9516 N Lamar Blvd, Austin, TX 78753

Introducing a prime investment opportunity at 9516 N. Lamar Boulevard in Austin, Texas! This single-tenant property boasts an Absolute NNN lease with over 8 years remaining, offering scheduled rental increases and options to extend. With a net operating income of $148,828 and a competitive cap rate of 4.68%, this is an ideal investment for passive investors. Situated at a signalized, hard-corner intersection with high visibility (44,700 VPD) and neighboring a well-established H-E-B grocery store, the property enjoys a strong retail presence. The area's robust demographics include over 338,400 residents and an average household income of $122,192 within a 5-mile radius. Don't miss out on this opportunity to acquire a fee simple ownership property with a stable corporate tenant, Whataburger Restaurants, LLC.