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Highlights

  • Significant 5.4-acre site suitable for single-tenant, multi-tenant, or custom development concepts.
  • Flexible delivery options available, including build-to-suit and ground lease arrangements.
  • Immediate access from Memorial Drive and Colony Boulevard, enhancing customer convenience.
  • Prime frontage along TX-121 with exposure to 172,685+ vehicles daily.
  • Integrated into an active retail environment with restaurants, service retailers, and everyday amenities.
  • Located near major regional attractions and expanding residential communities, promoting sustained demand.

LOT Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 5.40 AC

This 5.4-acre parcel within the Village @ 121 development offers an outstanding build-to-suit or ground lease opportunity in one of the Dallas-Fort Worth metroplex’s most dynamic growth corridors. Positioned along State Highway 121, the site delivers maximum exposure to more than 172,000 vehicles per day and excellent connectivity to major thoroughfares, ensuring strong visibility for future occupants.

The property is surrounded by an extensive mix of retail, dining, and service concepts, creating a highly desirable environment for national and regional brands. Its sizable acreage offers tremendous flexibility to accommodate larger footprint users, multi-tenant layouts, or specialty concepts tailored to market demand. The Colony’s robust residential base and proximity to thriving commercial sectors like Grandscape and Legacy West further amplify the site’s appeal for operators seeking traffic-driven locations with long-term upside.

With immediate access from Memorial Drive and convenient ingress/egress via Colony Boulevard, this parcel combines visibility, accessibility, and growth potential for occupiers looking to capture market share in a high-performance trade area.

Property Overview

The 5.4-acre parcel lies within the Village @ 121 mixed-use development along State Highway 121 in The Colony, Texas. It offers direct access from Memorial Drive and is positioned adjacent to existing retail and restaurant establishments. The location experiences an average daily traffic count exceeding 172,685 vehicles, providing strong visibility to passing motorists. The surrounding neighborhood consists of dense residential developments, multi-family communities, and proximity to large-scale commercial nodes, including Grandscape and Legacy West, supporting robust consumer demand.

Property Facts

Total Space Available 5.40 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 40322468

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 5620 S Colony Blvd, The Colony, TX 75056

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