409 S Highway 78 - Bank FOR SALE


Wylie, TX 75098- Rowlett/Wylie
$3,894,000 USD
214-960-2887
409 S Highway 78, Wylie, TX for Sale
$3,894,000 USD
Bank - FOR SALE
1/1
null | 4.75% Cap Rate

409 S Highway 78
Wylie, TX 75098
Rowlett/Wylie


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

OVERVIEW

SHOP Companies Investment Sales has been exclusively retained to offer the opportunity to acquire PNC Bank Ground Lease (the “Property”), a brand new 2026 construction drive thru bank branch in the primary retail corridor of Wylie, Texas with adjacency to notable national tenants such as Starbucks, Chick Fil A, Whataburger, Chipotle & McDonalds. The Property consists of brand new a 3,000 SF partial masonry construction bank with a drive thru ATM. PNC Bank Ground Lease is fundamentally well positioned in an exciting North Dallas submarket in which average household income exceeds $125,900 and $149,500 in 3- and 5-mile radii, respectively.

FOR SALE DETAILS

PRICE

$3,894,000 USD

PRICE/SF

$1,298 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PNC Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

F1

APN/PARCEL ID

R-2384-000-0040-1

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.