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Highlights

  • Positioned along the Sam Rayburn Tollway corridor with high traffic exposure.
  • Built in 2016 within an established commercial environment.
  • Located in a market supported by affluent residential demographics.
  • Surrounded by major retail, dining, and entertainment destinations.
  • Accessible to The Colony, Frisco, Lewisville, and North Dallas trade areas.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 300
  • 2,352 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Former fitness studio space with an existing commercial layout suitable for wellness, medical, specialty retail, service-oriented, or professional office users. Existing improvements may help reduce build-out requirements and support a quicker occupancy timeline.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 300 2,352 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste 300

Size
2,352 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Former fitness studio space with an existing commercial layout suitable for wellness, medical, specialty retail, service-oriented, or professional office users. Existing improvements may help reduce build-out requirements and support a quicker occupancy timeline.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 4920 State Highway 121, Lewisville, TX 75056

  • Tenant
  • Description
  • US Locations
  • Reach
  • Casa Mia
  • -
  • -
  • -
  • Flex Fitness
  • -
  • 1
  • -
  • Marsh Ridge Family Dental & Orthodontics
  • Health Care and Social Assistance
  • 1
  • -
  • Motor City Smoothies
  • Wholesaler
  • 1
  • -
  • Planet Sub
  • Sub Sandwich
  • 28
  • Regional
  • Starbucks
  • Coffee
  • 6,951
  • International
Tenant Description US Locations Reach
Casa Mia - - -
Flex Fitness - 1 -
Marsh Ridge Family Dental & Orthodontics Health Care and Social Assistance 1 -
Motor City Smoothies Wholesaler 1 -
Planet Sub Sub Sandwich 28 Regional
Starbucks Coffee 6,951 International

Property Facts

Total Space Available 2,352 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 7,727 SF
Total Land Area 1.23 AC
Year Built 2016
Parking Ratio 7.64/1,000 SF

About the Property

Suite 300 at 4920 Highway 121 in The Colony, Texas offers a second-generation retail opportunity positioned along the Sam Rayburn Tollway corridor. Formerly occupied by F45 Training, the space features an existing commercial layout that may help reduce tenant improvement timelines and support a faster occupancy process. The property was built in 2016 and is located within a multi-tenant retail environment surrounded by a mix of national retailers, restaurants, and residential growth. The location benefits from direct exposure to one of the region's most heavily traveled transportation corridors, with approximately 127,338 vehicles per day along Sam Rayburn Tollway. Nearby destinations include Grandscape, Legacy West, Stonebriar Centre, Topgolf, and Arbor Hills Nature Preserve, placing the property within an established retail and entertainment trade area that attracts both local residents and regional visitors. The surrounding market demonstrates strong demographic fundamentals, including an average household income of $143,710 within five miles and a population exceeding 267,000 residents. Convenient access to major transportation routes and surrounding business districts supports a variety of retail, wellness, medical, service-oriented, and professional office users seeking visibility and accessibility within the Frisco, Lewisville, and North Dallas markets.

  • 24 Hour Access
  • Security System
  • Signage
  • Tenant Controlled HVAC
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

24 Hour Fitness
Bonchon
Rosa's Cafe
IHOP
Freebirds World Burrito
Bank of America
Fifth Third Bank
Navy Federal Credit Union
54th Street Restaurant & Drafthouse
Kroger
  • Listing ID: 41406476

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: 4920 State Highway 121, Lewisville, TX 75056

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