Edmonds 121 Interchange

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The Opportunity

Edmonds 121 Interchange is a unique opportunity to develop a light industrial zoned site with retail attributes (hard corner lighted intersection). The site has highway visibility and is located at the front door of the most institutional industrial park in the DFW metroplex surrounded by long term developers and institutions such as Majestic Realty and CenterPoint Properties (CalPERS). Tenants that operate within this business park are Ericsson, Kellogg, Cardinal Health, Mary Kay, and Kuehne + Nagel just to name a few.

The development has unparalleled leasing flexibility with the ability to accommodate tenants between 15,600-50,125-square feet. In this size range there are very few Class A options with ESFR sprinklers system, modern 28’ clear heights, and first-generation office space. The project size allows us to provide multiple exit options for the development venture including leasing to tenants or selling to a user. The DFW Airport submarket currently has a 4.8% vacancy rate for true industrial uses and has had positive 12-month rent growth at 31%. The site benefits from its prominent location within 5 miles of DFW Airport, which is the 4th busiest passenger and commercial airport in the world. It is located on 121 Business with convenient east/west access to I-35 or the 121 corridor which is a major connector between Frisco, Allen, McKinney, and Fort Worth. Within a 10-mile radius of the site is executive housing located in Southlake, Grapevine, Westlake, Trophy Club, Colleyville, Flower Mound, Coppell, Las Colinas, and Frisco.