11108–11118 N Lamar Boulevard presents a compelling covered-land investment opportunity in North Austin, featuring approximately 38,980 SF of fully occupied small-bay industrial/flex space across six buildings on approximately 2.34 acres. The property offers immediate in-place income with significant near-term mark-to-market potential. Current base rents average approximately $8.73/SF annually, well below asking rents for comparable flex and industrial product in the North Lamar submarket. Approximately 56% of the property is already expired or scheduled to come under leasing control by early 2027, providing a relatively short path to rent resets through renewals, replacements, or lease restructures without relying on speculative lease-up. The August 2026 rent roll reflects approximately $340,176 in annual base rent and $550,279 in annualized total collections, including tax, insurance, and CAM reimbursements. With the property fully occupied and tenants reimbursing a substantial portion of operating expenses, an investor can preserve existing cash flow while selectively increasing NOI as leases roll. Strategically located along the North Lamar commercial corridor between Braker Lane and Kramer Lane, the property offers excellent visibility and convenient access to IH-35, US-183, The Domain, and Austin’s major employment centers. The combination of full occupancy, below-market rents, near-term lease control, strong infill fundamentals, and long-term redevelopment potential creates a compelling opportunity for investors seeking both current income and future upside in North Austin. The information contained herein has been gathered from sources deemed reliable; however, McAllister & Associates, and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather-related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction. When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of McAllister & Associates. McAllister & Associates reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. McAllister & Associates also reserves the right to refuse to show a property to a potential buyer for any reason at McAllister & Associates sole and absolute discretion.