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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1502 Preston Rd Prosper, TX 75078

7,500 SF
Property ID
Property summary
AI-generated overview

This exceptional multi-tenant property, located at 1502 N Preston Rd in Prosper, Texas, 75078, presents a compelling investment or expansion opportunity. The building, known as Lakeside Park - Building 2, offers a total of 7,500 square feet of combined retail and office space. Currently, 2,000 square feet is available for lease, providing immediate potential for income generation or business expansion. The property's prime location in Prosper, TX offers excellent visibility and accessibility, making it an attractive destination for businesses and customers alike. The building's multi-tenant configuration allows for flexibility and diversification of income streams. This presents a unique chance to acquire a well-situated property in a thriving Texas market. The existing infrastructure is ready for immediate occupancy, minimizing upfront investment costs. The 2,000 square feet of vacant space offers a blank canvas for customization, allowing tenants to design their ideal workspace. With its strategic location and versatile layout, this property is well-suited for a variety of businesses seeking a presence in the dynamic Prosper community. The property's address is easily accessible from major roadways, ensuring convenient access for both employees and customers. This is an excellent opportunity to secure a foothold in a rapidly growing market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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