Convergence Business Park — Sale in Lewisville, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Lewisville, TX 75067
  • Size: 505,032 SF
  • Year built: 1979

Photos

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Description

Jones Lang LaSalle Americas ("JLL"), as executive advisor, is pleased to present the opportunity to acquire the Convergence Business Park (the "Property" or the "Asset"), a 505,032 square foot office campus situated on 120 acres in Lewisville, TX directly off State Highway 121. Built in 1979, this suburban office campus is currently 60% leased to a diverse group of investment grade tenants with approximately 5-years of remaining average lease term with extension options that can extend the term to approximately 12 years. The property is zoned Light Industrial and contains approximately 50 acres that can immediately be developed. Convergence Business Park presents investors with the opportunity to acquire one of DFW's most sought-after submarkets at scale with stable income from credit tenancy and significant upside opportunity for additional development.

Market Context

This land in Lewisville, TX is listed for sale across 505,032 SF. The building dates to 1979. Compare it against other land listings for sale in Lewisville, TX — view the full market.

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