5401 S Colony Blvd
The Colony, TX 75056
Retail Property For Sale

1?? Prime Visibility on a Major Retail Corridor
The property features 19,602 SF of land (~0.45 acres) with direct frontage on S Colony Blvd
Property Detail Report, one of The Colony’s primary retail corridors connecting to Hwy 121 and the North Dallas Tollway.
This is a freestanding building, which is a major premium versus inline retail. Visibility + access + standalone positioning significantly enhance long-term value and redevelopment flexibility.
2?? Dense, High-Income Residential Trade Area
Within a 1-mile radius: 2024 Population: 15,122
Projected Growth (2024–2029): +18.84%
Median Household Income: $104,553
Owner Occupied: 64.13%
This is a strong middle-to-upper income demographic base that supports restaurant, QSR, retail service, or redevelopment use. Owner-occupied neighborhoods drive consistent food & beverage demand.
3?? Strong Food & Beverage Spending in Immediate Area
Consumer spending within 1 mile:
Total Annual Spending: $200,498,000
Food & Alcohol Spending: $53,543,000
Food Away From Home: $23,148,000
That level of localized restaurant spending strongly supports continued F&B use or repositioning into another restaurant concept.
This is real buying power immediately surrounding the site.
4?? Proven Retail Market with Active Sales Velocity
West Frisco Retail Submarket (includes The Colony trade influence):
24 sale comps in past 12 months
Average Cap Rate: 6.1%
Average Price/SF: $442
Additionally:
Market vacancy: 4.2%
This indicates:
Active investor appetite
Tight supply conditions
Stable cap rate environment
A sub-5% vacancy retail market creates pricing strength.
5?? Freestanding Building with Full Retail Configuration
Property specifics:
2,090 SF building
Built 1994 (renovated per marketing summary)
23 parking spaces
Zoned General Commercial (Retail)
Freestanding restaurant buildings with parking are increasingly scarce in this corridor. The parking count (23 spaces) is strong relative to size and supports high-turnover restaurant or retail service use with a Drive Through.