The Colony, TX 75056 5401 S Colony Boulevard

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  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 21220659
  • 03/30/2026
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Presented By: Coldwell Banker Realty Frisco
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
  • Year Built • 1994

Home Details

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. All of the restaurant equipment for the Rice Box and the equipment for the Twinkle Twinkle Donut Shop will all be included in the sale of the property and the business. 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.
Presented By: Coldwell Banker Realty Frisco

Interior Features for 5401 S Colony Boulevard

Other Interior Features

FlooringCeramic Tile, Concrete, Laminate, Other
Lock Box TypeCombo
SQFT Gross2090
Total Stories1
Total Units1

General for 5401 S Colony Boulevard

Accessibility FeaturesAccessible Doors, Accessible Entrance
Building UseFood Service, Restaurant
Business NameTHE RICE BOX
Business TypeCommercial, Doughnut, Fast Food, Food & Beverage, Restaurant, Retail
Ceiling Height8 to10 Feet
CityThe Colony
Construction MaterialsBrick, Concrete, Other
CoolingAttic Fan, Central Air, Electric, Other
CountyDenton
DirectionsTake Sam Rayburn Tollway (TX-121) heading west toward The Colony. Exit at Paige Rd, Main St - FM 423. Turn right (north) onto Main St, FM 423 OR follow signs to S. Colony Blvd. Left onto S. Colony Blvd
Gross Annual Expenses0.00
HeatingCentral, Electric
Listing TermsCash, Contract, Conventional
Occupant TypeOwner
Possession30-60 Days, Closing/Funding
Property SubtypeRetail
Property TypeCommercial Sale
RoofAsphalt, Composition, Other
Standard StatusActive
StatusActive
Subdivision NameBbb & C
Tenant PaysAll Utilities
Unexempt Taxes10350
UtilitiesCity Sewer, City Water, Curbs, Electricity Available, Electricity Connected, Individual Gas Meter, Individual Water Meter, Overhead Utilities, Sewer Available, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1994
Year Built DetailsPreowned
Zoning DescriptionCOMMERCIAL

Exterior for 5401 S Colony Boulevard

Building Area Total2090.00
Construction Materials WallsBrick, Cement Block, Other
Foundation Slab, Other
Lot FeaturesInterior Lot
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.4500
Lot Size Area0.4500
Lot Size SourcePublic Records
Lot Size Square Feet19602.0000
Lot Size UnitsAcres
Parking FeaturesKitchen Level, No Garage, On Site, Open, Outside, Parking Lot
Road Frontage TypeCity Street, Curbs/Gutters, Sidewalk
WaterfrontNo

Additional Details

Price History

Suzanne Smith

Broker/Owner
Price $2,100,000
MLS#21220659
List Date 03/30/2026
Property Type Commercial
Phone 903.235.4216
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