Property profile

5040 Tx-121 Lewisville, TX 75056

OFF-MARKET
Retail properties & Spaces
8,952 SF
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Property summary

AI-generated overview

This exceptional 8,952 square foot property, located at 5040 TX-121 in Lewisville, Texas (zip code 75056), presents a unique opportunity for retail or restaurant businesses. Currently configured as a single suite, the space offers a minimum divisible area of 1,800 square feet, with a maximum contiguous space also of 1,800 square feet. Situated in Denton County, this location boasts excellent visibility from Highway 121, ensuring high traffic and strong brand exposure. The property benefits from strong co-tenancy with established businesses such as Chipotle, Fiery Chicken, and Vision Works, creating a vibrant and attractive commercial environment. Previously used as a medical office, the space is move-in ready and ideally suited for a variety of uses, making it an excellent investment opportunity. The property's convenient location in Lewisville offers easy access to major transportation routes and a thriving local community. This is a rare chance to secure a prime retail or restaurant space in a high-demand area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,952 SF

Cap rate & NOI

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

Location

5040 Tx-121 Lewisville, TX 75056
Lewisville metro
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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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