$5,979,381 USD
737-234-3972
12315 Threshold Lane
Manor, TX 78653
Northeast Austin
HIGHLIGHTS
- Newly Signed 10-Year Ground Lease With 10% Rental Increases Every 5 Years and Multiple Options to Extend
- Ground Lease Assets Provide a True Hands-Off Investment With Zero Landlord Responsibilities
- Strong Real Estate Fundamentals: Located on a Highly Visible Hard Corner of a Lighted Intersection Seeing Nearly 50k VPD
- Tenant Investment: St. David's HealthCare is Putting Over $5M Into the Construction of This Site Showing Extreme Commitment to the Facility
- St. David's HealthCare is One of the Largest Heathcare Systems in Central Texas With Over 10,000 Employees, 2,000+ Physicians
- St. David's HealthCare's Operational Partner, HCA Healthcare, is One of the Nation’s Leading Providers of Healthcare Services
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,445 SF St. David's HealthCare Located at 12315 Threshold Lane in Manor (Austin MSA), TX. This Opportunity Features a New Construction 10-Year Ground Lease With 10% Rental Increases Every 5 Years and is Located Just 12-Miles From Downtown Austin. Manor, TX Has Seen an Astounding 242% Population Growth Since 2010, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$5,979,381 USD
PRICE/SF
$522 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
St. David's HealthCare - Manor (Austin MSA)
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.05 AC
LAND SF
89,298 SF
ZONING
-
APN/PARCEL ID
820824
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737-234-3972
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737-234-3972
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