Ground-Leased Restaurant with
For Sale
Contact for pricing
Pending
4420 N Lamar Blvd, Austin, TX 78756
Fee simple interest offered in a ground-leased Chili’s restaurant on a hard corner site.
Property Size5,380 SF
Days on Market152
Property Features for 4420 N Lamar Blvd
General Information
Standard status
Pending
Size
5,380 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1999
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Austin
Listed By:
Bradley Bailey · License #429729-B
(512) 499-4928
Source:
Crexi
Added: Apr 9
Changed: Aug 8
Last Checked: Jul 24 at 6:26PM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,387
Businesses Nearby
207k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 42%
Shops & Services 7%
Apparel 6%
Central Market
Groceries
78,285 visits/mo
0.4 miles
Chili's Grill & Bar
Dining
20,708 visits/mo
0.1 miles
Rudy's Country Store & Bar-B-Q
Dining
18,273 visits/mo
0.5 miles
Starbucks
Dining
10,154 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
10,017 visits/mo
0.1 miles
Demographics for 78756, TX
8,426
Population
4,943
Households
1.7
Avg Household Size
37
Median Age
71%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
4,956
Density / Sq Mi
$97,149
Median Household Income
$56,515
Median Earnings
$1,383
Median Rent
$788,600
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
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)
