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9710 N Lamar Blvd 10,986 SF 100% Leased Retail Building Austin, TX 78753 $8,026,540 CAD ($730.62 CAD/SF) 7.20% Cap Rate

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INVESTMENT HIGHLIGHTS

High traffic area only 9 miles from the new Apple Campus off Parmer, 4 miles from Tech Ridge Center.
Fully occupied providing an investor with good income along a growing vertical mixed-use corridor.

30 minutes from Austin-Bergstrom International Airport.
The property is currently zoned GR-NP which allows a variety of different commercial uses.

EXECUTIVE SUMMARY

Est CAP Rate is 7.2%! 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. Please call or Text Mike Caputo at 512-825-1667 to set up a viewing or ask any questions.