Convergence_Property for Sale
Convergence_Property for Sale

Convergence

2501 Tx-121 S BR, Lewisville, TX, 75067, US

Asset 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 639,881 square foot office campus situated on 133 acres in Lewisville, TX directly off State Highway 121. Built in 1979, this suburban office campus is currently 70% leased to a diverse group of credit grade tenants with approximately 5.5 years of remaining average lease term with extension options that can extend the term to approximately 12.5 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 at scale in one of DFW’s most sought-after submarkets with stable income from credit tenancy and upside opportunities through additional development.

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Attributes

Building area gross
639,881 sf
Year built
1979
Land area gross
133 acres
Occupancy
70%
WALT
5.5 years

Media

Investment highlights

  1. OVER $100M REMAINING CONTRACTUAL REVENUE


  1. 5.5 YEARS WALT TO INVESTMENT GRADE TENANCY
  2. 12.5 years WALT with extended term


  1. +/- 50 ACRE DEVELOPMENT OPPORTUNITY
  2. Light Industrial zoning

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Convergence (0 Properties)

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Last updated
Jun 16, 2025