Commercial Shell Space in
4116 State Highway 121 #100 Carrollton, TX 75010
For Sale
$749,000
Shell space with highway frontage, ideal for various businesses.
Property Size1,670 SF
Price / SF$448.50
Days on Market95
Property Features for 4116 State Highway 121 #100
General Information
- Standard status
- Active
- Size
- 1,670 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing Agency:
Beam Real Estate, LLC
(972) 484-6644
Listed By:
Lilu David · License #0691855
(469) 731-5122
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 8:39AM
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 Beam Real Estate, LLC
Investment Insights
Based on property information with market context.
This commercial shell space is available for sale in Carrollton, TX, offering frontage on a highway. The location provides high visibility and accessibility, making it suitable for retail, office, medical, or service businesses. The property features a flexible, open layout that allows for tenant customization. Situated in a busy area, the location benefits from strong traffic flow and proximity to nearby amenities. The space is suitable for a range of uses, including event spaces, workshops, classes, and dining establishments, and features 20 ft high ceilings. The property has a size of 1670 square feet.
Key Highlights
- Excellent highway frontage for high visibility
- Flexible open layout ready for tenant customization
- Ideal location for retail, office, medical, or service businesses
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.3k | $24.12 |
| − Vacancy | −$1.9k | −$1.16 |
| EGI | $38.3k | $22.96 |
| − OpEx | −$11.5k | −$6.89 |
| NOI | $26.8k | $16.07 |
1,670 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$383.5K
$335.5K – $447.4K
NOI $26,843 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$410.9K
$359.5K – $479.3K
NOI $28,760 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carrollton Smiles
Dental Office
True V
Take-out & Catering
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Coworking & Hybrid Office
Sirisha Bhandaru
Dental Office
Moon Lee-Barnes - State ...
Insurance Agency
FAQs
What type of property is this?
Retail space - Shell space with highway frontage, ideal for various businesses.
Where is this retail space located?
The property is located at 4116 State Highway 121 #100 Carrollton, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Excellent highway frontage for high visibility; Flexible open layout ready for tenant customization; Ideal location for retail, office, medical, or service businesses
