University Plaza

1221 E University Dr, Prosper, TX 75078

Property Information

  • For Lease $42.00 - $45.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 15,247 SF
  • Parking Spaces Avail. 65
  • Year Built 2024
  • Date Updated Aug 16, 2026

Description

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 January of 2025. 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.

Highlights

  • 1600-15,247 SF available
  • 2023 Demographics: Average income of $198,632 with over 40,000 households and a projected population growth of 41% over the next five years
  • Ample parking for tenants and clients: 65 total spaces
  • Minutes from the PGA Frisco, the $550 million Universal Studios development, and Downtown Prosper, which is undergoing a $15 million improvement project
  • Under Construction - delivers as a cold dark shell in January of 2025
  • Walking distance from several single and multifamily developments including the Lakes of La Cima community with an average home value of $1.2M

1 Space Available

Available

Space Type

Street Retail

Lease Rate

$42.00 - $45.00/SF/YR

Total Space

15,247 SF

Divisible Space

1,600 - 15,247 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1221 E University Dr, Prosper, TX 75078, this property is part of the Willow Ridge neighborhood and Dallas Fort Worth market.

Contact Listing Broker
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