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2501 State Highway 121 Lewisville, TX 75067

OFF-MARKET Office Spaces Google Maps
843,784 SF Built 1979
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Lewisville, Texas business park, Convergence, offers 843,784 square feet of Class B office space across twelve 5-story buildings situated on a sprawling 185-acre lot. Located at 2501 S State Hwy 121, zip code 75067, in the Lewisville/Denton submarket of Denton County, this master-planned development boasts large, efficient floor plates ideal for various business needs. The property features abundant surface parking with a ratio of 7 spaces per 1,000 square feet and 24/7 on-site security. Originally developed by Texas Instruments, the campus consists of ten large-box buildings connected by a central spine to a central utility plant. Units range from a minimum of 14,412 square feet to a maximum contiguous space of 163,739 square feet, providing flexibility for businesses of all sizes. The property's prime location just north of DFW International Airport along SH 121 Business offers unparalleled access to major transportation arteries and the broader DFW Metroplex. This is a rare opportunity to lease space in a well-established, secure, and conveniently located business park.

Property profile

Verified
Property type Office Spaces
Year built 1979
Total area 843,784 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory Laboratory
  • Medical Laboratory
  • Medical Laboratory
  • Corporate Office
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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