4532 Gate Blvd Austin, TX 78745
- Retail properties
- 9,372 SF
- 1.23 lot acres
Current Use by Public Records
- SHAILA LILLIELOUISE ISHAM / Physical Therapist
- Jonathan Geralds / Physical Therapist
- Texas Physical Therapy Specialists / Physical Therapist / Physical Therapy Clinic
- Scott Cartwright / Physical Therapist
- Arlyn Thobaben / Physical Therapist
Property Details for 4532 Gate Blvd
- Lot size
- 1.23 lot acres
- Property size
- 9,372 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.8013
- Latitude
- 30.2312
