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11220 N Lamar Blvd
Austin, TX 78753
Lamar Braker Plaza C · Retail Property For Sale


Investment Highlights
- NNN lease structure with built-in annual rent growth
- Internet-resistant tenant mix anchored by essential services
- High-visibility corner with strong traffic counts and regional access
- Value-add lease-up upside with two vacant suites
- Attractive in-place rent level with minimal near-term rollover
Executive Summary
Lamar Braker Plaza is a neighborhood retail center located at the prominent intersection of North Lamar Boulevard and Braker Lane in North Austin. The property benefits from strong corridor visibility and convenient access, with three points of ingress and egress that provide customers multiple easy entry and exit options—an important advantage for daily-needs retail.
The center is positioned for durable, internet-resistant tenancy and long-term leasing stability. With a light value-add profile—including two current vacancies and no scheduled lease expirations until 2028—the property offers near-term lease-up upside while maintaining predictable cash flow once stabilized.
The long-term outlook is strengthened by continued reinvestment in the surrounding corridor. Aspire at Big, an approximately $60 million multifamily development near East Braker Lane, is expected to begin construction in June 2026, adding density and supporting tenant demand. In addition, ongoing I-35/Braker-area transportation improvements are set to enhance regional connectivity over time, further reinforcing the site’s appeal and supporting rent growth as nearby redevelopments deliver.
The center is positioned for durable, internet-resistant tenancy and long-term leasing stability. With a light value-add profile—including two current vacancies and no scheduled lease expirations until 2028—the property offers near-term lease-up upside while maintaining predictable cash flow once stabilized.
The long-term outlook is strengthened by continued reinvestment in the surrounding corridor. Aspire at Big, an approximately $60 million multifamily development near East Braker Lane, is expected to begin construction in June 2026, adding density and supporting tenant demand. In addition, ongoing I-35/Braker-area transportation improvements are set to enhance regional connectivity over time, further reinforcing the site’s appeal and supporting rent growth as nearby redevelopments deliver.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,543 SF
Building Class
C
Year Built
2008
Price
$11,080,428 CAD
Price Per SF
$1,297.02 CAD
Cap Rate
6.28%
NOI
$695,851 CAD
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.63 AC
Zoning
C1
Parking
18 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
111’ on N Lamar Blvd
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 255497 | Improvements Assessment | $4,815,141 CAD |
| Land Assessment | $2,877,874 CAD | Total Assessment | $7,693,015 CAD |
Property Taxes
Parcel Number
255497
Land Assessment
$2,877,874 CAD
Improvements Assessment
$4,815,141 CAD
Total Assessment
$7,693,015 CAD
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