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M Ranch 3957 Hero Way 1,200 - 78,656 SF of 4-Star Retail Space Available in Leander, TX 78641

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HIGHLIGHTS

  • Phase 1 of a 290-acre master plan of a walkable urban village with a mix of offices, shops, restaurants, homes, medical facilities and 25 acres open
  • Leander population has grown from 7,600 residents (2000) to more than 95,000 residents (2025)
  • Located at the southwest corner of Ronald Reagan Blvd & Hero Way currently driven by more than 20,000 vehicles per day
  • Project will include over 2,000 multi-family units, 250 senior living units, and 180 single family lots

SPACE AVAILABILITY (5)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste Bldg A
  • 7,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
January 01, 2027
  • 1st Floor, Ste Bldg B
  • 1,200-19,600 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
January 01, 2027
  • 1st Floor, Ste Bldg C
  • 19,956 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
January 01, 2027
  • 1st Floor, Ste Bldg D
  • 1,200-21,100 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
January 01, 2027
  • 1st Floor, Ste Bldg E
  • 10,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
January 01, 2027
Space Size Term Rental Rate Rent Type
1st Floor, Ste Bldg A 7,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Bldg B 1,200-19,600 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Bldg C 19,956 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Bldg D 1,200-21,100 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Bldg E 10,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste Bldg A

Size
7,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
January 01, 2027

1st Floor, Ste Bldg B

Size
1,200-19,600 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
January 01, 2027

1st Floor, Ste Bldg C

Size
19,956 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
January 01, 2027

1st Floor, Ste Bldg D

Size
1,200-21,100 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
January 01, 2027

1st Floor, Ste Bldg E

Size
10,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
January 01, 2027

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

PROPERTY FACTS

Total Space Available 78,656 SF
Min. Divisible 1,200 SF
Property Type Retail
Gross Leasable Area 78,656 SF
Construction Status Proposed

ATTACHMENTS

RES M Ranch
  • Listing ID: 37428591

  • Date on Market: 8/26/2025

  • Last Updated:

  • Address: 3957 Hero Way, Leander, TX 78641

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