Chick-fil-A Prosper, TX

1898 N Dallas Pkwy
Prosper, TX

Price: $5,866,000
Cap Rate: 3.75%
NOI: $220,000
Building Size: Approx. 5,385 Sq. Ft.
Lot Size: Approx. 2.787 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2025

Investment Overview

  • 2025 Construction. 5,385+/- SF Building on 2.787+/- Acre Site
  • 15-Year Abs. NNN Ground Lease w/ 10% Rental Increases Every 5 Years in both Primary Term & (10) 5-Year Renewal Options
  • Pad Site for a Brand New 132,000-Square-Foot H-E-B Store at Frontier Parkway and the Dallas North Tollway in Prosper, Opened Fall 2025
  • Located on Corner of Dallas Pkwy & Frontier Pkwy (24,106+ VPD), Just North of Dallas N Tollway & University Drive (72,122+ VPD)
  • Adjacent to Prosper High School (3,449+ Students) & their Prosper ISD Children’s Health Football Stadium (Capacity of 12,000)
  • Chick-fil-A Operates 3,100+ Restaurants Nationwide, w/ Industry-Leading ~$9.3M AUV & Ranked #1 in U.S. Customer Satisfaction
  • Prosper | Suburb of Dallas, Only 30 Miles North of Downtown Dallas | Population: 49,000+; MSA: 8.3M+

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