1225 Bozman RdWylie, TX 75098

Property Details for 1225 Bozman Rd

Year built

2022

Lot size

2.09 AC

Property size (Sq ft)

23,907 SF

Property type

Industrial properties

Property subtype

Flex space

Description

This exceptional 23,907-square-foot flex industrial property, located at 1225 Bozman Rd, Wylie, TX 75098, presents a compelling investment opportunity. Boasting a 6.61% cap rate and a strong net operating income (NOI) of $346,489, this multi-tenant building offers significant upside potential. Constructed in 2022, the property sits on a 2.09-acre lot and enjoys 100% occupancy, with a waiting list of prospective tenants. The strategic location in the high-growth Wylie submarket, just off FM 544 and south of N State Hwy 78, provides excellent access and visibility. The property features easily leasable suites ranging from 2,000 to 6,000 square feet, catering to a diverse range of businesses. Below-market rents currently in place offer immediate value, with 67% of rentable square footage expiring within the next two years, allowing for significant rental rate increases. Staggered lease expiration dates minimize turnover risk, and most leases are three-year terms. The property benefits from a strong demographic profile, with over 520,000 people within a 10-mile radius and an average household income exceeding $127,981 within a 5-mile radius. The submarket boasts a 95.5% occupancy rate, indicating limited supply in a high-demand area. This is a rare opportunity to acquire a high-performing, modern flex space in a thriving Texas market. Asking price: $5,245,000.

Location Insight

City

Wylie

County

Collin

State

Texas

Latitude

32.9897

Longitude

-96.5193

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