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4526 Westgate Blvd 6,056 SF 100% Leased Retail Building Austin, TX 78745 $3,100,000 ($511.89/SF) 6.28% Cap Rate
Investment Highlights
- Very Strong demographics: Population over 108k with Avg. HH Income $154k+ within 3 miles. 214k++ Population with Avg. HH Income $161k+ within 5 miles
- 100% NNN Leased
- Vape shop: A tenant since 2013 in their 2nd 5-year lease renewal
- All Tenants have annual base rent increases
- Juiceland: A tenant since 2014 doubled the size of their space in 2022
- Excellent road front visibility & easy access to hwy 290/71, Mopac, 360, and S. Lamar Blvd
Executive Summary
For Sale
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,056 SF
Building Class
C
Year Built/Renovated
1990/2024
Price
$3,100,000
Price Per SF
$511.89
Cap Rate
6.28%
NOI
$194,680
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Zoning
CS
Parking
25 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
211’ on West Gate Blvd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Pronto Insurance began operations in 1997 in Texas and has since expanded its services across multiple states. The company operates through both captive agencies and independent agents. Pronto provides various insurance products including auto, homeowners, and commercial policies. Their business model includes franchising opportunities in addition to company-owned locations. Pronto serves a diverse customer base with bilingual services in English and Spanish.
- Vapor
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Vapor | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 509343 | Improvements Assessment | $899,268 |
| Land Assessment | $450,000 | Total Assessment | $1,349,268 |
Property Taxes
Parcel Number
509343
Land Assessment
$450,000
Improvements Assessment
$899,268
Total Assessment
$1,349,268
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4526 Westgate Blvd
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