10104 US Highway 290 E - Medical FOR SALE


Manor, TX 78653- Northeast Austin
$4,665,000 USD
312-240-0162
10104 US Highway 290 E, Manor, TX for Sale
$4,665,000 USD
Medical - FOR SALE
1/3
null | 5.75% Cap Rate

10104 US Highway 290 E
Manor, TX 78653
Northeast Austin


HIGHLIGHTS

  • 14+ years of remaining term on an absolute NNN lease ensures predictable cash flow and ease of ownership.
  • Lease guaranteed by a leading urgent care operator with a strong national footprint and rapid growth trajectory.
  • Positioned along U.S. Highway 290 with substantial traffic counts and future highway expansion plans.
  • Surrounded by planned and ongoing developments with over 200,000 acres under construction and significant single-family activity nearby.

OVERVIEW

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee-simple interest in the singletenant urgent care facility located at 10104 US-290 in Manor (Austin), Texas (the “Property”). The Property is leased to Community Care Partners, LLC, dba Texas MedClinic. The Lease is corporately guaranteed by CCP Holdings, LLC which operates 114+ facilities under four banners in six states and is one of the fastest-growing companies in the country with 464% growth over the last three years. As of 2025, CCP is the 9th-largest independent urgent care operator in the U.S., having moved from 11th to 9th in just the last year alone. The Property offers 2025 construction and features a class A urgent care build out. The Property is within Manor Point, which is a brand-new ±20-acre development spanning 10 buildings with 17 high-quality tenants. Positioned on U.S. 290 and Parmer Lane, the Property benefits from frontage on one of the busiest and fastest-growing corridors in Austin, TX. This section of U.S. 290 is planned to be expanded – a 15-mile, $127M upgrade to add additional lanes and features to the highway. The expansion is in the planning stage currently. Furthermore, the Property is surrounded by development, including extensive residential, industrial, and retail both planned and underway. Over 200 acres are currently under construction within Manor city limits alone. Texas MedClinic is operating under a new, highly passive 15-year NNN lease. Tenant is responsible for the roof, with Landlord’s obligations limited to structure only. The lease features 2.00% annual rental increases through the Base Term and Option periods. Austin, Texas is one of the most highly sought after markets in the U.S. for residents, businesses, and investors alike. The MSA was the #1 fastest growing in the U.S. each year from 2011 – 2023 and remains one of the fastest in the U.S., and the #1 fastest within Texas today. Manor is one of the fastest-growing areas within the high-growth Austin, MSA, and was itself the #6 fastest-growing U.S. city over the past decade, nearly tripling in size over that time. Manor is sandwiched between the Tesla Gigafactory & Global HQ, Downtown Austin, and the Samsung Austin Semiconductor Factory – three of the largest economic engines in the MSA.

FOR SALE DETAILS

PRICE

$4,665,000 USD

PRICE/SF

$1,166 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas MedClinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,683 SF

ZONING

C1

APN/PARCEL ID

982320

ASK ABOUT THIS PROPERTY

Brandon DuffNorthmarqMore Info
312-240-0162

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Brandon DuffNorthmarqMore Info
312-240-0162

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