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    State Highway 121 Lewisville, TX 75056

    For Lease
    Contact for pricing

    High-traffic retail space, Denton County.

    Lot size:
    33,416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    The Colony Plaza offers exceptional retail opportunities in Denton County, boasting high visibility on the major thoroughfares of SH 121 and Main Street (FM 423). This multi-tenant property comprises a total of 33,416 square feet, divided into 14 suites. Currently, there are 5,431 square feet of vacant space available, offering flexible options for businesses seeking prime retail locations. Individual spaces range from a minimum of 1,580 square feet to a maximum contiguous space of 2,154 square feet, providing versatility for various retail concepts. The property's strategic location ensures significant foot traffic and excellent brand exposure. This is an ideal opportunity for businesses seeking a well-established retail presence in a thriving Denton County market. The property's prominent positioning on major roadways guarantees high visibility and accessibility for customers. With its diverse suite sizes and ample available space, The Colony Plaza presents a compelling investment opportunity for businesses of all scales. The convenient location and high-traffic area make this a prime location for retail success. Contact us today to learn more about leasing opportunities at The Colony Plaza.

    Property Features for 0 State Highway 121

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,416 SF

    Unit(s) available at that property

    Space
    #306
    Size
    1,788 SF
    Space
    #300
    Size
    1,580 SF

    HighLights

    • Retail property totaling 33,416 square feet.
    • Multiple tenant spaces available, ranging from 1,580 to 2,154 contiguous square feet.
    • 14 total suites; 5,431 square feet currently vacant.
    • High visibility location at the intersection of SH 121 and Main Street (FM 423) in Denton County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lewisville
    County
    Denton
    State
    Texas
    Longitude
    -96.9101806
    Latitude
    33.0787106

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, Denton County.
    Where is this retail property located?
    The property is located at State Highway 121 Lewisville, TX.
    What are key features of this property?
    This property features: Retail property totaling 33,416 square feet.; Multiple tenant spaces available, ranging from 1,580 to 2,154 contiguous square feet.; 14 total suites; 5,431 square feet currently vacant.
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    Lewisville, TX 75056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    State Highway 121 Lewisville, TX 75056
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