1125 FM 544
Wylie, TX
Price:
$3,336,000
Cap Rate:
5.50%
NOI:
$183,493
Building Size:
Approx. 2,984 Sq. Ft.
Lot Size:
Approx. 0.85 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2019
Investment Overview
- 2019 Construction. 2,984+/- SF Building on .85+/- Acre Site
- New 15-Year Corp, NNN w/ 10% Rent Bumps Every 5-Yrs
- Located along FM 544 (43K VPD), just W of TX-78 (40K VPD)
- Near Kroger Market Place, Home Depot, Tom Thumb, Starbucks
- Proximity to New Collin College & 7 Schools (14K Enrolled Students)
- Surrounded by numerous Business, Retail & Multi-Family Communities
- Attractions: Firewheel Town Center, Lake Ray Hubbard, Legacy West Plano
- Wylie is a community in DFW – Leading the U.S in Population Growth
- 3-Miles Avg HH Income: $100,188 | 30-Miles NE of Dallas & Fort Worth
- Dallas/Fort Worth (MSA) | 4TH Largest in the U.S | Population: 7 Million+