10203 & 10205 Old Manchaca warehouse and office complex
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For Sale · Stabilized Warehouse & Office · NNN

10203 & 10205 Old Manchaca

A stabilized NNN warehouse & office complex on ~1.74 acres in Austin's South Menchaca corridor — three NNN tenants delivering immediate income, plus a value-add unit with clear lease-up upside.

~1.74 ac
Land Area
16,862 SF
Total Building
3
NNN Units · 10203
NNN
Lease Structure
Value-Add
Upside · 10205
DUAL-OPPORTUNITY ASSET  ·  Stabilized income at 10203 + value-add upside at 10205 — a rare combination in South Austin
10203 Old Manchaca warehouse exterior
Property Overview

Two buildings. One stabilized, one value-add.

10203 & 10205 Old Manchaca is a stabilized NNN warehouse & office complex on ~1.74 acres in Austin's fastest-growing South corridor. 10203 delivers immediate passive income from three NNN tenants, while 10205 offers compelling value-add upside.

10203 Building
14,400 SF warehouse · 3 NNN units · 100% leased
10205 Building
2,462 SF office · 1 vacant unit · value-add
Land Area
~1.74 acres · South Menchaca corridor
Lease Structure
Triple Net (NNN) at 10203
Investment Highlights

Why it works.

01

Passive NNN Income

Tenants at 10203 pay all taxes, insurance & maintenance — no major landlord obligations.

02

Immediate Cash Flow

10203 is fully leased from day one across three NNN tenants — limited landlord obligations from closing.

03

Prime South Austin Location

Positioned in Austin's fastest-growing industrial corridor with strong tenant demand.

04

Dual-Property Portfolio

Stabilized income at 10203, plus value-add lease-up upside at 10205.

05

Major Adjacent Development

South District, North District & Stinson Trail development surround the asset.

06

Coordinated Lease Rollover

Aligned lease terms enable coordinated renegotiation or repositioning at peak corridor value.

Tenant Profile

10203 — 100% occupied, community operators.

Three established NNN tenants — wellness, dance, and martial-arts operators with loyal local clientele and strong community ties.

UnitTenantLease
Unit 1Austin Ecstatic Dance CenterNNN
Unit 2Dance By CarlyNNN
Unit 3New Era Martial ArtsNNN
10205Vacant UnitValue-Add