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- LoopNet Team
5101 Highway 121
The Colony, TX 75056
Colony Commons · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 1.37 AC |
| Property Subtype | Freestanding | Year Built | 2015 |
| Gross Leasable Area | 10,100 SF | Parking Ratio | 6.58/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,100 SF |
| Total Land Area | 1.37 AC |
| Year Built | 2015 |
| Parking Ratio | 6.58/1,000 SF |
ABOUT THE PROPERTY
Second Generation restaurant space available in The Colony in front of the #2 performing Topgolf in Texas. This Freddy’s Custard space is 3,690 square feet with a drive-thru that could be converted into a 1,000 square foot patio. These top-performing Top Golf locations produce 2-3 hour waits and drive high volumes of traffic allowing nearby tenants to take advantage of the overflow foot traffic. The site has great accessibility and great freeway frontage/signage that has aided the two other co-tenants in both performing well above their store averages. On top of that, the 121 corridor is a hotbed of activity in the DFW market. It is across the street from Nebraska Furniture Mart, a 1.86M SF building owned by Warren Buffet’s Berkshire Hathaway that opened in 2015 and is on track to do $1B in revenue. Not to mention, Grandscape: The $1.5 billion and 433-acre development that draws 8 million visitors per year and incorporates 3.9 million square feet of retail, entertainment, dining , and other attractions, including: • Destination Retail: 2.6 million square feet • Resort Hotel Convention Center: 350,000 square feet • Retail and Office: 570,000 square feet
- Freeway Visibility
