$5,250,000
2.47± Acres
Active
Travis County, TX

9710 Lamar, Austin, Texas

MLS ID: 8700310
Status: Active
Price: $5,250,000
Acres: 2.47±
Type: Business, Commercial
Address: 9710 Lamar
City, State: Austin, TX
County: Travis County
ZIP Code: 78753
Parcel Number: 02431701100000
Year Built: 1992

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.

Directions: From 183 Exit on N Lamar Blvd; From I-35 Exit on E Rundberg Ln then turn to N Lamar Blvd

Additional Information

Interior

Building Area Total: 10,986
Cooling: Ceiling Fan(s), Central Air, Electric
Flooring: Tile, Vinyl
Heating: Central, Exhaust Fan, Hot Water, Natural Gas, Separate Meters

Exterior

Lot Size Source: Public Records
Lot Size Square Feet: 107,767
Parking Features: Parking Lot
Parking Total: 195
Water Source: Public

Financial/HOA/Schools

Subdivision Name: Ten Thousand North Lamar
Chip Bubela

Chip Bubela

Schulenburg, Texas

(979) 743-4555

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Listed By: Mike Caputo of Austin Summit Group - (512) 825-1667