Multi-Tenant Flex
For Sale
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4023 W University Dr, McKinney, TX 75071
Two masonry buildings combine warehouse, retail, and office components with established tenant occupancy.
Property Size11,877 SF
Lot Size0.80 Acres
Days on Market143
Property Features for 4023 W University Dr
General Information
Standard status
Active
Size
11,877 SF
Total Parking Spaces
18
Lot size
0.80 Acres
Property subtype
Industrial
Occupancy
100%
Warehouse & Industrial
Clear Height
13 ft
Warehouse Space
3,801 SF
Office Build-Out
5,076 SF
Additional Details
Road Access
Yes
Building Details
Buildings
2
Building Size
11,877 SF
Construction
masonry
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Adam Abushagur · License #TX 661916
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 4:57AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The property at 4023 W University Dr comprises two masonry buildings totaling approximately 11,877 square feet on 0.8 acres. Its mixed-use configuration includes 3,801 square feet of warehouse area, 3,000 square feet of retail space, and 5,076 square feet of office space. Clear heights range from 11.5 to 13 feet, with 18 parking spaces and a TPO roof installed in 2021.
Nemo Q, Inc. occupies the property under a triple-net lease extending through June 2027, with 5.0 percent annual escalations. Boss Frog Tattoos LLC leases the 3,000-square-foot retail component through September 2026. The asset fronts West University Drive in McKinney, where the stated average traffic count is 35,719 vehicles per day, and the five-mile population is reported at 183,685 residents.
Nemo Q, Inc. occupies the property under a triple-net lease extending through June 2027, with 5.0 percent annual escalations. Boss Frog Tattoos LLC leases the 3,000-square-foot retail component through September 2026. The asset fronts West University Drive in McKinney, where the stated average traffic count is 35,719 vehicles per day, and the five-mile population is reported at 183,685 residents.
Key Highlights
- Approximately 11,877 square feet across two masonry buildings on 0.8 acres
- 3,801 SF warehouse, 3,000 SF retail, and 5,076 SF office configuration
- Nemo Q, Inc. triple‑net lease runs through June 2027 with 5.0 percent annual escalations
Property Analytics
Property Profile
Current Use
Lease Details
13 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75071, TX
64,449
Population
23,861
Households
2.7
Avg Household Size
35
Median Age
51%
College-Educated
94%
High-School Grad
74.1 sq mi
ZIP Area
870
Density / Sq Mi
$132,839
Median Household Income
$63,459
Median Earnings
$2,105
Median Rent
$448,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Two masonry buildings combine warehouse, retail, and office components with established tenant occupancy.
Where is this flex space located?
The property is located at 4023 W University Dr McKinney, TX.
What are key features of this property?
This property features: Approximately 11,877 square feet across two masonry buildings on 0.8 acres; 3,801 SF warehouse, 3,000 SF retail, and 5,076 SF office configuration; Nemo Q, Inc. triple‑net lease runs through June 2027 with 5.0 percent annual escalations
