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Listed price in listed location currency (USD).
$2,100,000

000

MLS® 21220659

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $10,350
Days Active 18
Lot Size 
Approx. Age 1994
MLS® Number 21220659

Property Address: 5401 S Colony Blvd, The Colony, TX, 75056-3703

Average square foot calculated using Size range provided by listing agent.

Description

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. All of the restaurant equipment for the Rice Box and the equipment for the Twinkle Twinkle Donut Shop will all 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.
MLS® Number21220659
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1994
Basement
DrivewayKitchen Level, No Garage, On Site, Open, Outside, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$2,100,000List Price

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