Single-Tenant Auto Service
3580 West First Street, Prosper, TX 75078
For Sale
New
Contact for pricing
An absolute NNN lease structure assigns property responsibilities to the tenant.
Property Size4,844 SF
Lot Size1.02 Acres
Price / SF$997.37
Days on Market5
Property Features for 3580 West First Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Year Built
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License GA #349355
(404) 504-7893
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:39PM
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 CBRE - Atlanta
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Investment Insights
Based on property information with market context.
Built in 2018, this 4,844-square-foot auto service property occupies 1.02 acres in Prosper, Texas. The single-tenant asset is leased on an absolute NNN basis, with the tenant responsible for property obligations under the lease. The current term runs through May 31, 2042, and includes four additional five-year renewal options. Annual rent increases are the greater of 2% or CPI, capped at 6%.
The property fronts West First Street, which carries approximately 15,556 vehicles per day. Average household income exceeds $233,000 within one mile, and the population is more than 207,000 within five miles.
The property fronts West First Street, which carries approximately 15,556 vehicles per day. Average household income exceeds $233,000 within one mile, and the population is more than 207,000 within five miles.
Key Highlights
- 4,844‑square‑foot auto service building on 1.02 acres
- Built in 2018
- Absolute NNN lease with term through May 31, 2042
Property Analytics
Who owns this building?
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Current Use
Lease Details
15,556 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Pizza Hut
Dining
1,623 visits/mo
0.3 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
$650,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Collin County, TX
Properties on Market for Auto shops in Collin County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- A Lamp Unto The Streets Auto Repair LLC — 4001 glacier point ct, prosper, tx 75078
Frequently Asked Questions
What type of property is this?
Auto shop - An absolute NNN lease structure assigns property responsibilities to the tenant.
Where is this auto shop located?
The property is located at 3580 West First Street Prosper, TX.
What is the asking price?
The asking price for this property is $4,831,250.
What are key features of this property?
This property features: 4,844‑square‑foot auto service building on 1.02 acres; Built in 2018; Absolute NNN lease with term through May 31, 2042
