Chipotle & Heartland Dental (Manor Crossing)

Manor
TX
Texas
Austin

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$

7,180,000

Call for Details
5.00
%
CAP Rate

New H-E-B & Home Depot-Anchored Manor Crossing

Brand New Two-Tenant Retail Building with Drive-Thru

Massive 5.15% Annual Population Growth Rate

within a 5-Mile Radius

Nearly 7,000 Students within 3 Miles

1.5 Miles from Manor High School

Property details
  1. Brand New Construction with Drive Thru Outparcel to H-E-B & Home Depot-Anchored Manor Crossing
  2. Diverse Two-Tenant Property with National, E-Commerce-Resistant Tenants on Long-Term Leases
    • Long Term Commitment from Two Strong-Credit, Corporate Tenants
      • Chipotle (20 Years) & Heartland Dental (10 Years)
    • Scheduled Rent Increases in Both Leases Provide a Hedge Against Inflation
    • Minimal Landlord Responsibilities
  3. Robust, Synergistic Co-Tenancy
    • Brand New H-E-B (Opening Fall '25), Home Depot, TJ Maxx, Planet Fitness, Ulta, Burlington, Chick-fil-A, Chili's, Waffle House, Hotel & Multifamily
  4. Prominent Retail Location with Frontage along Highly Trafficked US Hwy 290 (56,442 ADT)
    • At its Intersection with FM-973 (12,160 ADT)
  5. Across US Hwy 290 from Walmart Supercenter in a Dynamic, Expanding Retail Corridor
  6. Rapidly Growing Austin Suburb with Significant Residential & Commercial Development
    • Adjacent to Shadow Glen, with Additional Phases Under Construction (6,500+ Homes)
    • Las Entradas Mixed-Use Development, Manor Commons Retail, Crossroads, Logistics Center, St. David's Healthcare Emergency Center & More
  7. Approximately 6 Miles from Samsung Austin Semiconductor (~3,000 Employees) & 10 Miles from Tesla Gigafactory (~20,000 Employees)
  8. 15 Miles to Downtown Austin & Austin-Bergstrom International Airport
  9. Austin-Round Rock MSA is One of the Fastest-Growing Metros in the U.S.
    • Population of 3.5M & MSA GDP of $248 Billion
  10. Qualifies for 100% Bonus Depreciation via Cost Segregation
  11. No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
6,360
SF
Lot Size
1.02
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387