5090 W University Dr, Prosper, TX 75078
Car wash facility subject to a long-term absolute NNN lease with renewal options.
Property Features for 5090 W University Dr
General Information
Building Details
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Investment Insights
Based on property information with market context.
The lease is structured as absolute NNN, began on December 29, 2017, and carries a 20-year base term. Contractual rent increases by 1.75% each year during the initial term and continues at the same rate through each of the two 10-year renewal options.
Key Highlights
- Zips Car Wash at 5090 W University Dr, Prosper, TX 75078
- Approximately 4,614 rentable square feet
- Estimated 1.19‑acre parcel
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 75078, TX
Market
Vacancy Rate% for Retail in South region