3001 N Lamar_Property for Sale
3001 N Lamar_Property for Sale
3001 N Lamar Blvd, Austin, TX, 78705, US

3001 N Lamar

Asset description

JLL is pleased to present the exclusive opportunity to purchase 3001 N Lamar (the “Property”) a three story, 12,152 square foot boutique office building ideally located in Central Austin, with seamless access to The University of Texas, Downtown Austin, and some of Austin’s most affluent neighborhoods such as Bryker Woods, Pemberton Heights, Tarrytown, and Hyde Park. 3001 N Lamar is ideally located along Austin’s North Lamar Corridor, placing it in close proximity to Austin’s medical district and an eclectic mix of amenities including Snooze A.M Eatery, Uchiko, Wu Chow, and Central Market. Ownership has invested significant capital to replace all HVAC units, roofing, bathroom fixtures and more, creating a move-in ready environment for today’s tenant. The Property is approximately 47% leased to a mix of associations and professional services firms on short term leases, offering an owner occupant the ability to occupy the building soon after acquisition, and an investor the ability to capitalize on short lease terms to mark rents to market.

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Attributes

Building area net
12,672 sf
Land area gross
0.41 acres

Media

Investment highlights

  • RECENT CAPITAL INVESTMENT AND BUILDING UPGRADES
  • OWNER OCCUPANT OR INVESTMENT OPPORTUNITY
  • NEARBY ECONOMIC DRIVERS: UT AUSTIN, TEXAS STATE CAPITOL, DOWNTOWN AUSTIN
  • HIGHLY AMENITIZED INFILL LOCATION
  • BOUTIQUE OFFICE CATERING TO SMALL TENANTS
3001 N Lamar 4_Property for Sale
3001 N Lamar 4_Property for Sale

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3001 N Lamar (0 Properties)

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Last updated
Mar 8, 2024