Westgate Center For Sale
4526 West Gate Boulevard, Austin, TX
For Sale
Retail
$3,300,000
Price
5.5%
Cap Rate
$182,155
NOI
Overview
Cap Rate
5.5%
NOI
$182,155
Building Size
6,054 sqft
Lot Area
0.5165 acres
Lease Type
Absolute Net
Year Built
1979
Highlights
- All tenants have annual base rent increases
- 100% NNN leased
- Juiceland: A tenant since 2014 doubled the size of their space in 2022
- Vape Shop: A tenant since 2013 recently renewed
- Excellent road front visibility & easy access to hwy 290/71, Mopac, 360 and S. Lamar Blvd
- In an area with high residential density and very strong daytime employment population
- Located across the street from a Central Market anchored shopping center. One of only 2 Central Markets (HEB’s upscale format stores) in all of Austin
Documents
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Offering Memorandum
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