Prime Retail Corridor Freestanding
For Sale
Contact for pricing
5401 S Colony Blvd, The Colony, TX 75056
Freestanding building in a dense, high-income residential area.
Property Size2,200 SF
Lot Size0.45 Acres
Price / SF$954.55
Days on Market174
Property Features for 5401 S Colony Blvd
General Information
Standard status
Active
Size
2,200 SF
Class
C
Total Parking Spaces
23
Lot size
0.45 Acres
Property subtype
Retail
Zoning
General Retail
Occupancy
100%
Lease Type
Gross
Investment Type
Value Add
Building Details
Year Built
1994
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial NRT Frisco
Listed By:
Pegasus Property Group CCIM · License #0755167
Source:
Crexi
Added: Mar 1
Changed: Aug 15
Last Checked: Aug 14 at 6:05AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
