Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    514 State Hwy, Wylie, TX 75098

    4,238 SF 0.88 ac lot Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a 4,238 square foot Chase Bank located at 514 S State Hwy 78, Wylie, TX 75098, in Collin County. The property boasts a Class A building constructed in 2006, situated on a 0.88-acre lot with ample parking (35 spaces per 1,000 sq ft). The property is currently operating under a 20-year absolute NNN ground lease with JPMorgan Chase Bank (NYSE: JPM), an investment-grade tenant with a Standard & Poor's A credit rating. The lease commenced January 6, 2007, and has a remaining term of approximately 2.1 years, with four, five-year renewal options. The current asking price is $3,642,736, representing a price per square foot of $859.54 and a 4.75% cap rate based on a current NOI of $173,030. The lease includes 10% rent bumps. This single-tenant, 100% occupied property benefits from a highly visible location on a signalized corner of two major Wylie thoroughfares, featuring monument signage and multiple drive-thru lanes. The property enjoys strong co-tenancy with national and regional brands including Walgreens, Home Depot, McDonald's, Anytime Fitness, Subway, Tractor Supply Co, Albertsons, CVS, and Starbucks. The property is zoned I. This is a rare opportunity to acquire a stable, high-performing investment in a desirable location within the Dallas/Fort Worth metroplex.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 4,238 SF
    Lot 0.88 ac (38,333 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 514 State Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message