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.
MLS# | 8700310 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Sub-Type | Resale |
Status | Active |
Year | 1992 |
Days On Site | 370 |
Listing Provided By | Austin Summit Group | Mike Caputo |
SQ Feet | 10,986 |
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Building(s) | 1 |
Acreage | 2.47 |
Water Front | Yes |
Property View | City |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78753 |
Area | 2N |
Community Name | Ten Thousand North Lamar |
Listing VS Median (in Ten Thousand North Lamar) | |
Price: $5,250,000 low | high Med: $5,250,000 SqFt: 10,986 low | high Med: 10,986 $ / SqFt: $478 low | high Med: $478 On Site: 370 low | high Med: 370.000000 |