Second-Generation Medical
5040 Highway 121, The Colony, TX 75056
For Lease
Contact for pricing
The space sits in an established retail center with national retailers and service businesses nearby.
Space Size2,000 SF
Days on Market49
Property Features for 5040 Highway 121
General Information
Standard status
Size
Net Rentable
Property subtype
Space & Availability
Available Space
Contiguous Space
Space Use
Condition
Additional Details
Highway Access
Spaces For Lease
at 5040 Highway 121
Ste 200
Active
Size
2,000 SF
Listing Agency:
Texas Legacy Realty
Listed By:
Rafe Song · License TX #0712965
(469) 855-4430
Source:
Crexi
Added: Sep 23
Changed: Nov 8
Last Checked: Nov 10 at 6:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Legacy Realty
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Investment Insights
Based on property information with market context.
A 2,000 SF second-generation medical office is available for lease at 5040 Highway 121 in The Colony. The space is described as move-in ready and is located within an established retail center with a mix of restaurant, telecommunications, vision care, insurance, and other service businesses.
The property fronts the State Highway 121/Sam Rayburn Tollway corridor, where nearby traffic exceeds 120,000 vehicles per day. Nearby destinations include Nebraska Furniture Mart, Scheels, Topgolf, Walmart, Target, Kroger, and Studio Movie Grill. Average household income exceeds $128,000 within one mile, and the trade area is experiencing population growth.
The property fronts the State Highway 121/Sam Rayburn Tollway corridor, where nearby traffic exceeds 120,000 vehicles per day. Nearby destinations include Nebraska Furniture Mart, Scheels, Topgolf, Walmart, Target, Kroger, and Studio Movie Grill. Average household income exceeds $128,000 within one mile, and the trade area is experiencing population growth.
Key Highlights
- 2,000 SF second‑generation medical office space
- Located in an established retail center with a varied tenant mix
- State Highway 121/Sam Rayburn Tollway corridor with nearby traffic exceeding 120,000 VPD
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75056, TX
67,570
Population
28,102
Households
2.4
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
23.6 sq mi
ZIP Area
2,863
Density / Sq Mi
$116,806
Median Household Income
$64,197
Median Earnings
$1,808
Median Rent
$414,600
Median Home Value
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Market
Average Price Trend$/SF/Yr for Medical Office Space in Denton County, TX
Properties on Market for Medical Office Space in Denton County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Stonebriar Veterinary Center: Gutierrez Sylvia DVM — 5720 Town and Country Blvd, Frisco, TX 75034
Frequently Asked Questions
What type of property is this?
Medical Office Space - The space sits in an established retail center with national retailers and service businesses nearby.
Where is this medical office space located?
The property is located at 5040 Highway 121 The Colony, TX.
What are key features of this property?
This property features: 2,000 SF second‑generation medical office space; Located in an established retail center with a varied tenant mix; State Highway 121/Sam Rayburn Tollway corridor with nearby traffic exceeding 120,000 VPD
