University Plaza

1221 E University Dr Prosper, TX 75078

1221 E University Dr, Prosper, TX, 75078
Rendering
1221 E University Dr, Prosper, TX, 75078 1221 E University Dr, Prosper, TX, 75078
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Oct 18, 2024

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Highlights

  • 1600-15,247 SF available
  • Under Construction - delivers as a cold dark shell in November of 2024
  • Ample parking for tenants and clients: 65 total spaces
  • Walking distance from several single and multifamily developments including the Lakes of La Cima community with an average home value of $1.2M
  • Minutes from the PGA Frisco, the $550 million Universal Studios development, and Downtown Prosper, which is undergoing a $15 million improvement project
  • 2023 Demographics: Average income of $198,632 with over 40,000 households and a projected population growth of 41% over the next five years

Description

This prime property in Prosper, TX offers optimal visibility and accessibility on University Dr/Hwy 380, making it an ideal choice for high-traffic retail or office environments. The development is under construction and will deliver as a shell in November of this year. The center offers tenants a prime location, only minutes from the PGA Frisco, Universal Studios development and downtown Prosper. Don't miss this exciting leasing opportunity to establish or expand your business in a prime location with unlimited potential for success.

In Prosper, TX, the area surrounding the property is a thriving retail destination, surrounded by affluent neighborhoods and a rapidly growing population. With its prime visibility and accessibility, nearby attractions such as the Gates of Prosper shopping center and the Windsong Ranch community draw steady foot traffic, presenting a lucrative opportunity for retail tenants. This dynamic environment provides an ideal setting for retail businesses to thrive and build a loyal customer base.


Year Built: 2024
Building Size: 15247sq ft
Lot Size: 0 acres


Documents

Brochure

Units for Lease

Available
Space Available: 15247 SF
Lease Type: NNN

Price Per Sqft/Year: $42.00 - $45.00

Map of 1221 E University Dr, Prosper, TX, 75078

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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