Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1994
Sq.Footage
2,090
Located on one of The Colony’s primary retail corridors, 5401 S Colony Blvd offers a rare freestanding retail opportunity with exceptional visibility and access near Hwy 121 and the North Dallas Tollway. The property sits on 19,602 SF (±0.45 acres) with direct frontage along S Colony Blvd, providing strong exposure in a high-traffic corridor. Freestanding positioning significantly enhances long-term value, operational flexibility, and redevelopment potential compared to inline retail. The 2,090 SF building (built 1994, renovated per marketing summary) is fully configured for retail or restaurant use and includes 23 parking spaces—an excellent ratio that supports high-turnover concepts and potential drive-thru functionality. Restaurant equipment for the Rice Box that's noted in transaction desk will be included in the sale of the property and the business. The site is zoned General Commercial, allowing for a wide range of retail, QSR, or service-oriented uses. The surrounding trade area is dense and affluent. Within a 1-mile radius, the 2024 population is 15,122 with projected growth of 18.84% over the next five years. Median household income exceeds $104,000, with over 64% owner-occupied housing—supporting stable, consistent consumer demand. Annual consumer spending within one mile exceeds $200 million, including over $53 million in food and alcohol spending, demonstrating strong support for restaurant and retail concepts. The West Frisco retail submarket (which influences The Colony) remains highly active, with 24 sales in the past 12 months, a 6.1% average cap rate, $442 average price per SF, and a low 4.2% vacancy rate—indicating tight supply and strong investor appetite. 5401 S Colony Blvd represents a rare opportunity to acquire a freestanding asset in a high-growth, supply-constrained retail corridor within North Dallas.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Attic Fan, Central Air, Electric, Other
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Concrete, Other
-
Parking
Kitchen Level, No Garage, On Site, Open, Outside, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.45
-
Lot Size(square feet)
19602.0
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$2,100,000
-
Tax Amount
$10,350
-
Zoning
COMMERCIAL
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Accessibility Features
Accessible Doors, Accessible Entrance
-
Foundation Details
Slab, Other
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Denton
Elementary School
Middle School
High School
Listing Courtesy of Barb Cole , Coldwell Banker Realty Frisco
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AGENT
Joe Boston
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