A commercial real estate transaction involving a retail property in Prosper has been finalized, according to an announcement by Marcus & Millichap. The buyer is a private investor, and the seller was also a private party. Specific financial terms of the sale were not made public.
The property, known as Prosper Center, consists of 9,767 square feet of space situated on 1.16 acres at 2810 W. First St. Construction of the building was completed in 2020. At the time of the transfer, the four-suite center was approximately 65 percent occupied. All existing leases are structured on triple-net terms.
Current tenants include Parkview Dental, Peak Physical Therapy, and Best Brains Learning Center. Medical businesses account for nearly half of the total occupied space within the facility. The purchaser intends to fill the remaining vacant units and increase rental rates to enhance the property's value.
Philip Levy, executive managing director of investments at Marcus & Millichap, stated that the location attracted interest because it is situated in a rapidly expanding and affluent area of North Texas. He noted that the site benefits from residential growth, infrastructure improvements, and proximity to regional landmarks such as the PGA of America headquarters, the Omni PGA Resort, and the upcoming Universal Kids Resort.
Levy, along with investment specialists Joseph Jaques, Ron Hebert, and Alyssa DiFilippo from the firm’s Dallas office, handled the marketing of the property. Levy, Jaques, and Hebert also secured the buyer for the deal.
Marcus & Millichap is a commercial brokerage firm focused on investment sales, financing, and advisory services. In 2025, the company reported closing 8,818 transactions with a total sales volume of $50.8 billion. The firm employs more than 1,800 professionals across over 80 offices in the United States and Canada.
