5401 S Colony Blvd - Restaurant FOR SALE


The Colony, TX 75056
$2,100,000 USD
469-794-6080
5401 S Colony Blvd, The Colony, TX for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

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5401 S Colony Blvd
The Colony, TX 75056


HIGHLIGHTS

  • Heavy Traffic on S Colony
  • Strong Middle Class Demographics
  • Growing Area year over year

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$955 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

Commercial (General)

APN/PARCEL ID

R160874

ASK ABOUT THIS PROPERTY

Darrin Coles, CCIMColdwell Banker Commercial RealtyMore Info
469-794-6080

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Darrin Coles, CCIMColdwell Banker Commercial RealtyMore Info
469-794-6080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.