Description
5528 N Lamar Blvd is a prime commercial property located in the heart of North Austin, offering excellent visibility and access along a major thoroughfare. Situated in a dense and vibrant area, this versatile space has a history of automotive use and is currently partially occupied by Richard Lord's Boxing Gym. The property's adaptable design makes it ideal for a variety of creative uses, including retail, industrial, or office. Boasting ample frontage on North Lamar, the site benefits from high traffic counts and proximity to established neighborhoods, retail centers, and dining destinations. Whether for owner-occupants or investors, 5529 N Lamar Blvd presents a rare opportunity to secure a strategic location in one of Austin's most sought-after submarkets.
Financial Information:
- Sale Price: $2,700,000 $380 per square foot.
- Competitive Lease Rate: $30.00 per square foot.
Strategic Location:
- Prime North Austin Hub: Centrally positioned, providing excellent access to major business districts and thoroughfares.
- Excellent Connectivity: Less than 10-minute drive to Downtown Austin, and The Domain, and a 20-minute drive to Austin-Bergstrom International Airport, ensuring seamless connectivity to key areas.
Property Highlights:
- Location: Excellent visibility on North Lamar Blvd in a high-traffic, densely populated area of North Austin.
- Turnkey automotive use: Formerly automotive use, offering a layout that is suitable for turnkey use.
- Demographics: Located in a vibrant area with strong demographics.
- Adaptive use: Suitable for a wide range of uses, including retail, fitness, or creative office concepts.
- Transportation: Close to major residential neighborhoods, retail, and public transportation options.