Marcus & Millichap brokers sale of 9,767-sq-ft Prosper Center retail property in Texas

Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMI

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  • Marcus & Millichap brokered the sale of Prosper Center, a 9,767-square-foot multi-tenant retail property in Prosper, Texas.
  • Asset, built in 2020 on 1.16 acres, was nearly 65% occupied at closing; leases are structured as triple-net.
  • Private investor acquired the property from a private seller; sale price was not disclosed.
  • Buyer plans to lease remaining vacancy, targeting value-add returns from higher occupancy and rent growth.


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