5401 S COLONY BOULEVARD, THE COLONY, TX 75056
Homes for sale in The Colony.
Homes for sale in 75056.
5401 S Colony Boulevard
The Colony, TX 75056
List Price$2,100,000
Listing #21220659
About This Property
Located on one of The Colony's primary retail corridors, 5401 S Colony Blvd offers a rare freestanding retail opportunity with exceptional visibility and access near Hwy 121 and the North Dallas Tollway. The property sits on 19,602 SF (±0.45 acres) with direct frontage along S Colony Blvd, providing strong exposure in a high-traffic corridor. Freestanding positioning significantly enhances long-term value, operational flexibility, and redevelopment potential compared to inline retail. The 2,090 SF building (built 1994, renovated per marketing summary) is fully configured for retail or restaurant use and includes 23 parking spaces--an excellent ratio that supports high-turnover concepts and potential drive-thru functionality. All of the restaurant equipment for the Rice Box and the equipment for the Twinkle Twinkle Donut Shop will all be included in the sale of the property and the business. The site is zoned General Commercial, allowing for a wide range of retail, QSR, or service-oriented uses. The surrounding trade area is dense and affluent. Within a 1-mile radius, the 2024 population is 15,122 with projected growth of 18.84% over the next five years. Median household income exceeds $104,000, with over 64% owner-occupied housing--supporting stable, consistent consumer demand. Annual consumer spending within one mile exceeds $200 million, including over $53 million in food and alcohol spending, demonstrating strong support for restaurant and retail concepts. The West Frisco retail submarket (which influences The Colony) remains highly active, with 24 sales in the past 12 months, a 6.1% average cap rate, $442 average price per SF, and a low 4.2% vacancy rate--indicating tight supply and strong investor appetite. 5401 S Colony Blvd represents a rare opportunity to acquire a freestanding asset in a high-growth, supply-constrained retail corridor within North Dallas.
Property Features
Location Information
County
Denton
Subdivision
Bbb & C
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities
Heating
Central, Electric
Total Number of Units
1
Cooling
Attic Fan, Central Air, Electric, Other
Accessibility
Accessible Doors, Accessible Entrance
Floors
Concrete, Ceramic Tile, Laminate, Other
Exterior Features
Construction
Brick, Other, Concrete
Lot Size in Sq. Ft.
19,602
Foundation
Other, Slab
Possible Best Use
Food Service, Restaurant
Roof
Asphalt, Composition, Other
Zoning
COMMERCIAL
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Overhead Utilities, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
2,090
Parking Description
Kitchen Level, No Garage, On Site, Open, Outside, Parking Lot
Road Description
City Street
Lot Description
Interior Lot
Is One Story
No
Lot Size in Acres
0.45
Lot Description
Interior Lot
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
10350.0
Property SubType
Retail
Community Features
Curbs, Sidewalks
Year Built
1994
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$9,807
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,567
Monthly Tax
$1,750
Monthly Insurance
$490
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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