pOpshelf Wylie, TX

1971 North State Highway 78
Wylie, TX

Price: $2,512,000
Cap Rate: 6.60%
NOI: $165,762
Building Size: Approx. 11,267 Sq. Ft.
Lot Size: Approx. 1.033 Acres
Type: Single-Tenant / Retail
Sub Category: Dollar Store
Year Built: 2023

Investment Overview

  • 2023 Construction. 11,267+/- SF Buildings on 1.033+/- Acre Site
  • 15-Year Absolute NNN Lease with (3) 5-Year Options to Renew and 10% Rental Increases in the Option Periods
  • Dollar General (NYSE: DG) Corporately Backed Lease with Investment Grade Credit (S&P: BBB)
  • Located on North State Highway 78 (29,100+ VPD), a Major North-South Corridor that Plays an Important Role in Regional Connectivity
  • Across the Street from Walmart & Near Several Other Tenants Such as Tom Thumb, Tractor Supply, Home Depot, McDonald’s, & More.
  • Wylie, TX is One of the Fastest Growing Cities in the DFW Metroplex, located in the Northeast Suburb of Dallas
  • Wylie | Located in the DFW Metroplex | DFW Population: 8.3M+

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