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Costco Development 5720 University Drive 13,774 SF 17% Leased 4-Star Retail Building Aubrey, TX 76227 $10,401,000 ($755.12/SF) 5.75% Cap Rate
Investment Highlights
- Brand-New Costco-Anchored Strip Center | 10-Year NNN Leases | Fee Simple Ownership
- Located Along the US 380 Growth Corridor | Billions in Public & Private Investment
- Surrounded by Major Regional Demand Drivers | Strong Traffic Counts | Excellent Visibility & Access
- Directly Adjacent to Costco | Dominant Regional Traffic Driver
- Exceptional Demographics | Among the Most Affluent Trade Areas in Texas
- Diverse Service-Oriented Tenant Mix | Internet-Resistant Uses | Located Within the Nation’s Fourth-Largest Metropolitan Area
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
13,774 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$10,401,000
Price Per SF
$755.12
Cap Rate
5.75%
NOI
$598,103
Percent Leased
17%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.70 AC
Frontage
171’ on East University Drive
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Call for info and price.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 11,444 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 11,444 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 11,444 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Call for info and price.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R1050845 | Improvements Assessment | $0 |
| Land Assessment | $2,194,117 | Total Assessment | $2,194,117 |
Property Taxes
Parcel Number
R1050845
Land Assessment
$2,194,117
Improvements Assessment
$0
Total Assessment
$2,194,117
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Costco Development | 5720 University Drive
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