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New Multi-Tenant Retail Center
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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 Size14,010 SF
Lot Size1.94 Acres
Price / SF$712.75
Days on Market97

Property Features for 27052 East University Drive

General Information

Standard status Active
Size 14,010 SF
Class A
Lot size 1.94 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $569,180

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Units 4
Tenancy Multi
Listing Agency: Equitify
Listed By: Rehan Nazar · License #843311
Source: Crexi
Added: Jun 2 Changed: Aug 26 Last Checked: Sep 6 at 1:20AM

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 Equitify

Investment Insights

Based on property information with market context.

This newly constructed, multi-tenant retail center totals 14,010 SF and is configured to support a tenant mix spanning entertainment, dining, beauty, and healthcare. The property is described as fully leased, with four diverse tenants providing an in-place income stream. A long-term lease structure is in place, with lease expirations extending through 2032 and 2035. Modern construction and high-quality exterior finishes are noted as helping reduce near-term capital expenditure needs.

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

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service (Bike/Boat/Book/etc) Store Nail Salon Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 46%
7-Eleven Shops & Services
14,232 visits/mo 0.5 miles
Starbucks Dining
7,410 visits/mo 0.5 miles
Dunkin' Donuts Dining
3,517 visits/mo 0.4 miles
Marco's Pizza Dining
979 visits/mo 0.4 miles

Demographics for 75068, TX

66,248
Population
23,499
Households
2.8
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
27.9 sq mi
ZIP Area
2,374
Density / Sq Mi
$126,341
Median Household Income
$66,559
Median Earnings
$2,161
Median Rent
$386,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Newly built multi-tenant retail with four tenants and ample parking along a high-growth University Drive corridor.
Where is this shopping center located?
The property is located at 27052 East University Drive Little Elm, TX.
What is the asking price?
The asking price for this property is $9,985,614.
What are key features of this property?
This property features: 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
More about this property
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