Courtesy: Serhant Texas, LLC
346-310-4739
Exceptional commercial opportunity on highly visible Main Street (FM 423) in The Colony. The offering includes an existing 4,875 SF commercial building plus the adjacent vacant lot and a third parcel, three parcels totaling about 0.669 acres, providing significant flexibility for future expansion, additional parking, or development of a second building. The existing building is primarily open shell space with an office and restroom, allowing a new owner to customize the property for a wide range of uses. The layout offers the flexibility to operate as a single-user facility or potentially divide the space into multiple retail, office, showroom, or service-oriented suites. With strong frontage, excellent visibility, an additional developable lot, and multiple value-add possibilities, this property presents a compelling opportunity for both owner-users and investors seeking a commercial asset with long-term growth potential in The Colony. Schedule your private showing today.
Courtesy: Dave Perry Miller Real Estate
214-303-1133
This approx 1.66 Acre lot is located between established retailers CVS and Dollar General offering heavy traffic counts and great visibility. Shopping Center Zoning allows for a multitude of uses by right and an extensive list of probable uses by SUP. See Planning and Zoning supplement. Less than 2 miles from booming Sam Rayburn Tollway corridor featuring Grandscape, Nebraska Furniture Mart and Scheels. Buy and Hold or Develop. This property makes an excellent addition to any real estate portfolio. See Brochure and Zoning Use information.
Courtesy: Younger Partners Dallas, LLC
214-238-8000
A premier single-tenant income property fronting SH 121 in The Colony, offering a high performing, low maintenance asset in one of the fastest growing corridors in North Texas. A 5-year NNN lease with annual rent escalations provides stable passive income. Lease term is Oct 1st 2026 - Sep 30th, 2028. Gross rent $74,160 and cap rate starting from 7.50% in Year 1. This investment offers an attractive combination of immediate cash flow, limited management responsibilities, and long-term value appreciation potential. High quality interior finishes in 2024, 7 rooms, 2 restrooms, 2 showers and 1 break room. Plumbing in all 7 rooms, washer and dryer hookups and showers - ideal for professional or medical users. Prominent pylon signage along SH 121 with high visibility and strong branding exposure. Zoned PD 11 allows a wide range of uses, including medical, dental, general offices, personal services, tutor centers and etc. Located in dense commercial environment in an affluent area with $150k average household income and more than 12% population growth since 2020. Managed by 121 Office Plaza Condominium Association.
The Colony is located in Texas. The Colony, Texas has a population of 43,489. The Colony is less family-centric than the surrounding county with 34.7% of the households containing married families with children. The county average for households married with children is 40.87%.
The median household income in The Colony, Texas is $96,901. The median household income for the surrounding county is $96,265 compared to the national median of $69,021. The median age of people living in The Colony is 36 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 34.4 degrees. The average rainfall is approximately 39.4 inches per year, with 1.1 inches of snow per year.
