Salon Suites for Sale/Lease
Wylie, TX
The Offering
Summary
- Address 405 Williams St, Wylie, TX
- Size 1,300 SF
- Zoning Commercial
- Cap Rate 10%
Property Description
405 Williams St is a versatile commercial property that offers flexible options for those seeking workspace or retail space in a fantastic location. This 1,300 square-foot building boasts endless potential with eight private suites ranging from 100 - 160 square-feet each. Located in Wylie, TX, this property is the perfect address for anyone who wants to be in the heart of a vibrant and growing community just off SH-78. The building features a reception, multiple private suites, and a common area restroom. Whether you’re looking to lease a suite or buy the property, this site is ideal for small business owners, investors, and those in search of a compact retail/office space.
Demographics
Wylie, Texas was recently ranked the #1 small city in the country in which to a raise a family, according to NerdWallet. Cited in the study was the city’s excellent income levels, housing, schools, amenities and proximity to larger cities. The city was also recently named the 19th safest city in Texas and with proximity to Lake Lavon, Lake Ray Hubbard and other recreational activities, it makes for a place with optimum work-life balance. The median home value is slightly above $506,000 with new builds averaging $500 to $650K. Whether you’re hunting for neighborhood parks, natural creeks or closeness to the Lake, Wylie has affordable luxury housing, in addition to many new units for lease currently under construction. Collin County also recently broke ground in the city on a campus which will serve over 7,500 students in areas such as science, engineering, I.T. and health care programs.
Wylie, TX is mainly within Collin County, the 6th most populous county in Texas that grew at a rate of 37.2 percent from 2010-2020. The county boats a highly educated population, with more than 52.6 percent of those 25 and older holding Bachelor’s degrees. The median family income in also 33 percent higher than the U.S. Median. Multiple Fortune 500 companies and corporations have moved their headquarters to Collin County, including Toyota Motor Corp. U.S. Operations, Bank of America Home Loans, Texas Instruments, J.C. Penny and many more.
Team
Brokerage Team
M&D Commercial offers a wide range of solutions to clients, including investor services, project leasing, tenant representation and commercial property management.
Whether you are looking to buy, sell or lease retail/office space, industrial property or land, we have you covered. M&D serves and has listings throughout the Dallas-Fort Worth Metroplex. Our highly knowledgeable team of experts and comprehensive service offering makes us well-positioned to meet the needs of all clients, whether you are purchasing, selling or leasing.
Why M&D? With M&D, you get a dedicated team of agents focused on personal attention. We answer the phone, period, and keep you constantly updated and informed on marketing reports, leads, offers and where we are with your property or search. We have in-house, cutting-edge, innovative marketing strategies, well-known throughout the region. Finally, our agents are consistently coached, quizzed and practitioners, at and of the highest level of negotiating strategy. When your property is on the table, you want an M&D Agent in the chair and on your side.
