Industrial & Logistics

Lewisville 121 Industrial Park

1620 E State Hwy 121 Lewisville, Texas United States 75056-4800
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Building Area

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire the Lewisville 121 Industrial Park (the “Property”), a 189,600 square foot, 6-building light industrial portfolio located in Lewisville, Texas. Currently, 100% leased to 21 tenants with an average remaining lease term of 3.2 years, the Property provides strong in-place cash flow with robust leasing momentum and immediate upside through mark-to-market opportunities for current tenants. The Portfolio’s premier location directly off Sam Rayburn Tollway (SH-121) in the Lewisville submarket is highly coveted due to its exceptional access to key infrastructure, including direct access to DFW International Airport via SH-121. The Property is also situated on 11 acres of contiguous land, offering excellent optionality and long-term upside when coupled with the growth of the surrounding area.

Investment Highlights

  • Critical Mass
  • Stable In-Place Cash Flow
  • Vintage Shallow Bay Product Outperforming Class A Industrial
  • Immediate Opportunity to Increase NOI Significantly
  • Dynamic Infill Locations
  • Nation Leasing Industrial Market
Last Updated Date: 30 Jul 2021
Zane Marcell
Senior Director, Capital Markets
Stephen Bailey
Stephen Bailey
Managing Director
License details
TX-648685

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Last Updated Date: 30 Jul 2021

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