5401 S Colony Blvd, The Colony, TX 75056

1️⃣ 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.

2️⃣ 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.

3️⃣ 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.

4️⃣ 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.

5️⃣ 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.