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    120 S Birmingham St Wylie, TX 75098

    For Sale
    $2,401,000

    Retail property in Wylie, TX with established childcare tenant.

    Property size:
    10,098 SF
    Lot size:
    1.48 Acres

    Property Features for 120 S Birmingham St

    General Information

    Size
    10,098 SF
    Lot size
    1.48 Acres

    Source: Colliers | Dallas Agent Geoff Ficke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wylie, TX Retail Investment Opportunity

    This retail property is located in Wylie, Collin County, Texas. Collin County is one of the top 5 fastest-growing counties in the U.S. The Wylie population has grown 15.5% since 2020. The median household income in a 10-mile radius is $107,416+. The property offers a brand new 5-year lease with two 5-year renewal options and 2.5% annual rent increases throughout the base and option terms. The lease is personally guaranteed by an experienced childcare operator. The tenant, Building Kidz, is an established childcare provider with locations across the United States. The property is suitable for childcare and other retail purposes. The property is 10,098 square feet. The tenant is paying below-market rents. Childcare is a needs-based sector with resilience in economic cycles. The Texas market is business-friendly and income-tax-free, and the Dallas-Fort Worth area continues to attract inbound population migration, job growth, and new development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5417545
    Latitude
    33.0122209

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    FAQs

    What type of property is this?
    Storefront property - Retail property in Wylie, TX with established childcare tenant.
    Where is this storefront property located?
    The property is located at 120 S Birmingham St Wylie, TX.
    What is the asking price?
    The asking price for this property is $2,401,000.
    What are key features of this property?
    This property features: - Brand new 5-year lease with renewal options and annual rent increases.; - Personally guaranteed lease from experienced childcare operator, Building Kidz.; - Located in Wylie, Collin County, one of the fastest-growing counties in the U.S.
    (859) 907-2006
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    120 S Birmingham St Wylie, TX 75098
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    Wylie, TX 75098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 S Birmingham St Wylie, TX 75098
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