Healthcare

Wylie Medical Plaza

2300 FM 544 Wylie, TX United States 75098
Asking Price Contact for pricing
Sq. Footage 49,151
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2013

Property Description

Wylie Medical Plaza is a 49,151 SF, two-story Class “A” MOB featuring a 12,669 SF Baylor Scott & White Emergency Center. The asset is the newest and largest multi-tenant MOB in Wylie, TX.

Investment Highlights

JLL is pleased to present to qualified investors the opportunity to acquire the fee-simple interest in Wylie Medical Plaza (“Property”), a Class A 51,878 gross square foot medical office building built in 2013 and located in Wylie, Texas. Wylie is a rapidly growing bedroom community of Plano, Texas, the fourth largest city in the Dallas-Fort Worth Metroplex and a vital part of the dynamic Far North Dallas submarket. The Property offers a unique value proposition as a recently constructed institutional medical office building with strong tenancy in 83% of the space with an opportunity to build off the recent leasing momentum to bring the Property to full occupancy. The Property is anchored by Baylor Scott & White (Moody’s: Aa3), operating emergency and imaging departments, Liberty Dialysis’ “U.S. Renal Care“ (recent management buyout with Bain Capital backing), and a diverse physician tenant mix with well-established patient referrals in place. The Property is conveniently located one block east of the expanding Wylie High School at 2300 FM 544 (30,245 VPD / becomes Plano Parkway in Plano) with excellent visibility and accessibility in one of Dallas’ fastest growing corridors.
Evan Kovac
Evan Kovac
Managing Director
Licensed in
1750736
Andrew Milne
Andrew Milne
Director
Licensed in
1868031

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