10802 U.S. 290
Manor, TX
Price:
$1,990,000
Cap Rate:
5.15%
NOI:
$102,458
Building Size:
Approx. 512 Sq. Ft.
Lot Size:
Approx. 0.49 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2024
Investment Overview
- 2024 Construction. 512+/- SF Building on 0.49+/- Acre Site
- 15-Year Ground Lease with (4) 5-Year Options to Renew, and 10% Rental Increases Every 5 Years in Primary Term & Option Periods
- Prime Commuter Corridor with Exceptional Visibility & Access – Along US-290 (57,000+ VPD), Approx.12 Mi. from Downtown Austin
- Near Strong Demand Drivers – Downtown Austin (100,000+ Employees), UT Austin (52,000+ Students), Samsung, & AUS Airport
- Explosive Population Growth & Affluent Demographics – Manor Population Up Nearly 80% Since 2020 w/ ~$84K Median Household Income
- Dutch Bros Generated $1.64B in Revenue in 2025 and Operates 800+ Locations Nationwide
- Austin, TX | One of America’s Fastest-Growing Economic Powerhouses | Population: 1,011,743+