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+