5701 Tx-121 The Colony, TX 75056
- Lifestyle centers
- 220,000 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 5701 Tx-121
- Property size
- 220,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail opportunity, known as Village @ 121, is located at 5701 TX-121 in The Colony, Texas, 75056. The property boasts a total of 220,000 square feet of retail, restaurant, and mixed-use space, strategically positioned at the intersection of the Sam Rayburn Tollway and South Colony Boulevard, offering unparalleled accessibility to the thriving Grandscape development. Currently, there is 1,535 square feet of vacant space available, ideal for a variety of retail or restaurant uses. One available space totals 2,919 square feet. The center features a multi-tenant occupancy structure, providing a vibrant and diverse commercial environment. The property benefits from its proximity to a significant number of high-profile businesses and draws substantial traffic from the surrounding area. Nearby establishments include Planet Fitness, Nebraska Furniture Mart, Toyota HQ, JP Morgan Chase, JCPenney, Top Golf, Rooms To Go, and Galaxy Theaters. Furthermore, a large multifamily development, the Jefferson Morningstar project (400 units), is currently under construction nearby, promising increased foot traffic and consumer base in the future. This prime location and strong tenant mix make Village @ 121 an exceptional investment opportunity for discerning businesses seeking high visibility and a thriving commercial environment. The property's convenient access and established presence within a successful retail corridor ensure a strong return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- The Colony
- County
- Denton
- State
- Texas
- Longitude
- -96.8638
- Latitude
- 33.0781
