Private Investor Acquires 9,767 Square Foot Retail Property In Prosper Texas From Private Seller
2810 West First Street
Building Size
9,767 SF
Asset Type
Retail
Closing
Jul 2, 2026
About this deal
AI
A private investor acquired Prosper Center, a multi-tenant retail property located at 2810 West First Street in Prosper, Texas. The property encompasses 9,767 square feet on a 1.16-acre lot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 2810 West First Street, Prosper, TX
- Asset Size: 9,767 square feet
- Lot Size: 1.16 acres
- Seller: Private seller
- Brokers: Philip Levy, Joseph Jaques, Ron Hebert & Alyssa DiFilippo - Marcus & Millichap
- Buyer: Private investor
Marcus & Millichap's team, including Philip Levy, Joseph Jaques, Ron Hebert, and Alyssa DiFilippo, represented the seller, while Levy, Jaques, and Hebert were involved in procuring the buyer for this transaction.
On the Map
Retail
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Players
Saint Maries Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93