Ground-Leased Restaurant with
4420 N Lamar Blvd Austin, TX 78756
4420 N Lamar Blvd, Austin, TX, 78756
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For Sale
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Fee simple interest offered in a ground-leased Chili’s restaurant on a hard corner site.
Property Size5,380 SF
Days on Market104
Property Features for 4420 N Lamar Blvd
General Information
- Standard status
- Active
- Size
- 5,380 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing agency
CBRE - Austin
(512) 499-4928
Listed by
Bradley Bailey · License #429729-B
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 5:41PM Checked: Jul 20 at 5:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Austin
Investment Insights
Based on property information with market context.
CBRE is pleased to offer the fee simple interest in a ground-leased Chili’s restaurant. The site is described as approximately 38,500 square feet per the lease, with a ±5,380-square-foot building constructed in 1999. The restaurant has been in continuous operation for over two decades.
The property is situated on a hard corner at 45th Street and North Lamar in Austin, Texas.
The ground lease currently has three (3) years remaining on its term with no renewal options, creating an opportunity for an investor seeking future repositioning, redevelopment flexibility, or long-term control of a premier infill site.
The property is situated on a hard corner at 45th Street and North Lamar in Austin, Texas.
The ground lease currently has three (3) years remaining on its term with no renewal options, creating an opportunity for an investor seeking future repositioning, redevelopment flexibility, or long-term control of a premier infill site.
Key Highlights
- Fee simple interest in a ground‑leased Chili’s restaurant at the hard corner of 45th Street and North Lamar in Austin, TX
- Approximately 5,380 SF building constructed in 1999 with continuous operation for over two decades
- Site size is approximately 38,500 SF (per lease)
Property Analytics
Location Intelligence
Current Use by Public Records
It's Just Wings
Restaurant
Chili's Grill & Bar
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Fee simple interest offered in a ground-leased Chili’s restaurant on a hard corner site.
Where is this conventional restaurant located?
The property is located at 4420 N Lamar Blvd Austin, TX.
What are key features of this property?
This property features: Fee simple interest in a ground‑leased Chili’s restaurant at the hard corner of 45th Street and North Lamar in Austin, TX; Approximately 5,380 SF building constructed in 1999 with continuous operation for over two decades; Site size is approximately 38,500 SF (per lease)