Investment Offering
Prosper TX - US 380 Strip Center
5720 West University Drive | Prosper, TX 75078
$10,200,000
Price5.86%
Cap Rate$598,103
NOI2026
Year Built100%
Occupancy13,764
± SF Offering GLA1.7
± AC Land AreaDescription
Brand-New Costco-Anchored Strip Center | 10-Year NNN Leases | Fee Simple Ownership.
Opportunity to acquire a newly constructed five-tenant strip center located at the signalized intersection of US 380 and FM 1385 in Prosper, Texas, one of the fastest-growing communities in the Dallas-Fort Worth Metroplex.
Tenants operate under NNN lease structures, minimizing landlord expense obligations and providing stable cash flow.
Newly delivered construction featuring modern design, attractive storefronts, and existing building and roof warranties.
Directly Adjacent to Costco | Dominant Regional Traffic Driver.
Located immediately adjacent to Costco Wholesale, one of the strongest retail traffic generators in North America.
Benefits from daily consumer visits generated by Costco, creating recurring crossover traffic for the subject tenants.
Positioned within a rapidly expanding retail node featuring H-E-B, Walmart, Kroger Marketplace, Sprouts, Academy Sports, Chick-fil-A, Starbucks, Dutch Bros, Whataburger, and numerous additional national retailers.
One of the closest multi-tenant retail assets to the Costco entrance & parking field.
Located Along the US 380 Growth Corridor | Billions in Public & Private Investment.
Situated at the intersection of US 380 and FM 1385, one of the most significant growth corridors in North Texas.
Benefiting from substantial regional transportation improvements including the widening of FM 1385 and long-term US 380 corridor expansion projects, with both roads exapanding to 6-lanes.
Surrounding area continues to experience significant residential, retail, hospitality, and infrastructure investment.
Positioned to benefit from future increases in traffic volume, accessibility, and population growth throughout the corridor.
Documents & Links
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 Offering Memorandum |  |  |