Property profile

0 Country Clb Rd At Parker Rd Wylie, TX 75098

OFF-MARKET
Retail properties & Spaces
8,258 SF 1.35 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional Class A, 8,258 square foot multi-tenant retail center, built in 2022, is situated on a 1.35-acre lot (58,628 sq ft) at the signalized intersection of FM 1378 and FM 2514 in Collin County's Northeast Dallas submarket. The property boasts 6 suites, ranging from 1,171 to 8,258 contiguous square feet, with 100 square feet currently vacant. Offering 63 parking spaces and three-phase power, this strategically located center benefits from high visibility and accessibility due to its location on two major, six-lane thoroughfares. The property's PD (retail) zoning allows for a wide range of uses, including restaurants (with drive-thru capability), retail, medical offices, and more. The area surrounding the center is experiencing rapid residential growth, creating a large and underserved consumer base. High barriers to entry and limited competition within a five-mile radius ensure a strong potential for sustained success. A CVS Pharmacy is already operational on the site, further demonstrating the area's viability. One pad site is available for ground lease, and a significant portion (64%) of the remaining multi-tenant retail space is currently under pre-lease agreements. Annual property taxes are $3 per square foot. This is a rare opportunity to invest in a thriving retail center in a high-growth area with significant long-term potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 8,258 SF
Lot 1.35 ac (58,806 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Country Clb Rd At Parker Rd Wylie, TX 75098
Wylie metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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