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33264859
33264860

206 South Birmingham Street, Wylie, TX 75098

PL
TX TX 522087
Marcus & Millichap - Dallas
CG
TX 0612970
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Dallas, Marcus & Millichap - Fort Lauderdale
$7,378,800
2 days on market
Updated 1 day ago

Victory Shops at Wylie

Details
APN 2575525
Property Type Retail
Sub Type Shopping Center
Square Footage 9,802
Cap Rate 5.75%
NOI $424,284
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $753
Year Built 2025
Stories 1
Acreage 0.550
Investment Type Stabilized
Ground Lease No

NEW 2025 CONSTRUCTION : 100% LEASED : EMBEDDED CONTRACTUAL RENTAL GROWTH

Marketing description

Victory Shops at Wylie is a newly constructed two-tenant retail center featuring modern construction, attractive contemporary architecture, and efficient site design in Wylie, Texas, one of Collin County’s fastest-growing suburban corridors. The property consists of an 8,002-square-foot medical-oriented suite occupied by Action Behavior Centers and an 1,800-square-foot drive-thru endcap with a pending lease to Dunkin’, creating a highly functional tenant mix driven by recurring daily consumer traffic. Both tenants operate under triple-net lease structures with embedded contractual rental growth, providing increasing cash flow over the lease terms.

The subject property is located at a strategic hard corner intersection along State Highway 78 and South Birmingham Street in Wylie, Texas, a rapidly expanding city within the Dallas-Fort Worth metroplex. The center is easily accessible from both roads with combined traffic counts exceeding 35,400 vehicles per day passing the site. The property benefits from its position in an established retail corridor connecting downtown Wylie with the area’s expanding residential growth corridors. The property is surrounded by rapidly expanding residential and commercial developments, including the nearby 13-acre Cooper Plaza mixed-use development and the 544 Gateway Addition. The immediate neighborhood features numerous national quick-service restaurants and major daily-needs anchors, placing the site at the intersection of daily commuter routes and local community activity.

Investment highlights

NEW 2025 CONSTRUCTION WITH LONG-TERM NNN LEASES

Newly constructed 9,802-square-foot retail center featuring modern construction, new building systems, and long-term triple-net leases designed for low-maintenance ownership

100% LEASED TO NATIONAL TENANTS

• Corporate lease with Action Behavior Centers

• Dunkin’ (executed LOI with Dunkin’ pending final lease execution) is operated by Quality Brands Group, one of the largest Dunkin franchise operators in the western United States with nearly 200 locations

EMBEDDED CONTRACTUAL RENTAL GROWTH

Both Dunkin’ and Action Behavior Centers leases include scheduled annual rent escalations

HARD CORNER ON STATE HIGHWAY 78

The property sits at the intersection of South Birmingham Street and State Highway 78, benefiting from excellent visibility, accessibility, and exposure to 35,400+ combined vehicles per day

AFFLUENT & RAPIDLY GROWING DEMOGRAPHICS

The surrounding trade area features average household incomes exceeding $136,898 within a five-mile radius and projected population growth exceeding 20% over the next five years

POSITIONED NEAR MULTIPLE WYLIE ISD CAMPUSES

The property benefits from its proximity to several Wylie ISD schools and educational facilities, generating consistent daily traffic from students, parents, faculty, and surrounding family-oriented residential neighborhoods throughout the week

SIGNIFICANT RESIDENTIAL EXPANSION SUPPORTING FUTURE RETAIL DEMAND

Nearby master-planned communities and residential developments including Elevon, Inspiration, Lake Breeze Estates, and multiple expanding housing corridors continue to drive long-term population growth and consumer demand

Listing Contacts

PL
TX TX 522087
Marcus & Millichap - Dallas
CG
TX 0612970
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Dallas, Marcus & Millichap - Fort Lauderdale

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$424,284.00
$35,357.00/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Philip Levy
License
TX 522087
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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