9710 Lamar Blvd Austin, TX 78753-4112

This exceptional Austin retail investment property, located at 9710 N Lamar Blvd, offers a compelling opportunity for owner-users or investors. The 10,986 square foot building sits on a 2.474-acre lot and boasts a strong 8.52% cap rate, generating a net operating income (NOI) of $447,547. Currently 100% occupied by a mix of tenants, including a sports bar and hookah lounge, this property provides immediate and substantial cash flow. Built in 1992, the building features central heating and air conditioning, along with exhaust fans, hot water, natural gas, and separate meters. The GR-NP zoning allows for a variety of commercial uses, providing flexibility for future development. Its prime location offers excellent visibility and accessibility, situated approximately 3 miles from Q2 Stadium, 4 miles from The Domain, and within close proximity to major employment centers like the new Apple campus and Tech Ridge. The asking price is $5,250,000, translating to a price per square foot of $477.88. This property presents a rare chance to acquire a well-performing asset in a rapidly growing Austin market. Additional tenant information is available upon request.