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Highlights

  • Prime frontage along US-380 with excellent visibility.
  • Full exterior remodel planned for enhanced curb appeal.
  • Strong demographics with high household incomes nearby.
  • Less than one mile from US-75 and Historic Downtown McKinney.
  • Under new ownership with commitment to property upgrades.

Space Availability (5)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 103
  • 850 SF
  • Negotiable
  • $54.91 CAD/SF/YR $4.58 CAD/SF/MO $46,675 CAD/YR $3,890 CAD/MO
  • Triple Net (NNN)
1502 W University Dr - 1st Floor - Ste 103
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Full exterior remodel coming soon
  • 1st Floor, Ste 112
  • 900 SF
  • Negotiable
  • $54.91 CAD/SF/YR $4.58 CAD/SF/MO $49,421 CAD/YR $4,118 CAD/MO
  • Triple Net (NNN)
1502 W University Dr - 1st Floor - Ste 112
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

2nd generation retail space. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 1,900 SF of adjacent space
  • Central Air and Heating
  • 1st Floor, Ste 113
  • 1,000 SF
  • Negotiable
  • $54.91 CAD/SF/YR $4.58 CAD/SF/MO $54,912 CAD/YR $4,576 CAD/MO
  • Triple Net (NNN)
1502 W University Dr - 1st Floor - Ste 113
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,900 SF of adjacent space
  • Central Air and Heating
  • Full exterior remodel coming!
  • 1st Floor, Ste 150
  • 1,980 SF
  • Negotiable
  • $61.78 CAD/SF/YR $5.15 CAD/SF/MO $122,316 CAD/YR $10,193 CAD/MO
  • Triple Net (NNN)
1504 W University Dr - 1st Floor - Ste 150
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

2nd generation restaurant space. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 3,140 SF of adjacent space
  • Central Air and Heating
  • Full exterior remodel coming soon
  • 1st Floor, Ste B
  • 1,160 SF
  • Negotiable
  • $61.78 CAD/SF/YR $5.15 CAD/SF/MO $71,660 CAD/YR $5,972 CAD/MO
  • Triple Net (NNN)
1504 W University Dr - 1st Floor - Ste B
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

White box delivery. Drive-thru available. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 3,140 SF of adjacent space
  • Central Air and Heating
  • Drive Thru
  • Full exterior remodel coming soon
Space Size Term Rental Rate Rent Type
1st Floor, Ste 103 850 SF Negotiable $54.91 CAD/SF/YR $4.58 CAD/SF/MO $46,675 CAD/YR $3,890 CAD/MO Triple Net (NNN)
1st Floor, Ste 112 900 SF Negotiable $54.91 CAD/SF/YR $4.58 CAD/SF/MO $49,421 CAD/YR $4,118 CAD/MO Triple Net (NNN)
1st Floor, Ste 113 1,000 SF Negotiable $54.91 CAD/SF/YR $4.58 CAD/SF/MO $54,912 CAD/YR $4,576 CAD/MO Triple Net (NNN)
1st Floor, Ste 150 1,980 SF Negotiable $61.78 CAD/SF/YR $5.15 CAD/SF/MO $122,316 CAD/YR $10,193 CAD/MO Triple Net (NNN)
1st Floor, Ste B 1,160 SF Negotiable $61.78 CAD/SF/YR $5.15 CAD/SF/MO $71,660 CAD/YR $5,972 CAD/MO Triple Net (NNN)

1502 W University Dr - 1st Floor - Ste 103

Size
850 SF
Term
Negotiable
Rental Rate
$54.91 CAD/SF/YR $4.58 CAD/SF/MO $46,675 CAD/YR $3,890 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Full exterior remodel coming soon

1502 W University Dr - 1st Floor - Ste 112

Size
900 SF
Term
Negotiable
Rental Rate
$54.91 CAD/SF/YR $4.58 CAD/SF/MO $49,421 CAD/YR $4,118 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

2nd generation retail space. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 1,900 SF of adjacent space
  • Central Air and Heating

1502 W University Dr - 1st Floor - Ste 113

Size
1,000 SF
Term
Negotiable
Rental Rate
$54.91 CAD/SF/YR $4.58 CAD/SF/MO $54,912 CAD/YR $4,576 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 1,900 SF of adjacent space
  • Central Air and Heating
  • Full exterior remodel coming!

1504 W University Dr - 1st Floor - Ste 150

Size
1,980 SF
Term
Negotiable
Rental Rate
$61.78 CAD/SF/YR $5.15 CAD/SF/MO $122,316 CAD/YR $10,193 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

2nd generation restaurant space. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 3,140 SF of adjacent space
  • Central Air and Heating
  • Full exterior remodel coming soon

1504 W University Dr - 1st Floor - Ste B

Size
1,160 SF
Term
Negotiable
Rental Rate
$61.78 CAD/SF/YR $5.15 CAD/SF/MO $71,660 CAD/YR $5,972 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

White box delivery. Drive-thru available. Exterior remodel coming soon!

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 3,140 SF of adjacent space
  • Central Air and Heating
  • Drive Thru
  • Full exterior remodel coming soon

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Plaza North Shopping Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Minuteman Press
  • Other Services
  • 1,362
  • International
  • Signarama
  • Other Services
  • 596
  • International
Tenant Description US Locations Reach
Minuteman Press Other Services 1,362 International
Signarama Other Services 596 International

Property Facts

Total Space Available 5,890 SF
Max. Contiguous 3,140 SF
Center Type Strip Center
Parking 55 Spaces
Stores 1
Center Properties 3
Frontage 400’ on US 380
Gross Leasable Area 20,871 SF
Total Land Area 2.28 AC
Year Built 1997

About the Property

Retail space on US 380 in a high traffic area of McKinney, TX. The property is surrounded by established residential neighborhoods, and easily accessible from US 380. US 75 is less than 1 mile away. Great location situated just seconds from HWY 75.

  • Freeway Visibility
  • Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

La Michoacana Meat Market
Prosperity Bank
Chase Bank
Storage Sense
Woodforest Bank
Rent-A-Center
Bank Of Texas
SouthState Bank
Fit Body Boot Camp
Olive Garden
  • Listing ID: 23031963

  • Date on Market: 2025-12-18

  • Last Updated:

  • Address: 1500-1502 W University Dr, McKinney, TX 75069

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