Westgate Center For Sale

4526 West Gate Boulevard, Austin, TX

$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
Title
Offering Memorandum
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Location
Gallery