This approx 1.66 Acre lot is located between established retailers CVS and Dollar General offering heavy traffic counts and great visibility. Shopping Center Zoning allows for a multitude of uses by right and an extensive list of probable uses by SUP. See Planning and Zoning supplement. Less than 2 miles from booming Sam Rayburn Tollway corridor featuring Grandscape, Nebraska Furniture Mart and Scheels. Buy and Hold or Develop. This property makes an excellent addition to any real estate portfolio. See Brochure and Zoning Use information.
A premier single-tenant office condo fronting SH 121, offering a high performing, low maintenance investment property in one of the fastest growing corridors in North Texas. Passive income through an NNN lease with minimal landlord responsibilities and significant upside potential due to below-market rent. Renewal options provide both immediate cash flow and long term value. It features high quality interior finishes in 2024, 7 rooms, 2 restrooms, 2 showers and 1 break room. Plumbing in all 7 rooms, washer and dryer hookups and showers - ideal for professional or medical users. Prominent pylon signage along SH 121 with high visibility and strong branding exposure. Stable tenant with a net income of $46,800 annually and a strong likelihood of renewal. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Multiple established medical clinics are within the building, creating strong synergy and consistent foot traffic. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Ideal for investors or owner users. Managed by 121 Office Plaza Condominium Association.

The Colony is located in Texas. The Colony, Texas has a population of 43,489. The Colony is less family-centric than the surrounding county with 34.7% of the households containing married families with children. The county average for households married with children is 40.87%.
The median household income in The Colony, Texas is $96,901. The median household income for the surrounding county is $96,265 compared to the national median of $69,021. The median age of people living in The Colony is 36 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 39.4 inches per year, with 1.1 inches of snow per year.