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THE LEARNING EXPERIENCE + RESULTS PHYSIOTHERA 11924 Ring Dr 13,144 SF 100% Leased Retail Building Manor, TX 78653 $6,071,200 ($461.90/SF) 7.50% Cap Rate

Retail Spaces Texas Manor 11924 Ring Dr, Manor, TX 78653

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INVESTMENT HIGHLIGHTS

  • Stable and Resilient Nationwide Tenants With Long Term NNN leases
  • New Construction, Constructed in 2024
  • Located Near Busy FM973 & US Hwy 290 Intersection(41,530 Traffic Volume)
  • Booming Austin, TX Submarket

EXECUTIVE SUMMARY

Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
13,144 SF
Building Class
B
Year Built
2024
Price
$6,071,200
Price Per SF
$461.90
Cap Rate
7.50%
NOI
$455,340
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.29 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
64 Spaces (4.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Results Physiotherapy
  • Health Care and Social Assistance
  • 2,728 SF
  • -
  • Triple Net
  • -
  • The Learning Experience
  • Educational Services
  • 10,416 SF
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Results Physiotherapy Health Care and Social Assistance 2,728 SF - Triple Net -
The Learning Experience Educational Services 10,416 SF - Triple Net -

LINKS

1 1

NEARBY MAJOR RETAILERS

H-E-B
Bank of America
Chili's Grill & Bar
Woodforest National Bank
7 Brew Coffee
Starbucks
Sunstate Equipment Co.

PROPERTY TAXES

Parcel Number 526073 Improvements Assessment $0
Land Assessment $10,680 Total Assessment $10,680

PROPERTY TAXES

Parcel Number
526073
Land Assessment
$10,680
Improvements Assessment
$0
Total Assessment
$10,680
(626) 807-3586

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 35000077

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 11924 Ring Dr, Manor, TX 78653

More public record information on 11924 Ring Dr, Manor, TX 78653

The Northeast Austin Retail Property at 11924 Ring Dr, Manor, TX 78653 is currently available. Contact Matthews Real Estate Investment Services for more information.

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THE LEARNING EXPERIENCE + RESULTS PHYSIOTHERA | 11924 Ring Dr
(626) 807-3586 x

THE LEARNING EXPERIENCE + RESULTS PHYSIOTHERA | 11924 Ring Dr

Andrew Ivankovich
(626) 807-3586

Briggs Mosher
(737) 231-2977

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