Austin, TX 78753 9710 N Lamar Blvd
$5,750,000
Presented By: Austin Summit Group; (512) 250-0253
Home Details
Est CAP Rate is 7.2%! ASG has been exclusively retained to offer for sale the retail building and 2.47 Acres located at 9710 N Lamar. The property consists of one (1), 10,986 SF building that is currently leased to 2 Tenants (La Ultima Sports Bar and Paris Hookah Lounge). The property also has other tenants that have been here for 1 to 2 years + pay on time (info on request). The site is approximately 3 miles from Q2 Stadium, 4 miles from The Domain, 9 miles from the new Apple Campus off Parmer, 4 miles from Tech Ridge Center, and 9 miles from Downtown Austin. The property is currently zoned GR-NP which allows a variety of different commercial uses and is fully occupied providing an investor with good income along a growing vertical mixed-use corridor.
Presented By: Austin Summit Group; (512) 250-0253
Interior Features for 9710 N Lamar Blvd
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
FlooringTile, Vinyl
General for 9710 N Lamar Blvd
AccessibilityNone
Additional Parcels Y/NNo
Building FeaturesKitchen Equipment
CityAustin
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyTravis
Current UseFood Service, Restaurant
DirectionsFrom 183 Exit on N Lamar Blvd; From I-35 Exit on E Rundberg Ln then turn to N Lamar Blvd
DisclosuresNone
Energy EfficientNone
Green SustainabilityNone
HeatingCentral, Exhaust Fan, Hot Water, Natural Gas, Separate Meters
Leasable Area
Lease TypeAbsolute Net
Lot Size Square Feet107767.44
MLS Area2N
Net Operating Income37893
New ConstructionNo
Operating Expense10407
Other StructuresNone
Property ConditionResale
Property SubtypeBusiness
Property TypeCommercial Sale
Security FeaturesNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTen Thousand North Lamar
Tax Assessed Value2023
Tax Year2023
UtilitiesCable Available, Electricity Connected, Other, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, See Remarks
ViewCity
Waterfront Y/NNo
Year Built1992
Year Built SourcePublic Records
Exterior for 9710 N Lamar Blvd
Building Area Total10986
Horse Y/NNo
Lot Size Acres2.474
Lot Size SourcePublic Records
Number of Buildings1
Other EquipmentNone
Parking FeaturesParking Lot
Total Parking195
Water SourcePublic
Additional Details
Price History
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