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    4545 Destination Dr The Colony, TX

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    For Lease
    $17 SF/Yr

    Premier shopping, dining, and entertainment destination in North Texas.

    Property size:
    21,000 SF
    Lot size:
    15.58 Acres

    Property Features for 4545 Destination Dr

    General Information

    Size
    21,000 SF
    Lot size
    15.58 Acres

    Source: Falcon Companies Agent Tey Tiner

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

    Overview

    Grandscape Retail and Restaurant Spaces

    Located in The Colony, Texas, Grandscape is a shopping, dining, and entertainment destination. This location offers prime second-generation restaurant, shell, and kiosk spaces. The available spaces are positioned to benefit from Grandscape’s retail mix, dining options, entertainment venues, and event programming. The property offers an opportunity for brands looking to thrive in a high-traffic environment. The property size is 21000 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Seven Doors Catering, RychCatering Ltd, J & M BBQ Food Truck

    Location Insight

    • Map
    • Local Demand
    City
    The Colony
    County
    Denton
    State
    Texas
    Longitude
    -96.8863922
    Latitude
    33.0890094

    Nearby Similar for Lease

    • $46 SF/Yr
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      The Colony Retail Center

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      5701 Tx-121, The Colony, TX 75056
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    • $27 SF/Yr
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      Prime Retail/Office Space on Main

      High-visibility location with build-to-suit opportunity in growing area.
      7120 Main St, The Colony, TX 75033
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    • Contact for pricing
      410,730 SF

      Castle Hills Marketplace Retail Center

      Upscale Denton County retail space available
      6225 Josey Ln, The Colony, TX 75056
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    • $50 SF/Yr
      3,018 SF

      Prime Retail Location in The Colony

      Located near Grandscape, Nebraska Furniture Mart, and Lewisville Lake.
      5749 State Highway 121, The Colony, TX 75056
      View Details
    • Contact for pricing
      2,100 SF

      Modern Office Space in Colony

      Exceptional office space with modern finishes and convenient location.
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    • $17 SF/Yr
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      Grandscape Retail and Restaurant Spaces

      Prime retail and restaurant spaces available in Grandscape, North Texas.
      5774 Grandscape Blvd, The Colony, TX
      View Details

    FAQs

    What type of property is this?
    Restaurant - Premier shopping, dining, and entertainment destination in North Texas.
    Where is this restaurant located?
    The property is located at 4545 Destination Dr The Colony, TX.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Premier shopping, dining, and entertainment destination in North Texas.; - High-traffic environment attracting visitors from all over.; - Strong retail mix including flagship stores.
    (214) 534-3683
    Request Owner's contact information
    4545 Destination Dr The Colony, TX
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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
    4545 Destination Dr The Colony, TX
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