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Investment Highlights

  • 14+ years of remaining term on an absolute NNN lease ensures predictable cash flow and ease of ownership.
  • Positioned along U.S. Highway 290 with substantial traffic counts and future highway expansion plans.
  • Lease guaranteed by a leading urgent care operator with a strong national footprint and rapid growth trajectory.
  • Surrounded by planned and ongoing developments with over 200,000 acres under construction and significant single-family activity nearby.

Executive Summary

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee-simple interest in the singletenant urgent care facility located at 10104 US-290 in Manor (Austin), Texas (the “Property”). The Property is leased to Community Care Partners, LLC, dba Texas MedClinic. The Lease is corporately guaranteed by CCP Holdings, LLC which operates 114+ facilities under four banners in six states and is one of the fastest-growing companies in the country with 464% growth over the last three years. As of 2025, CCP is the 9th-largest independent urgent care operator in the U.S., having moved from 11th to 9th in just the last year alone. The Property offers 2025 construction and features a class A urgent care build out. The Property is within Manor Point, which is a brand-new ±20-acre development spanning 10 buildings with 17 high-quality tenants. Positioned on U.S. 290 and Parmer Lane, the Property benefits from frontage on one of the busiest and fastest-growing corridors in Austin, TX. This section of U.S. 290 is planned to be expanded – a 15-mile, $127M upgrade to add additional lanes and features to the highway. The expansion is in the planning stage currently. Furthermore, the Property is surrounded by development, including extensive residential, industrial, and retail both planned and underway. Over 200 acres are currently under construction within Manor city limits alone. Texas MedClinic is operating under a new, highly passive 15-year NNN lease. Tenant is responsible for the roof, with Landlord’s obligations limited to structure only. The lease features 2.00% annual rental increases through the Base Term and Option periods. Austin, Texas is one of the most highly sought after markets in the U.S. for residents, businesses, and investors alike. The MSA was the #1 fastest growing in the U.S. each year from 2011 – 2023 and remains one of the fastest in the U.S., and the #1 fastest within Texas today. Manor is one of the fastest-growing areas within the high-growth Austin, MSA, and was itself the #6 fastest-growing U.S. city over the past decade, nearly tripling in size over that time. Manor is sandwiched between the Tesla Gigafactory & Global HQ, Downtown Austin, and the Samsung Austin Semiconductor Factory – three of the largest economic engines in the MSA.

Attachments

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Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,000 SF
Building Class
C
Year Built
2025
Price
$6,346,779 CAD
Price Per SF
$1,586.69 CAD
Cap Rate
5.75%
NOI
$364,923 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.13
Lot Size
0.70 AC
Zoning
C1
Parking
23 Spaces (5.75 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
982320
Land Assessment
$146,234 CAD
Improvements Assessment
$0 CAD
Total Assessment
$146,234 CAD
  • Listing ID: 40321292

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 10104 US Highway 290 E, Manor, TX 78653

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