11930 US-290 - Retail FOR SALE


Manor, TX 78653- Northeast Austin
$7,180,000 USD
510-289-1166
11930 US-290, Manor, TX for Sale
$7,180,000 USD
Retail - FOR SALE
1/1

11930 US-290
Manor, TX 78653
Northeast Austin


HIGHLIGHTS

  • Brand New Construction with Drive Thru Outparcel to H-E-B and Home Depot-Anchored Manor Crossing
  • Diver Two-Tenant Property with Strong-Credit, E-Commerce-Resistant Tenants on Long-Term Leases
  • Robust, Synergistic Co-Tenancy within Manor Crossing featuring H-E-B, Home Depot, TJ Maxx, Planet Fitness, Chick-fil-A, Chili's, and More
  • Prominent Retail Location with Frontage along Highly Trafficked US Hwy 290 (56,442 ADT) at its Intersection with FM-973 (12,160 ADT)
  • Rapidly Growing Austin Suburb with Significant Residential & Commercial Development
  • Massive 5.15% Annual Population Growth Rate within a 5-Mile Radius

OVERVIEW

Brand new construction two-tenant retail property with a drive-thru outparcel to H-E-B and Home Depot-anchored Manor Crossing development. The property features long-term, leases to two strong-credit, corporate tenants, Chipotle (20 years) and Heartland Dental (10 years). Additional co-tenants within Manor Crossing include TJ Maxx, Planet Fitness, Ulta, Burlington, Chick-fil-A, Chili's, Waffle House, a hotel, and a new multifamily development. The property benefits from a prominent retail location with frontage along highly trafficked US Hwy 290 (56,442 ADT), at its intersection with FM0973 (12,160 ADT). Situated just 15 miles from Downtown Austin, the city of Manor is growing rapidly, with significant residential and commercial development underway and a massive 5.15% annual population growth rate within a 5-mile radius. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$7,180,000 USD

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle & Heartland Dental | Manor Crossing

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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

Putnam DailyFisher James CapitalMore Info
510-289-1166

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