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Highlights

  • Located on a retail corridor in Leander near HEB Plus- the 3rd largest HEB store in Texas
  • Competitive rates and low NNNs
  • 3 miles from Toll Road 183A
  • Annual household growth project at 5.6% from 2022 - 2027 within a 5-mile radius
  • Easily accessible complex
  • Leander is now the fastest-growing city (over 50,000) in the country with a growth rate of over 11% (16 people per day)

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor - Building 5
  • 5,000 SF
  • Negotiable
  • $16.65 CAD/SF/YR $1.39 CAD/SF/MO $83,269 CAD/YR $6,939 CAD/MO
  • Triple Net (NNN)
11880 Hero Way W - 1st Floor - Building 5
Space Use
Industrial
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor - Building 5 5,000 SF Negotiable $16.65 CAD/SF/YR $1.39 CAD/SF/MO $83,269 CAD/YR $6,939 CAD/MO Triple Net (NNN)

11880 Hero Way W - 1st Floor - Building 5

Size
5,000 SF
Term
Negotiable
Rental Rate
$16.65 CAD/SF/YR $1.39 CAD/SF/MO $83,269 CAD/YR $6,939 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Industrial
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

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.

Property Facts

Total Space Available 5,000 SF
Center Type Neighborhood Center
Parking 301 Spaces
Center Properties 9
Gross Leasable Area 114,941 SF
Total Land Area 34.95 AC
Year Built 1983

About the Property

Retail for Lease in Leander

Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Nearby Major Retailers

CrossFit
PJ's Coffee of New Orleans
McAlister's Deli
H-E-B
Chase
  • Listing ID: 28346477

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 11880 Hero Way W, Leander, TX 78641

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