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4420 N Lamar Blvd
Austin, TX 78756
Chili's · Retail Property For Sale
Executive Summary
CBRE is pleased to offer the opportunity to acquire the fee simple interest in a ground-leased Chili’s located at the hard corner of 45th Street and North Lamar in Austin, Texas. Situated on approximately 38,500 square feet (per lease), the ±5,380-square-foot building was constructed in 1999 and has been in continuous operation for over two decades. The lease has three (3) years remaining on its current term with no renewal options, providing a unique opportunity for an investor seeking future repositioning, redevelopment flexibility, or long-term control of a premier infill site.
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,380 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.73 AC
Parking
76 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 219963 | Improvements Assessment | $217,821 CAD |
| Land Assessment | $4,822,305 CAD | Total Assessment | $5,040,126 CAD |
Property Taxes
Parcel Number
219963
Land Assessment
$4,822,305 CAD
Improvements Assessment
$217,821 CAD
Total Assessment
$5,040,126 CAD
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