1225 Bozman Rd Wylie, TX 75098
- Flex space
- 23,907 SF
- 2.09 lot acres
Current Use by Public Records
- Flex space
Property Details for 1225 Bozman Rd
- Year built
- 2022
- Lot size
- 2.09 lot acres
- Property size
- 23,907 SF
- Property type
- Flex space
Description
This exceptional 23,907-square-foot flex industrial property, located at 1225 Bozman Rd, Wylie, TX 75098, presents a compelling investment opportunity. Boasting a 6.61% cap rate and a strong net operating income (NOI) of $346,489, this multi-tenant building offers significant upside potential. Constructed in 2022, the property sits on a 2.09-acre lot and enjoys 100% occupancy, with a waiting list of prospective tenants. The strategic location in the high-growth Wylie submarket, just off FM 544 and south of N State Hwy 78, provides excellent access and visibility. The property features easily leasable suites ranging from 2,000 to 6,000 square feet, catering to a diverse range of businesses. Below-market rents currently in place offer immediate value, with 67% of rentable square footage expiring within the next two years, allowing for significant rental rate increases. Staggered lease expiration dates minimize turnover risk, and most leases are three-year terms. The property benefits from a strong demographic profile, with over 520,000 people within a 10-mile radius and an average household income exceeding $127,981 within a 5-mile radius. The submarket boasts a 95.5% occupancy rate, indicating limited supply in a high-demand area. This is a rare opportunity to acquire a high-performing, modern flex space in a thriving Texas market. Asking price: $5,245,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wylie
- County
- Collin
- State
- Texas
- Longitude
- -96.5193311
- Latitude
- 32.9896886