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.
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.