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Property profile & analytics
FOR LEASE
Commercial real estate

1221 E University Dr Prosper, TX 75078

15,247 SF Built 2024
Entity Owned 3-yr Hold
Property ID
US83-0287398
Property summary
AI-generated overview

University Plaza Prosper, a brand-new, single-story office building (15,247 total square feet) located at 1221 E University Dr, Prosper, TX 75078, offers exceptional leasing opportunities. Completed in November 2024, this prime location boasts high visibility and accessibility on University Dr/Hwy 380, ensuring significant traffic exposure. The building features a modern design and offers flexible space options, with a minimum divisible space of 1,600 square feet and the potential to lease the entire 15,247 square feet contiguously. Ceiling heights range from 18 to 21 feet, providing versatile space for various business needs. Ample parking is available with 65 spaces provided for tenants and their clients. The building is a shell space, allowing for complete customization to suit individual tenant requirements. This presents a unique chance to establish or expand your business in a thriving Prosper, Texas location with exceptional potential for growth and success. The property is ideally suited for a variety of office uses.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 15,247 SF
UPID US83-0287398
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
A2 Constructions LLC · 3 yrs held
A2 Constructions LLC
since 2022
2 recorded transactions
2023
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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