2771 West FM 544

Price: $1,286,000
Sq. Ft.: 7,300
Cap Rate: 9.25%
Built: 2007

The subject property is a 7,300-square foot multi-tenant retail strip located in Wylie, Texas.  The center is 100 percent occupied, and all leases are triple-net.  Tenants include Sports Syndicate, Floor USA, Mattress Superstore, Tru Fitness, and Salon Dermoni.  The building was constructed in 2007 and sits on 1.47 acres.

The subject property is located on West FM 544.  Traffic counts are approximately 34,000-vehicles per day.  Woodbridge Center is two blocks west of the property, anchored by a Super Target, Kohl’s, PetSmart, Dollar Tree and Ross Dress for Less.  A newly constructed 123,000-square foot Kroger Marketplace is just west of the property, and numerous other retailers neighbor the subject property.  The area has excellent demographics, with a five mile average household income exceeding $112,000 and a population of 144,450 residents.

Wylie is a city in Collin County, approximately 30 miles northeast of Dallas.  What began as a small Texas town established 120 years ago, the City of Wylie has become one of the fastest growing communities in North Texas.  With expanding transportation, infrastructure, school system, and aggressive financial assistant packages, Wylie is proving to be a very attractive option to new and expanding businesses.

  • 7,300-Square Foot, Multi-Tenant Retail Strip
  • 100 Percent Occupied | All Leases are Triple-Net
  • Located on FM 544 | Traffic Counts are Approximately 34,000-Vehicles Per Day
  • Two Blocks East of Woodbridge Crossing, Anchored by Super Target, Kohl’s, PetSmart, Dollar Tree and Ross
  • Just West of a Newly Constructed Kroger Marketplace Anchored Center
  • Excellent Demographics | Five Mile Average Household Income Exceeds $112,000 and the Population is 144,450
  • Wylie is Approximately 30 Miles Northeast of Downtown Dallas