Prosper TX - US 380 Strip Center

Description:

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.

Surrounded by Major Regional Demand Drivers.
Approximately 3 miles from PGA Frisco, the 660-acre headquarters campus of the PGA of America featuring championship golf courses, Omni PGA Resort, entertainment venues, dining destinations, and corporate events.
Approximately 5 miles from Universal Kids Resort, Universal’s first theme park specifically designed for families with young children, which opened in June 2026.
Near numerous employment centers, healthcare facilities, hospitality projects, and entertainment destinations driving sustained consumer demand.
Down the road from Fields Development, a new 2,500+ acre master-planned legacy project that is projected to represent $10-$15 Billion dollars of value at full completion.
Located within one of the most desirable residential and commercial growth markets in the Dallas-Fort Worth Metroplex.

Strong Traffic Counts | Excellent Visibility & Access.
More than 63,800 vehicles pass the intersection of US 380 and FM 1385 daily.
Signalized intersection with excellent visibility from University Drive (US 380).
Prominent monument signage provides strong tenant exposure
Multiple ingress and egress points with convenient customer access.
Robust parking ratio of approximately 5 stalls per 1,000 square feet.

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Listing ID: a28TP000002qmPBYAY