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    5749 State Highway 121 The Colony, TX 75056

    For Lease
    $50 SF/Yr ($12,575 /Mo)

    Located near Grandscape, Nebraska Furniture Mart, and Lewisville Lake.

    Property size:
    3,018 SF
    Lot size:
    2.02 Acres

    Property Features for 5749 State Highway 121

    General Information

    Size
    3,018 SF
    Lot size
    2.02 Acres

    Source: CREST Commercial Real Estate, Inc. Agent Erik Fulkerson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Location in The Colony

    This retail space is located in The Colony, offering access to a business community and amenities. The location is near the Grandscape entertainment district, The Colony Five Star Complex, and Nebraska Furniture Mart. Dining options and retail destinations are located nearby. Shoreline Trail and Lewisville Lake provide opportunities for recreation. The property offers convenient proximity to major highways and a mix of entertainment and commerce. The property has a size of 3018 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.862697
    Latitude
    33.078759

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    FAQs

    What type of property is this?
    Retail space - Located near Grandscape, Nebraska Furniture Mart, and Lewisville Lake.
    Where is this retail space located?
    The property is located at 5749 State Highway 121 The Colony, TX.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in The Colony with access to a thriving business community.; - Proximity to major highways for convenient access.; - Close to popular attractions like Grandscape, The Colony Five Star Complex, and Nebraska Furniture Mart.
    (214) 696-6677
    Request Owner's contact information
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    The Colony, TX 75056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5749 State Highway 121 The Colony, TX 75056
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