Costco-Anchored Retail Strip
5720 West University Drive Prosper, TX 75078
5720 West University Drive, Prosper, TX, 75078
$10,401,000
For Sale
$10,401,000
Five-tenant newly constructed strip center with 10-year NNN leases adjacent to Costco.
Days on Market36
Property Features for 5720 West University Drive
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
SRS Real Estate Partners | San Diego
(619) 818-5852
Listed by
Robert Donnell
(619) 818-5852
Source
Srsre
Added: Jun 16 Updated: Jul 20 at 4:22PM Checked: Jul 21 at 3:00AM
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 SRS Real Estate Partners | San Diego
Investment Insights
Based on property information with market context.
This newly constructed five-tenant strip center is offered for sale as fee simple ownership, with tenants operating under 10-year NNN lease structures. The center features modern design with attractive storefronts, and the existing building and roof include warranties.
The property is located at a signalized intersection of US 380 and FM 1385 in Prosper, Texas. It is directly adjacent to Costco Wholesale, positioned among the closest multi-tenant retail options to Costco’s entrance and parking field.
The surrounding retail and development area continues to expand, and the regional corridor is undergoing transportation improvements, including widening of FM 1385 and long-term US 380 expansion projects with both roads planned to expand to 6 lanes.
The property is located at a signalized intersection of US 380 and FM 1385 in Prosper, Texas. It is directly adjacent to Costco Wholesale, positioned among the closest multi-tenant retail options to Costco’s entrance and parking field.
The surrounding retail and development area continues to expand, and the regional corridor is undergoing transportation improvements, including widening of FM 1385 and long-term US 380 expansion projects with both roads planned to expand to 6 lanes.
Key Highlights
- Newly constructed five‑tenant strip center (Year Built: 2026) with modern storefront design at US 380 and FM 1385
- 10‑year NNN lease structure with tenants, aimed at minimizing landlord expense obligations
- Fee simple ownership
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
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FAQs
What type of property is this?
Strip mall - Five-tenant newly constructed strip center with 10-year NNN leases adjacent to Costco.
Where is this strip mall located?
The property is located at 5720 West University Drive Prosper, TX.
What is the asking price?
The asking price for this property is $10,401,000.
What are key features of this property?
This property features: Newly constructed five‑tenant strip center (Year Built: 2026) with modern storefront design at US 380 and FM 1385; 10‑year NNN lease structure with tenants, aimed at minimizing landlord expense obligations; Fee simple ownership
