Country Clb Rd At Parker Rd Wylie, TX 75098
- Retail properties
- 8,258 SF
- 1.35 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Country Clb Rd At Parker Rd
- Year built
- 2022
- Lot size
- 1.35 lot acres
- Property size
- 8,258 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.57
- Latitude
- 33.0325
