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    Country Clb Rd At Parker Rd Wylie, TX 75098

    For Lease
    $32 SF/Yr

    Prime multi-tenant retail space, high growth area.

    Lot size:
    8,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    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 Features for 0 Country Clb Rd At Parker Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,258 SF
    Class
    A
    Total Rate
    22021.33

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 104
    Size
    1,384 SF
    Rate per SF
    $32
    Space
    Unit 106 (with drive thru)
    Size
    1,171 SF
    Rate per SF
    $36
    Space
    Unit 102
    Size
    1,574 SF
    Rate per SF
    $34
    Space
    Unit 101 (with drive thru)
    Size
    1,384 SF
    Rate per SF
    $36
    Space
    Unit 105
    Size
    1,574 SF
    Rate per SF
    $34
    Space
    Unit 103
    Size
    1,384 SF
    Rate per SF
    $32

    HighLights

    • 8,258 SF multi‑tenant retail center in Northeast Dallas.
    • 1,171 SF minimum divisible space, up to 8,258 SF contiguous space available.
    • Six suites total, with 100 SF currently vacant.
    • Located on a 1.35‑acre lot (58,628 SF) at the signalized intersection of FM 1378 and FM 2514.
    • Class A construction completed in 2022, featuring 63 parking spaces and 3‑phase power.
    • PD (retail) zoning allows for diverse uses including restaurants (with drive‑thru capability), medical, office, and daycare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wylie
    County
    Collin
    State
    Texas
    Longitude
    -96.57
    Latitude
    33.0325

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    FAQs

    What type of property is this?
    Retail property - Prime multi-tenant retail space, high growth area.
    Where is this retail property located?
    The property is located at Country Clb Rd At Parker Rd Wylie, TX.
    What is the lease rate?
    The lease rate is $32-$36 SF/Yr.
    What are key features of this property?
    This property features: 8,258 SF multi-tenant retail center in Northeast Dallas.; 1,171 SF minimum divisible space, up to 8,258 SF contiguous space available.; Six suites total, with 100 SF currently vacant.
    Request Owner's contact information
    Country Clb Rd At Parker Rd 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
    Country Clb Rd At Parker Rd Wylie, TX 75098
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