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Westgate Center For Sale

$3,200,000

4526 West Gate Boulevard, Austin, TX 78745

Active
Last Updated: 10/14/2024

5.92

Cap Rate

189,379

NOI

Details:
Cap Rate:    5.92%
NOI:    $189,379
Building Size:    6,054 sqft
Lot Area:    0.5165 acres
Lease Type:    Absolute Net
Year Built:    1979
Description:

INVESTMENT HIGHLIGHTS
• Very strong demographics: population over 116k+ with Avg. HH income $140k+ within 3 miles. 330k+ Avg. HH Income $148k+ within 5 miles
• 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 signed their 2nd 5-year lease renewal
• 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

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Today's Available Mortgage Rates

4526 West Gate Boulevard, Austin, Texas 78745

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$12,529 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 61% LTV $0 Lender fees
Loan Amount $1,952,000 Loan Amount
Details
BankLender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$13,076 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 63% LTV $0 Lender fees
Loan Amount $2,016,000 Loan Amount
Details
BankLender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$13,076 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 63% LTV $0 Lender fees
Loan Amount $2,016,000 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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