4532 Gate BlvdAustin, TX 78745

Property Details for 4532 Gate Blvd

Lot size

1.23 AC

Property size (Sq ft)

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.

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2312

Longitude

-97.8013

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