699 E. State Highway 121

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699 E. State Highway 121

Lewisville, TX 75057
Asking Price
$5.88M
Asset Type
Industrial
Class
Class B

What's Special

699 E. State Highway 121 is located in the Lewisville industrial submarket, positioned directly along the SH-121 frontage road. The property offers immediate access to Interstate 35E and is situated approximately 10 miles north of Dallas/Fort Worth International Airport. The surrounding neighborhood is a mixture of established commercial hubs and corporate business parks. Local amenities include various retail centers, dining options, and hospitality services concentrated at the nearby intersection of SH-121 and I-35E. The property is suited for industrial use cases such as regional distribution, light manufacturing, or wholesale operations. Because of its visibility and proximity to major logistics arteries, the site is functional for businesses requiring frequent freight movement and easy regional connectivity. Typical tenants for this asset class in the area include third-party logistics providers, construction supply distributors, and e-commerce fulfillment centers seeking proximity to the DFW Metroplex.

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NOI
$80,000
Cap Rate
1.36%
DSCR
0.23
Underwater
Cash-on-Cash
-15.25%
Monthly Payment
$29,083.314
Annual Cash Flow
$-268,999.765

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