$5,250,000

Est. payment - /mo

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10,986 SqFt

Active

9710 N Lamar BLVD Austin, TX 78753

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Sloan Dunlop

sloan@purerealty.com +1(512) 431-6418

UPDATED:

08/31/2024 12:23 AM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,986 sqft

Price per Sqft $477

Subdivision Ten Thousand North Lamar

MLS Listing ID 8700310

Originating Board actris

Year Built 1992

Tax Year 2023

Lot Size 2.474 Acres

Acres 2.474

Property Description

Est CAP Rate is 8.6%! 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.

Location

State TX

County Travis

Interior

Heating Central, Exhaust Fan, Hot Water, Natural Gas, Separate Meters

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Tile, Vinyl

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, Other, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, See Remarks

Waterfront No

View City

Parking Type Parking Lot

Total Parking Spaces 195

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Special Listing Condition Standard

Listed by Austin Summit Group

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Sloan Dunlop

Agent | License ID: #817467

+1(512) 431-6418