued commercial investment and household income growth.

  • 1st Fl-Ste C
  • 293 SF
  • Office
  • -
  • Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

  • 1st Fl-Ste G
  • 654 SF
  • Office
  • -
  • Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

  • 1st Fl-Ste H
  • 594 SF
  • Office
  • -
  • Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

Space Size Space Use Build-Out Available
1st Fl-Ste 13 2,179 SF Office/Medical Partial Build-Out Now
1st Fl-Ste C 293 SF Office - Now
1st Fl-Ste G 654 SF Office - Now
1st Fl-Ste H 594 SF Office - Now

1st Fl-Ste 13

Size
2,179 SF
Space Use
Office/Medical
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste C

Size
293 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste G

Size
654 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste H

Size
594 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 13

Size 2,179 SF
Space Use Office/Medical
Build-Out Partial Build-Out
Available Now

Position your business at 4819 E. State Highway 121, Suite 13 in The Colony, Texas, within the well-recognized 121 Office Plaza. This versatile suite offers immediate occupancy in a premier corridor of the Dallas-Fort Worth Metroplex, providing strong visibility and ease of access along State Highway 121 (Sam Rayburn Tollway). The space features five private offices, an open collaborative work area, reception, break room, and dual restrooms, designed for flexibility across professional, medical, consulting, and service uses. Tenants will benefit from excellent connectivity to major thoroughfares, abundant nearby retail and dining options, and proximity to employment bases and healthcare users. Situated near Nebraska Furniture Mart and the region’s entertainment district anchored by Grandscape, the location ensures constant traffic and exposure for businesses seeking to capture a rapidly growing North Texas customer base. Surrounded by national retailers, restaurants, and major employers, this property provides convenience for clients and employees alike while being positioned in an area experiencing continued commercial investment and household income growth.

1st Fl-Ste C

Size 293 SF
Space Use Office
Build-Out -
Available Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

1st Fl-Ste G

Size 654 SF
Space Use Office
Build-Out -
Available Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

1st Fl-Ste H

Size 594 SF
Space Use Office
Build-Out -
Available Now

4819 State Hwy 121 is a single-story office condominium in a highly visible location along State Highway 121 in The Colony, TX, within the Dallas–Fort Worth metroplex. The turnkey space offers multiple private offices, reception area, bullpen/cubicle space, kitchenette, and ADA-compliant restrooms, supporting a variety of professional uses. Built in the mid-2010s, the property combines modern finishes with functional design and provides easy access to Frisco, Little Elm, North Plano, and nearby amenities via Hwy?121 and the Sam Rayburn Tollway. Ample surface parking and well-maintained common areas make it ideal for owner-users or investors seeking a high-quality office property in a growing DFW submarket.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R679721
Land Assessment
$106,693
Improvements Assessment
$424,964
Total Assessment
$531,657
  • Listing ID: 40633563

  • Date on Market: 5/22/2026

  • Last Updated:

  • Address: 4819 SH 121, The Colony, TX 75056

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