Commercial Lease Office
For Sale
Contact for pricing
121 W AIRPORT Freeway #300, Euless, TX 76040
Versatile lease space with strong visibility along W Airport Freeway, suitable for office, retail, medical, or service use subject to approval.
Property Size5,280 SF
Price / SF$0.62
Days on Market97
Property Features for 121 W AIRPORT Freeway #300
General Information
Standard status
Active
Size
5,280 SF
Property subtype
Business
Lease Type
NNN
Site & Location
Neighborhood
Tarrant
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2024
Listing Agency:
Only 1 Realty Group Dallas
(214) 560-0422
Listed By:
Mady Cantu · License #0788206
Source:
Lonestarluxuryrealty
Added: Jul 25
Changed: Oct 29
Last Checked: Oct 28 at 8:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Only 1 Realty Group Dallas
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Investment Insights
Based on property information with market context.
This 1,125 SF commercial lease space (Unit 300) offers a flexible layout for a range of business uses, subject to zoning and landlord approval. The space is described as well-suited for office, retail, medical, or service-based businesses, with the note that restaurant and food-related uses are not permitted. Tenant responsibility includes all utilities, and the lease terms include base rent plus NNN expenses.
The property is positioned for visibility along W Airport Freeway Highway 183 and is described as having quick access to major highways.
Please contact the listing agent for additional lease information or to schedule a showing.
The property is positioned for visibility along W Airport Freeway Highway 183 and is described as having quick access to major highways.
Please contact the listing agent for additional lease information or to schedule a showing.
Key Highlights
- 1,125 SF commercial lease space built in 2024
- Excellent visibility along W Airport Freeway (Highway 183)
- Suitable for office, retail, medical, or service‑based businesses (subject to zoning and landlord approval)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,478
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,560
$1.8M
Cap Rate 7%
$1,292,543
$1.3M
Cap Rate 9%
$1,005,311
$1.0M
Market Conditions
NOI Build-Up for 5,280 SF
Gross rent
$177.4K $33.60/SF
− Vacancy
−$26.6K −$5.04/SF
EGI
$150.8K $28.56/SF
− OpEx
−$60.3K −$11.42/SF
NOI
$90.5K $17.14/SF
Area
Tarrant County, TX
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,560
Cap Rate 7%
$1,292,543
Cap Rate 9%
$1,005,311
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,238 @ 7.0% cap · market cap 2,807.32%
Second Best
Healthcare Medical
$1.29M
$1.13M – $1.51M
NOI $90,478 @ 7.0% cap · market cap 2,783.94%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,015 @ 7.0% cap · market cap 4,000.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 76040, TX
31,899
Population
12,912
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
4,090
Density / Sq Mi
$69,683
Median Household Income
$41,493
Median Earnings
$1,245
Median Rent
$281,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Versatile lease space with strong visibility along W Airport Freeway, suitable for office, retail, medical, or service use subject to approval.
Where is this office unit located?
The property is located at 121 W AIRPORT Freeway #300 Euless, TX.
What are key features of this property?
This property features: 1,125 SF commercial lease space built in 2024; Excellent visibility along W Airport Freeway (Highway 183); Suitable for office, retail, medical, or service‑based businesses (subject to zoning and landlord approval)
