Overview
This exceptional retail development, the Village at Prosper, presents a unique investment opportunity in Collin County, Texas. Located at the northeast corner of Coit Road and Highway 380 in the rapidly growing town of Prosper, this property boasts a total of 520,503 square feet across nine suites. Currently, all 520,503 square feet are available, offering flexible space options ranging from a minimum of 16,444 square feet to a maximum contiguous space of 195,156 square feet. Prosper is experiencing significant population growth, exceeding 12% annually since 2012, with over 2,218 single-family residential building permits issued since then. This growth is fueled by the area's highly-rated Prosper Independent School District, which includes seven elementary schools, two middle schools, and one high school, enrolling over 8,500 students. The Dallas Morning News recognized Prosper ISD as a "Top 100 Place to Work" in 2015. The community also benefits from a high concentration of highly educated residents (over 45% with bachelor's degrees or higher) and a median household income exceeding $111,000. The strategic location provides easy access to major North Texas thoroughfares, including Highway 380, the Dallas North Tollway, and Preston Road, and is in close proximity to numerous corporate headquarters, including Toyota, JC Penney, JP Morgan Chase, Liberty Mutual, FedEx, Frito Lay, Beal Bank, Bank of America, Ericsson, and Pizza Hut. This property offers unparalleled potential for businesses seeking to capitalize on Prosper's thriving market. The property's size and flexibility make it ideal for a variety of retail concepts.
