9511 Lamar Blvd Austin, TX 78753-4107

This exceptional investment opportunity presents a single-tenant, net-leased dental office located at 9511 N Lamar Blvd, Austin, TX 78753. The 4,053 square foot property, built in 1987 and situated on a 0.68-acre lot, is currently leased to Jefferson Dental Care, a corporate tenant with 63 locations across Texas. The lease, commenced January 25, 2020, has a remaining term of over six years, expiring January 31, 2030, with three 5-year renewal options at a 9% increase. The current annual net operating income (NOI) is $154,014, representing a 6.50% cap rate on the $2,370,000 asking price. The property benefits from a high-traffic location, with 38,000 vehicles passing daily, and enjoys excellent visibility as a hard-corner location across from an H-E-B grocery store. This desirable Austin location is in a dense urban submarket, boasting 141,000 residents within a 3-mile radius and proximity to Q2 Stadium, The Domain, and numerous corporate headquarters, including those of major tech companies and Fortune 500 firms. A significant rent bump of $40 per square foot is scheduled for February 1, 2027. The property's APN is 249278. This is a strong, stable investment in a rapidly growing market.