New Construction NNN Ground
2050 STATE HWY 78, Wylie, TX
Call to check price and availability
New construction NNN ground lease in fast-growing Wylie, Texas.
Type:RETAIL
Property size:
2,824 SFLot size:
0.37 AcresPrice / SF:
$1,092/SF- Added:
- Aug 21, 2025
- Days on Market:
- 270
- Last Refresh:
- Apr 5 at 10:45 pm
Property Features for 2050 STATE HWY 78
General Information
- Standard status
- Active
- Size
- 2,824 SF
- Lot size
- 0.37 Acres
- Property subtype
- RETAIL
Listing agent Josh Bishop (315) 730-6228
Listing office Matthews Real Estate Investment Services | Dallas (315) 730-6228
Listing date Aug 21, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Dallas
HighLights
- 20‑Year Absolute NNN ground lease with zero management responsibilities
- Corporately guaranteed lease (S&P rated BB+)
- Attractive 8% rental increases every 5 years for the life of the lease
- Located at the signalized intersection of State Hwy 78 & Westgate Way with high traffic counts (34,022 vehicles daily)
- Affluent demographics with an average household income of $137,304 annually
- 5‑Mile population of 154,912 residents with expected growth of nearly 9% over the next 5‑years
Overview
This property features a brand new construction scheduled for completion in 2025, with an estimated rent commencement date of December 2025. It is subject to a corporately guaranteed lease, with an S&P rating of BB+. The property is offered as a 20-year absolute NNN ground lease, ensuring zero management responsibilities for the owner. The lease includes attractive 8% rental increases every 5 years throughout its term. Situated at the signalized intersection of State Hwy 78 and Westgate Way, the location benefits from high traffic counts, with over 34,022 vehicles passing through the intersection daily. The surrounding area has a 5-mile population of 154,912 residents and affluent demographics, with an average household income of $137,304 annually. The population is expected to grow by nearly 9% over the next 5 years. Located in Wylie, one of the fastest-growing cities in the northeast suburbs of Dallas, the property offers a total size of 2,824 square feet.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.5143
- Latitude
- 33.0216
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FAQs
What type of property is this?
Storefront property - New construction NNN ground lease in fast-growing Wylie, Texas.
Where is this storefront property located?
The property is located at 2050 STATE HWY 78 Wylie, TX.
What is the asking price?
The asking price for this property is $3,084,112.
What are key features of this property?
This property features: 20‑Year Absolute NNN ground lease with zero management responsibilities; Corporately guaranteed lease (S&P rated BB+); Attractive 8% rental increases every 5 years for the life of the lease
