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Wylie Automotive Dealership | Mechanic 1101 S Highway 78 2,800 SF 100% Leased Retail Building Wylie, TX 75098 $2,450,000 ($875/SF) 7.34% Cap Rate

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EXECUTIVE SUMMARY

Positioned along a major highway in Collin County, this highly visible automotive property
presents a prime opportunity for both investors and owner-users. Spanning two acres, the
site features two separate buildings—one with four private offices and the other a two-bay
mechanic shop—along with a spacious parking lot that accommodates ample vehicle and
customer flow.
Currently leased to multiple automotive tenants, the property provides reliable income with
potential for future owner occupancy or redevelopment. Ideally located just minutes from
President George Bush Turnpike and U.S. Highway 75, and approximately 30–40 minutes
from DFW and Dallas Love Field airports, the site offers excellent regional accessibility and
long-term upside.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,800 SF
Building Class
C
Year Built
1979
Price
$2,450,000
Price Per SF
$875
Cap Rate
7.34%
NOI
$179,935
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
2.00 AC
Zoning
C - Commercial zoned. Retail Car Lot and Mechanic Shop
Parking
145 Spaces (51.79 Spaces per 1,000 SF Leased)
Frontage
400’ on Highway 78 Hwy

AMENITIES

  • 24 Hour Access

NEARBY MAJOR RETAILERS

Bank of America
Chili's Grill & Bar
Wings To Go
Fuzzy's Taco Shop
Chase Bank
Tom Thumb
Dutch Bros Coffee
Starbucks
Mo'Bettahs
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-6267-000-0750-1
Land Assessment
$243,936
Improvements Assessment
$0
Total Assessment
$243,936
  • Listing ID: 36860146

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 1101 S Highway 78, Wylie, TX 75098

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