27052 East University Drive, Little Elm, TX 75068
Newly built multi-tenant retail with four tenants and ample parking along a high-growth University Drive corridor.
Property Features for 27052 East University Drive
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The center is located on the East University Drive (US-380) corridor, positioned for strong customer access with ample parking. The property is set on approximately 1.94 acres and is described as offering excellent visibility, frontage, and ingress/egress. The surrounding area includes significant residential growth from multiple master-planned communities, and the remarks cite nearby major national retail tenants including Costco, H-E-B, Walmart, CVS, Walgreens, AutoZone, and Bank of America.
For buyers seeking a stabilized retail investment with a service-oriented and experience-based tenant profile, this asset’s leased configuration and staggered lease expirations through 2032 and 2035 may align well with long-range ownership plans. The combination of modern build quality, customer-friendly parking, and a mixed tenant roster supports a practical everyday retail operating model on a heavily developed regional corridor.
Key Highlights
- Newly constructed 14,010 SF multi‑tenant retail center built in 2025
- Fully leased with four tenants across entertainment, dining, beauty, and healthcare
- In‑place NOI of approximately $569,180 with long‑term leases expiring through 2032 and 2035
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 75068, TX
Market
Vacancy Rate% for Retail in South region