Costco-Anchored Retail Strip
For Sale
$10,401,000
5720 West University Drive, Prosper, TX 75078
Five-tenant newly constructed strip center with 10-year NNN leases adjacent to Costco.
Property SizeContact for details
Days on Market57
Property Features for 5720 West University Drive
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners | San Diego
(619) 818-5852
Listed By:
Robert Donnell
(619) 818-5852
Source:
Srsre
Added: Jun 16
Changed: Jul 20
Last Checked: Aug 11 at 4:38AM
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 SRS Real Estate Partners | San Diego
Investment Insights
Based on property information with market context.
This newly constructed five-tenant strip center is offered for sale as fee simple ownership, with tenants operating under 10-year NNN lease structures. The center features modern design with attractive storefronts, and the existing building and roof include warranties.
The property is located at a signalized intersection of US 380 and FM 1385 in Prosper, Texas. It is directly adjacent to Costco Wholesale, positioned among the closest multi-tenant retail options to Costco’s entrance and parking field.
The surrounding retail and development area continues to expand, and the regional corridor is undergoing transportation improvements, including widening of FM 1385 and long-term US 380 expansion projects with both roads planned to expand to 6 lanes.
The property is located at a signalized intersection of US 380 and FM 1385 in Prosper, Texas. It is directly adjacent to Costco Wholesale, positioned among the closest multi-tenant retail options to Costco’s entrance and parking field.
The surrounding retail and development area continues to expand, and the regional corridor is undergoing transportation improvements, including widening of FM 1385 and long-term US 380 expansion projects with both roads planned to expand to 6 lanes.
Key Highlights
- Newly constructed five‑tenant strip center (Year Built: 2026) with modern storefront design at US 380 and FM 1385
- 10‑year NNN lease structure with tenants, aimed at minimizing landlord expense obligations
- Fee simple ownership
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
121k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 78%
Dining 11%
Shops & Services 7%
Electronics 2%
Walmart
Superstores
93,703 visits/mo
0.5 miles
Starbucks
Dining
7,208 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
6,182 visits/mo
0.4 miles
U-Haul Moving & Storage of West McKinney
Shops & Services
3,753 visits/mo
0.3 miles
The UPS Store
Shops & Services
2,526 visits/mo
0.4 miles
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Five-tenant newly constructed strip center with 10-year NNN leases adjacent to Costco.
Where is this strip mall located?
The property is located at 5720 West University Drive Prosper, TX.
What is the asking price?
The asking price for this property is $10,401,000.
What are key features of this property?
This property features: Newly constructed five‑tenant strip center (Year Built: 2026) with modern storefront design at US 380 and FM 1385; 10‑year NNN lease structure with tenants, aimed at minimizing landlord expense obligations; Fee simple ownership
