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

Active

List Price$2,100,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21220659

2,090

Square Feet

1

Number of Units

Commercial

Type

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

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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

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