1804 State Hwy Wylie, TX 75098
This exceptional investment opportunity presents a fee-simple ownership of a brand-new Starbucks located in Wylie, Texas. The property boasts a 10-year net lease with four 5-year renewal options, ensuring long-term stability and income generation. The lease includes 10% rental increases every five years, providing built-in protection against inflation. Situated on a 1.03-acre lot at a signalized intersection of State Hwy 78 (33,300 VPD), this 2,225 square foot Starbucks enjoys exceptional visibility and high traffic counts. The property features 28 parking spaces and is strategically positioned within a thriving retail corridor, anchored by a major Walmart Supercenter (190,000+ sq ft) and numerous other national retailers, including Home Depot, Tractor Supply Co., and more. The strong demographics of the 5-mile trade area, with over 113,400 residents and an average household income of $152,719, further enhance the investment's appeal. The property's 2024 construction, corporate guarantee, and $148,000 NOI at a 5.30% cap rate, make this a compelling opportunity for passive investors seeking a low-management, high-return investment. The property is zoned CC and has an APN of R-2381-00A-003R-1. This is a truly exceptional opportunity to acquire a fee-simple interest in a prime retail location with a strong national tenant and significant upside potential. The building is 2,225 square feet and sits on a 1.03-acre lot. The property offers limited landlord responsibilities, making it an ideal investment for passive investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.