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New Retail/Medical Office Development
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1501 E UNIVERSITY DR, Prosper, TX 75078

New development with frontage on US-380, near retail destinations.

Space SizeContact for details
Days on Market137

Property Features for 1501 E UNIVERSITY DR

General Information

Standard status Active
Property subtype Commercial
Listing Agency: The Weitzman Group | Dallas
Listed By: Kevin Butkus · License #678298
Source: Weitzmangroup
Added: Apr 8 Changed: Aug 16 Last Checked: Aug 22 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Weitzman Group | Dallas

Investment Insights

Based on property information with market context.

This is a new retail and medical office development offering frontage and visibility along US-380. The property provides accessibility to US-380 and the Dallas North Tollway, connecting to Frisco, McKinney, Celina, and North Dallas. It is located approximately 5 miles from Prosper High School and near the upcoming Universal Kids Resort, expected to open in 2026, as well as the Gates of Prosper retail and dining destination. The property is situated in a high-growth, affluent trade area with strong daytime and residential demographics. It is suitable for medical and health services, care and beauty businesses, boutique fitness studios, tutoring centers, and professional offices. The property size is 6500 square feet.

Key Highlights

  • Strong frontage and visibility along US‑380.
  • Easy access to US‑380 and Dallas North Tollway.
  • Proximity to the upcoming Universal Kids Resort (expected to open 2026).

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Real Estate Agency Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Balanced
Demand for This Use

Demographics for 75078, TX

38,980
Population
14,409
Households
2.7
Avg Household Size
34
Median Age
63%
College-Educated
97%
High-School Grad
31.6 sq mi
ZIP Area
1,234
Density / Sq Mi
$187,634
Median Household Income
$82,714
Median Earnings
$2,284
Median Rent
$650,600
Median Home Value

Market

Lease Benchmarks for Prosper, TX

$26.18 /SF/Yr
Avg Asking Price
$4.31–$39.93 /SF/Yr
Price Range
3,895 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Total Care Animal Hospital 2120 Richland Blvd #10, Prosper, TX 75078
  • UrgentVet 900 S Preston Rd #80, Prosper, TX 75078

Frequently Asked Questions

What type of property is this?
Medical Office Space - New development with frontage on US-380, near retail destinations.
Where is this medical office space located?
The property is located at 1501 E UNIVERSITY DR Prosper, TX.
What are key features of this property?
This property features: Strong frontage and visibility along US‑380.; Easy access to US‑380 and Dallas North Tollway.; Proximity to the upcoming Universal Kids Resort (expected to open 2026).
More about this property
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