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980 E State Highway 121 980 E State Highway 121 37,040 SF Industrial Building Lewisville, TX 75057 $7,700,000 ($207.88/SF)
Investment Highlights
- Stabilized Investment: ±37,040 SF Class A industrial showroom and flex property, fully leased to five tenants on long-term leases.
- Diverse Tenant Mix: Multiple tenants across industrial and showroom uses provide stability and reduce concentration risk.
- Expansion Opportunity: Additional land area allows for development of another building, presenting future upside for investors.
- Secure Cash Flow: All tenants recently signed brand-new 5-year leases, ensuring predictable income and minimal near-term rollover risk.
- Highway Frontage & Exposure: ±540 feet of prime frontage on SH-121 with ±40,000 vehicles per day, supporting long-term tenant retention and demand.
- Zoning & Flexibility: Zoned Light Industrial, supporting a wide range of uses that appeal to both users and investors.
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
| Price | $7,700,000 | Rentable Building Area | 37,040 SF |
| Price Per SF | $207.88 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | B | No. Drive In / Grade-Level Doors | 15 |
| Lot Size | 4.14 AC | ||
| Zoning | Commercial - Commercial | ||
| Price | $7,700,000 |
| Price Per SF | $207.88 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 4.14 AC |
| Rentable Building Area | 37,040 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 15 |
| Zoning | Commercial - Commercial |
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Property Taxes
| Parcel Number | R211691 | Improvements Assessment | $3,652,124 |
| Land Assessment | $1,442,744 | Total Assessment | $5,094,868 |
Property Taxes
Parcel Number
R211691
Land Assessment
$1,442,744
Improvements Assessment
$3,652,124
Total Assessment
$5,094,868
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980 E State Highway 121 | 980 E State Highway 121
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