Prime Retail Corridor Freestanding
5401 S Colony Blvd, The Colony, TX 75056
Freestanding building in a dense, high-income residential area.
Type:Retail
Property size:
2,200 SFLot size:
0.45 AcresPrice / SF:
$954/SF- Added:
- Mar 1, 2026
- Days on Market:
- 73
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 5401 S Colony Blvd
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Lot size
- 0.45 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing agent Pegasus Property Group CCIM License #0755167
Listing office Coldwell Banker Commercial NRT Frisco
Listing date Mar 1, 2026
Source Crexi
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 Coldwell Banker Commercial NRT Frisco
HighLights
- Prime visibility on S Colony Blvd, a major retail corridor connecting to Hwy 121 and the North Dallas Tollway.
- Freestanding building, offering a premium advantage over inline retail.
- Dense, high‑income residential area with a median household income of $104,553 and projected population growth of +18.84% (2024‑2029) within a 1‑mile radius.
- Strong food and beverage spending in the immediate area, with $53,543,000 spent annually on food and alcohol within a 1‑mile radius.
- Proven retail market with active sales velocity, indicated by 24 sale comps in the past 12 months and a low market vacancy of 4.2%.
- 2,090 SF building with 23 parking spaces, zoned General Commercial (Retail), suitable for high‑turnover restaurant or retail service use with a Drive Through.
Overview
The property, featuring 19,602 square feet of land, is a freestanding building situated with direct frontage on a primary retail corridor. Built in 1994 and renovated, the 2,090 square foot building is zoned General Commercial (Retail) and includes 23 parking spaces. The location benefits from a dense, high-income residential trade area. Within a 1-mile radius, the 2024 population is 15,122, with a projected growth of +18.84% from 2024 to 2029, and a median household income of $104,553. Owner-occupied residences account for 64.13% of the area. Consumer spending within 1 mile includes total annual spending of $200,498,000, with $53,543,000 spent on food and alcohol, and $23,148,000 on food away from home. The West Frisco Retail Submarket, which includes The Colony trade influence, has seen 24 sale comps in the past 12 months, with an average cap rate of 6.1% and an average price per square foot of $442. The market vacancy is 4.2%. The property's configuration and parking count support high-turnover restaurant or retail service use with a Drive Through.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- The Colony
- County
- Denton
- State
- Texas
- Longitude
- -96.873511
- Latitude
- 33.098325
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Freestanding building in a dense, high-income residential area.
Where is this storefront property located?
The property is located at 5401 S Colony Blvd The Colony, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime visibility on S Colony Blvd, a major retail corridor connecting to Hwy 121 and the North Dallas Tollway.; Freestanding building, offering a premium advantage over inline retail.; Dense, high‑income residential area with a median household income of $104,553 and projected population growth of +18.84% (2024‑2029) within a 1‑mile radius.
