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    1951 S State Hwy, Unit 78 Wylie, TX

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    For Sale
    $2,512,000

    New construction Dollar General with a 15-year absolute NNN lease.

    Property size:
    11,267 SF
    Lot size:
    0.77 Acres

    Property Features for 1951 S State Hwy

    General Information

    Size
    11,267 SF
    Lot size
    0.77 Acres

    Source: Secure Net Lease - Dallas Agent Bob Moorhead

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

    Overview

    New Dollar General NNN Lease

    This property features new construction completed in 2023, consisting of approximately 11,267 square feet of buildings situated on a 1.033-acre site. It is subject to a 15-year absolute NNN lease with Dollar General, which is corporately backed and has an investment-grade credit rating of BBB by S&P. The lease includes three 5-year options to renew, with 10% rental increases during each option period. The property is located on North State Highway 78, a major north-south corridor with a traffic volume of over 29,100 vehicles per day, playing an important role in regional connectivity. It is situated across the street from Walmart and near other tenants such as Tom Thumb, Tractor Supply, Home Depot, and McDonald’s.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.5143087
    Latitude
    33.0215727

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    FAQs

    What type of property is this?
    Storefront property - New construction Dollar General with a 15-year absolute NNN lease.
    Where is this storefront property located?
    The property is located at 1951 S State Hwy, Unit 78 Wylie, TX.
    What is the asking price?
    The asking price for this property is $2,512,000.
    What are key features of this property?
    This property features: - 15-year absolute NNN lease with option to renew, featuring rental increases.; - Dollar General (NYSE: DG) lease, corporately backed with investment grade credit (S&P: BBB).; - Located on North State Highway 78 (29,100+ VPD).
    (214) 522-7200
    Request Owner's contact information
    1951 S State Hwy, Unit 78 Wylie, TX
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    Wylie, TX
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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
    1951 S State Hwy, Unit 78 Wylie, TX
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