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US 380 & Teel Retail NWC US 380 & Teel Parkway 1,350 - 33,750 SF of Retail Space Available in Prosper, TX 75078
HIGHLIGHTS
- Well-Positioned on Highway 380
- Great combination of dense residential existing and growth that will trade at this development
- Signalized light intersections with curb cuts on 380 & Teel with cross access
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Phase II | 1,350-12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Phase III | 1,350-21,750 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
NWC US 380 & Teel Pky - 1st Floor - Ste Phase II
Bldg 1-3 Delivery: Q2 2025. ~35,000 sf - Will Demise to Size.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Located in a dense residential zone
NWC US 380 & Teel Parkway - 1st Floor - Ste Phase III
Bldg 1-3 Delivery: Q2 2025. ~35,000 sf - Will Demise to Size.
- Located in a dense residential zone
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.
SITE PLAN
SELECT TENANTS AT US 380 & TEEL RETAIL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Castle Nails
- Services
- -
- -
- Cheerland
- Arts, Entertainment, and Recreation
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Castle Nails | Services | - | - |
| Cheerland | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS
| Total Space Available | 33,750 SF | Frontage | 100’ on Highway 380 |
| Min. Divisible | 1,350 SF | Gross Leasable Area | 25,500 SF |
| Center Type | Strip Center | Total Land Area | 13.36 AC |
| Stores | 3 | Year Built | 2026 |
| Center Properties | 3 |
| Total Space Available | 33,750 SF |
| Min. Divisible | 1,350 SF |
| Center Type | Strip Center |
| Stores | 3 |
| Center Properties | 3 |
| Frontage | 100’ on Highway 380 |
| Gross Leasable Area | 25,500 SF |
| Total Land Area | 13.36 AC |
| Year Built | 2026 |
ABOUT THE PROPERTY
The property is strategically located along Highway 380, just north of the upcoming PGA Headquarters, which will feature two TPC golf courses and a vibrant mixed-use development comprising both residential and commercial spaces. The area is set to experience significant growth, with a flyover completion scheduled for 2026, enhancing accessibility. It benefits from signalized light intersections with curb cuts on Highway 380 and Teel Road, offering convenient cross-access. This prime location is surrounded by a robust combination of existing dense residential communities and ongoing growth, positioning the development for strong commercial activity and trade opportunities. Area retailers include Walmart Supercenter, Kroger, PetCo, The Home Depot, Academy, Chick-fil-A, Panera Bread, McDonald's, Jack in the Box, CVS, Hotworx, Taco Bell, Richardson Bike Mart, Dunkin Donuts, Starbucks, Verizon, Whataburger, 7-Eleven, Cane's, Fuzzy's.
NEARBY MAJOR RETAILERS
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US 380 & Teel Retail | NWC US 380 & Teel Parkway
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