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Five-Tenant Retail Strip Center
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5720 West University Drive, Prosper, TX 75078

Brand-new five-tenant retail strip center with 10-year NNN leases.

Property Size13,774 SF
Price / SF$740.53
Days on Market55

Property Features for 5720 West University Drive

General Information

Standard status Active
Size 13,774 SF
Class A
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $598,103

Site & Location

Traffic Count 63,800 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2025
Buildings 1
Stories 1
Units 5
Tenancy Multi
Listing Agency: SRS National Net Lease Group
Listed By: Chuck Klein · License #CA License No. 00947314
Source: Crexi
Added: Jul 14 Changed: Aug 27 Last Checked: Sep 1 at 8:47PM

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 National Net Lease Group

Investment Insights

Based on property information with market context.

Westside Gateway is a newly delivered, five-tenant retail strip center currently described as 100% occupied and totaling approximately 13,774 SF. The center includes a service-oriented tenant mix featuring 85°C Bakery Café, Rose Couture Nail Bar, Gold Rush, and Navy Federal Credit Union, along with one additional suite noted as lease-pending. The properties are structured with 10-year NNN leases.

The site is positioned at the signalized northeast corner of US 380 and FM 1385, directly adjacent to Costco, and is described as benefiting from strong visibility and access at a high-traffic intersection.

Additional surrounding retail and destination draws cited include H-E-B, Walmart, Kroger Marketplace, PGA Frisco, and Universal Kids Resort, supporting ongoing demand across the US 380 corridor.

Key Highlights

  • Newly built five‑tenant retail strip center (2025) totaling approximately 13,774 SF
  • Located at the signalized NEC of US 380 and FM 1385 in Prosper, TX
  • Adjacent to Costco, supporting crossover traffic from a major retail anchor

Property Analytics

Current Use

Shopping centers

Lease Details

63,800 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Longo Toyota Of Prosper Shops & Services
5,992 visits/mo 0.2 miles
Prosper Ford Shops & Services
4,759 visits/mo 0.3 miles
U-Haul Shops & Services
2,265 visits/mo 0.2 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

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Brand-new five-tenant retail strip center with 10-year NNN leases.
Where is this shopping center located?
The property is located at 5720 West University Drive Prosper, TX.
What is the asking price?
The asking price for this property is $10,200,000.
What are key features of this property?
This property features: Newly built five‑tenant retail strip center (2025) totaling approximately 13,774 SF; Located at the signalized NEC of US 380 and FM 1385 in Prosper, TX; Adjacent to Costco, supporting crossover traffic from a major retail anchor
More about this property
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