6535-6539 N Lamar Blvd

6535-6539 N Lamar Blvd , Austin, Texas, 78752 | 6,043 sq.f | $ 3,500,000

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About This Restaurant

Investment Highlights

Executive Summary

Excellent Re-Development Opportunity: 2 Contiguous Lots with existing buildings located on the SE Hard Corner of N Lamar Blvd. and Brentwood St. in Austin, TX within the highly desired Transit Oriented Development (https://www.austintexas.gov/page/transit-oriented-development-tods)Excellent Re-Development Opportunity: 2 contiguous Lots with existing buildings located on the SE Hard Corner of N Lamar Blvd. and Brentwood St. in Austin, TX within the highly desired Transit Oriented Development.6535 N. Lamar Blvd., Austin, TX 78752? 3705 SF Building Built in 1955? .1561 AC Land? Current Lease Expires 11/30/2024(operating as retail) 6539 N. Lamar Blvd., Austin, TX 78752? 2,338 SF Building Built in 1953? .1046 AC Land? Current Lease Expires 03/01/2026(operating as a full restaurant) This site currently has two tenants, one operating as a full restaurant and the other as a retail site.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Restaurant Storefront
  • Building Size    6,043
  • Building Class    C
  • Year Built    1953
  • Price    3,500,000
  • Price Per SF    579
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    1.00
  • Land Acres    0.14 AC

Amenities

  • Signalized Intersection

Nearby Amenities & Transportation

Retail Chase Bank
Retail Jack In The Box
Retail Starbucks
Retail Truist
Retail BB.Q Chicken
Retail Panda Express
Retail Kura Sushi USA, Inc
Retail 99 Ranch Market
Retail IGA
Retail Denny's

Property Taxes

Parcel Number 232216 232217 Improvements Assessment $1,001,624
Land Assessment $128,769 Total Assessment $1,130,393
Date Created: 2024-07-16 04:23:43 Last Updated: 2024-07-16 04:23:43
Address: 6535-6539 N Lamar Blvd , Austin, Texas, 78752