University Plaza

For Lease

1221 E University Dr, Prosper, TX 75078

You can currently find 1 retail space(s) available for lease at University Plaza. Designated use type for space listed here includes street retail. Current retail listings at this property total 15,247 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at University Plaza.

Space Available For Lease 1

Contacts

broker

Najdi Rafaty

LINC Commercial Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 15,247 SF
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 65
  • Year Built 2024
  • Date Updated Oct 18, 2024
In Prosper, TX, the area surrounding the property is a thriving retail destination, surrounded by affluent neighborhoods and a rapidly growing population. With its prime visibility and accessibility, nearby attractions such as the Gates of Prosper shopping center and the Windsong Ranch community draw steady foot traffic, presenting a lucrative opportunity for retail tenants. This dynamic environment provides an ideal setting for retail businesses to thrive and build a loyal customer base.This prime property in Prosper, TX offers optimal visibility and accessibility on University Dr/Hwy 380, making it an ideal choice for high-traffic retail or office environments. The development is under construction and will deliver as a shell in November of this year. The center offers tenants a prime location, only minutes from the PGA Frisco, Universal Studios development and downtown Prosper. Don't miss this exciting leasing opportunity to establish or expand your business in a prime location with unlimited potential for success.

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Highlights

  • 1600-15,247 SF available
  • Under Construction - delivers as a cold dark shell in November of 2024
  • Ample parking for tenants and clients: 65 total spaces
  • Walking distance from several single and multifamily developments including the Lakes of La Cima community with an average home value of $1.2M
  • Minutes from the PGA Frisco, the $550 million Universal Studios development, and Downtown Prosper, which is undergoing a $15 million improvement project
  • 2023 Demographics: Average income of $198,632 with over 40,000 households and a projected population growth of 41% over the next five years

Attachments

Getting around

  • 27/100

    Walk Score ®

  • 25/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Prosper, TX
  • Neighborhood Willow Ridge
  • Zip Code 75078
  • Market Dallas Fort Worth

Points of Interest

  • Valero

    0.18 miles

  • 7-Eleven

    0.31 miles

  • Walmart

    0.55 miles

  • Exxon

    1.94 miles

  • Kroger

    2.12 miles

  • Circle K

    3.04 miles

  • Murphy USA

    3.09 miles

  • LIGHT FARMS LFC 1

    3.88 miles

  • Tesla Supercharger

    6.22 miles

  • Blink

    6.31 miles

  • Green

    4.74 miles

  • Bus Parking

    4.90 miles

  • Red Stadium West

    5.06 miles

  • Blue Stadium East

    5.08 miles

  • Gold

    5.20 miles

  • Roma's Italian Restaurant

    0.14 miles

  • Chick-fil-A

    0.61 miles

  • Chili's

    0.61 miles

  • Olive Garden

    0.65 miles

  • Whataburger

    0.66 miles

  • Texas Roadhouse

    0.68 miles

  • Subway

    0.88 miles

  • Papa John's

    0.89 miles

  • Taco Belll

    0.95 miles

  • Halo Pizzeria

    2.15 miles

  • Burlington

    0.45 miles

  • Walmart Supercenter

    0.53 miles

  • Target

    1.02 miles

  • Kroger Marketplace

    2.10 miles

  • Sprouts Farmers Market

    3.27 miles

  • Tom Thumb

    3.46 miles

  • Kroger

    4.23 miles

  • Market Street

    4.35 miles

  • H-E-B

    4.51 miles

  • Kohl's

    5.75 miles

1221 E University Dr Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at University Plaza asks $43.50/SF/YR per square foot.

  • The property includes 15,247 square feet of retail space for lease. Of this total, 15,247 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Willow Ridge is 36. The average household income here is $178,254 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Najdi Rafaty

LINC Commercial Realty

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  2. 2Extra information