Austin Redevelopment
8500 N Lamar Blvd, Austin, TX 78758
Call to check price and availability
Prime location with redevelopment potential in a high-growth area.
Type:Retail
Property size:
1,890 SFLot size:
0.36 AcresPrice / SF:
$489/SF- Added:
- Feb 24, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 8500 N Lamar Blvd
General Information
- Standard status
- Active
- Size
- 1,890 SF
- Lot size
- 0.36 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1973
Listing agent Ethan Huynh License #809509
Listing office Matthews (866) 889-0550
Listing date Feb 24, 2026
Source Crexi
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 Matthews
HighLights
- 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.
- Close proximity to I‑35 Hwy with traffic counts of over 144,000 vehicles per day.
- Benefits from City of Austin’s $7.1 billion investment in light‑rail expansion.
- ±1,890 SF building on a ±0.36 AC parcel of land.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pizza Hut
Take-out & Catering
Similar Places Nearby
- Fujian Grand China Buffet — 8709 N Interstate Hwy 35, Austin, TX 78753
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 is the asking price?
The asking price for this property is $925,000.
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.
