8500 N Lamar Blvd Austin, TX 78758
Prime location with redevelopment potential in a high-growth area.
Property size:
1,890 SFLot size:
0.36 AcresProperty Features for 8500 N Lamar Blvd
General Information
- Standard status
- Active
- Zoning
- CS
- Size
- 1,890 SF
- Lot size
- 0.36 Acres
Building Details
- Year built
- 1973
Source:
Crexi
Listing Agency: Matthews Listing Agent: Ethan Huynh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Austin Redevelopment Opportunity
This property offers the opportunity to acquire a single-tenant, second-generation Quick Service Restaurant (QSR) property, currently operated as Pizza Hut. The property is located at 8500 N Lamar Blvd, Austin, TX 78753. It features an approximately 1,890 square foot building on an approximately 0.36-acre parcel of land. Situated in core Austin, TX, this property presents a redevelopment opportunity for owner-operators or value-add developers looking to expand their presence in a dynamic and fast-growing market. The site benefits from visibility and accessibility, with traffic counts of approximately 32,700 vehicles per day, and over 144,000 vehicles per day on nearby I-35 Hwy. With two years remaining on the current lease, the property offers immediate cash flow and the advantage of deferring triple-net expenses, providing flexibility for a strategic redevelopment plan. Opportunities along North Lamar are compelling, especially with the City of Austin’s $7.1 billion investment in a nearly 10-mile Phase 1 expansion of its light-rail system. This transformative infrastructure project will connect Downtown Austin to North, South, and East Austin via 15 new stations, further enhancing connectivity and long-term value in the area.
Location Intelligence
Current Use by Public Records
Pizza Hut
Take-out & Catering
Similar Places Nearby
Fujian Grand China Buffet
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.7057974
- Latitude
- 30.3536571
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Prime location with redevelopment potential in a high-growth area.
Where is this conventional restaurant located?
The property is located at 8500 N Lamar Blvd Austin, TX.
What are key features of this property?
This property features: - Exceptional redevelopment opportunity in core Austin, TX.; - Immediate cash flow with two years remaining on the current lease and deferred triple-net expenses.; - Located on N Lamar Blvd with high traffic counts of 32,700 vehicles per day.
