Log In/Sign Up
Your email has been sent.
Chipotle & Heartland Dental | Manor Crossing 11930 US-290 6,360 SF 100% Leased Retail Building Manor, TX 78653 $7,180,000 ($1,128.93/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New Construction with Drive Thru Outparcel to H-E-B and Home Depot-Anchored Manor Crossing
- Robust, Synergistic Co-Tenancy within Manor Crossing featuring H-E-B, Home Depot, TJ Maxx, Planet Fitness, Chick-fil-A, Chili's, and More
- Rapidly Growing Austin Suburb with Significant Residential & Commercial Development
- Diver Two-Tenant Property with Strong-Credit, E-Commerce-Resistant Tenants on Long-Term Leases
- Prominent Retail Location with Frontage along Highly Trafficked US Hwy 290 (56,442 ADT) at its Intersection with FM-973 (12,160 ADT)
- Massive 5.15% Annual Population Growth Rate within a 5-Mile Radius
EXECUTIVE SUMMARY
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.
This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
6,360 SF
Year Built
2025
Price
$7,180,000
Price Per SF
$1,128.93
Cap Rate
5%
NOI
$359,010
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.02 AC
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Chipotle & Heartland Dental | Manor Crossing | 11930 US-290
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.