5401 S Colony Blvd - Restaurant FOR SALE


The Colony, TX 75056
$2,100,000 USD
972-292-8859
5401 S Colony Blvd, The Colony, TX for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

5401 S Colony Blvd
The Colony, TX 75056


HIGHLIGHTS

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

OVERVIEW

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. 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.

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

Barb Cole CNE, BPOR, CRSColdwell Banker Commercial RealtyMore Info
972-292-8859

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Barb Cole CNE, BPOR, CRSColdwell Banker Commercial RealtyMore Info
972-292-8859

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