1221 E University Dr Prosper, TX 75078
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.