The Shops of Northern Wylie (1.83 ac) - Tom Thumb coming
Join CVS, Tom Thumb; multi tenant retail space and pads sites available
Marketing description
The Shops of Northern Wylie is located 36 minutes north of downtown Dallas. This region has experienced rapid growth: continuously one of the fastest growing populations in Texas. The property is the southwest corner of FM 1378 at FM 2514. Both roads have been widened to a six-lane thoroughfare. This location is at the signalized crossroad of two major, regional thoroughfares and bound by the City of Wylie, to the southwest; the Town of Lucas, to the northwest; and the Town of Saint Paul, to the southeast and northeast.
The property will be shadow anchored by the new Tom Thumb grocery store at the northwest corner. Tom Thumb development will include a 130,000-square-foot shopping center anchored by Tom Thumb and a 25,000-square-foot restaurant village with 15 pad sites and a community park. Construction for the Tom Thumb is expected to begin in the fourth quarter 2025 and wrap up in 2026.
The neighboring community of Parker prohibits commercial development, which limits retail competition up to five miles west. High barriers to entry have historically limited commercial development in the area. The Shops of Northern Wylie is a commercial island offering business owners an opportunity to capture consumers within an expansive trade area and maintain sustained levels of protectionism. Limited to no retail services exist for two miles south; five miles west; three miles east, up to the edge of Lake Lavon; and ten miles north, approximately half the distance to US 380. The intersection is bound by several thousand existing high density residential homes to the south, with several thousand more lots planned immediately north and east. CVS has been constructed and is currently operating.
The site is zoned Planned Development, PD-10, and is ideal for fuel operations and banks; retail and professional services; automotive; and drive through and sit down restaurants. All utilities are on site. For more information, contact Stephen Schattner. 972.385.1907 ext 301
Investment highlights
Dual FM frontage / signalized intersection
Huge traffic / multiple curb cuts
Rapid growth
High barrier to entry
Massive commercial demand
Limited/no commercial competition
Finished and leveled grade lot - pad ready
All utilities and firelane with median opening constructed
PD-10 zoning allows for most retail uses (restaurant, retail, salon, medical, fuel, entertainment, auto, daycare, etc)
This site is immediately south of CVS (already open)
Tom Thumb (major grocer) due to open on the NWC 2026
Lot #2 and Lot #3 can be combined or sold separately
Construction plans for Lot #2 and Lot #3 buildings are nearly complete
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