4532 Gate BlvdAustin, TX 78745

For Sale
$6,475,000

Austin, TX: Triple-Net Leased Retail Complex

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, triple-net (NNN) retail property in Austin, Texas, boasting a strong 5.16% capitalization rate. The property, located at 4532 West Gate Blvd in Travis County, comprises two single-story buildings totaling 9,372 square feet on a 1.23-acre lot. Currently occupied by three tenants at 100% occupancy, this multi-tenant complex generates a substantial net operating income (NOI) of $333,956 annually. The asking price is $6,475,000, translating to a price per square foot of $690.89. This property offers a stable and attractive investment with a diverse tenant base within the thriving Austin market. The property's location in the 78745 zip code provides excellent access to major transportation routes and a robust customer base. The investment structure is a net lease, minimizing landlord responsibilities and maximizing passive income potential. This is an ideal opportunity for investors seeking a high-performing, low-maintenance retail asset in a prime Austin location. The property's strong occupancy and consistent cash flow make it a compelling addition to any portfolio. Serious inquiries are encouraged.

Highlights

  • $6,475,000 Asking Price for this Austin, TX retail property.
  • Net Leased Retail Investment with a 5.16% Cap Rate.
  • 9,372 square feet on a 1.23-acre lot in Travis County.
  • Triple-net (NNN) lease with 100% occupancy across three tenants in two buildings.
  • $333,956 Net Operating Income (NOI).

Property Details for 4532 Gate Blvd

Property type
Other retail properties, Restaurants
Square Feet
9,372 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
53,579 SF
Units
3

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2312429
Longitude
-97.8013208
4532 Gate Blvd, Austin, Texas

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4532 Gate Blvd
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