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33290951
33290950

409 S STATE HWY 78, WYLIE, TX 75098

TT
TX 543816
SHOP Companies Dallas
Listed by SHOP Companies Dallas
$3,894,000
1 day on market
Updated 1 day ago

PNC Bank Ground Lease

Details
APN 1960321
Property Type Retail
Square Footage 3,000
Units 1
Cap Rate 4.75%
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 10/31/2046
Remaining Term 20
Rent Bumps Yes
Year Built 2026
Stories 1
Acreage 0.650
Lease Commencement 10/23/2026
Ground Lease No

PNC Bank Ground Lease | $3,894,000 | 20 Year Absolute NNN Lease | Wylie, TX (DFW)

Marketing description

PNC Bank recently signed a 20-year corporate ground lease for a brand new 2026 construction

drive thru bank branch in the primary retail corridor of Wylie, Texas, the tenant is anticipated to open for business October 2026. Positioned just north of the Highway 78 and FM 544 intersection, the Property is approximately 35 minutes northeast of Downtown Dallas. PNC Bank Ground Lease sits on +/- 0.65 acres with excellent positioning on Highway 78 alongside notable national tenants such as Starbucks, Chick Fil A, Whataburger, Chipotle, and McDonalds. The Property consists of brand new a 3,000 SF partial masonry construction bank, complete with a 3-lane drive thru. The ground lease features 10% rental escalations every 5 years with four 5-year renewal options. PNC Bank

is a publicly traded company (NYSE: PNC) with a corporate credit rating of “A” by S&P and “A2” by

Moody’s, both considered investment grade. PNC Bank Ground Lease benefits from excellent frontage to Highway 78, full access entry and exit, and a two sided highly visible pylon sign. Notable national retailers in the immediate area include Starbucks, Chick Fil A, Whataburger, Chipotle, McDonalds, O'Reilly Auto Parts, CVS Pharmacy and Walgreens amongst others.

Investment highlights

▪ 2026 Partial Masonry Construction Bank with Drive Thru ATM Located on +/-0.65 Acres

▪ Adjacent to Notable National Tenants Starbucks, Chick Fil A, Whataburger, Chipotle & McDonalds Among Others

▪ 20 Year Ground Lease with 10% Rent Escalations Every 5-Years (Anticipated Opening October 2026)

▪ PNC Bank Corporate Credit Rated “A” by S&P & “A2” by Moody’s, Both Considered Investment Grade

▪ Positioned Just North of Highway 78 and FM 544 intersection (66,700 VPD), Approximately 40 Minutes Northeast of Downtown Dallas

▪ Average Household Income Exceeds $149,500 and $165,900 in 3 & 5 Mile Radii, Respectively

▪ Close Proximity to Wylie HS & Wylie East HS (5,800+ Combined Students)

▪ Minutes from Firewheel Town Center (Premier Outdoor Shopping, 996,000 of GLA, Over 110 Shops & Restaurants)

Listing Contacts

TT
TX 543816
SHOP Companies Dallas
Listed by SHOP Companies Dallas

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