405 Williams StWylie, TX 75098

For Sale
$449,000

High-traffic, freestanding retail building.

Overview

Added:
Dec 11, 2024
Days on market:
93
This 1,375 square foot, Class B retail building in Wylie, TX, is situated on a 0.13-acre lot at 405 Williams St, 75098. Built in 2019, this single-story property boasts 100% occupancy with a gross lease and currently operates as a grocery store and dry cleaning establishment. The asking price is $449,000, representing a price per square foot of $326.55 and an 8.50% cap rate. The property benefits from a prime location on a high-traffic corridor (33,000+ vehicles per day) with excellent visibility. Neighboring businesses include Chick-fil-A, Starbucks, McDonald's, Sonic, and a Conoco gas station, ensuring high foot traffic and brand recognition. The property is zoned CC and offers significant potential for a variety of retail uses. This is a multi-tenant building with a zero-year remaining lease term, presenting an immediate opportunity for a new owner to establish their own lease agreements. The property's strong location and current occupancy make it an attractive investment opportunity in the thriving Wylie, Texas market. Serious inquiries only

Highlights

  • High-traffic corner location across from Chick-fil-A and Starbucks.
  • Close proximity to McDonald's.
  • Adjacent to Sonic Drive-In and a Conoco gas station.
  • Located behind a Tire and Lube shop.

Property Details for 405 Williams St

Property type
Other retail properties, Individual retail properties
Square Feet
1,375 SF
Class
B
Year Built
2019
Stories
1
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Wylie
County
Collin
State
Texas
Latitude
33.0090697
Longitude
-96.5430358
405 Williams St, Wylie, Texas

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405 Williams St
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