New NNN Ground Lease
For Sale
Contact for pricing
1898 N Dallas Pkwy, Prosper, TX 75078
New 15-year absolute NNN ground lease for sale.
Property Size5,385 SF
Price / SF$1,089
Days on Market206
Property Features for 1898 N Dallas Pkwy
General Information
Standard status
Active
Size
5,385 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$220,000
Building Details
Year Built
2025
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Secure Net Lease
(214) 522-7200
Listed By:
Garrison Berkley · License #843004
Source:
Crexi
Added: Jan 29
Changed: Aug 8
Last Checked: Aug 8 at 6:39AM
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 Secure Net Lease
Investment Insights
Based on property information with market context.
This property features a new 15-year absolute NNN ground lease with rental increases of 10% every 5 years. It is a pad site to a brand new H-E-B and is adjacent to Prosper High School, which has over 3,875 students. The property benefits from excellent visibility, located off the new Dallas North Tollway Extension with a traffic count of 24,106+ vehicles per day. It is strategically positioned within three miles of the PGA Headquarters, Universal Studios, and Baylor Scott and White. The surrounding area has excellent demographics, with over 104,000 residents within a 5-mile radius and an average household income of $224,045+.
Key Highlights
- New 15‑Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years
- Excellent Demographics - Over 104,000 Residents within 5 Miles & Average Household Income of Over $224,045
- Pad Site to Brand New H‑E‑B & Adjacent to Prosper High School with over 3,875 Students
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
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?
NNN property - New 15-year absolute NNN ground lease for sale.
Where is this nnn property located?
The property is located at 1898 N Dallas Pkwy Prosper, TX.
What is the asking price?
The asking price for this property is $5,866,000.
What are key features of this property?
This property features: New 15‑Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years; Excellent Demographics - Over 104,000 Residents within 5 Miles & Average Household Income of Over $224,045; Pad Site to Brand New H‑E‑B & Adjacent to Prosper High School with over 3,875 Students
