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Hill Country Wound Care | Abs NNN 12215 Toepperwein Rd 4,886 SF Office Building San Antonio, TX 78233 $2,311,500 ($473.09/SF) 6.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Premium Healthcare Investment | Rare 2.5% Annual Rent Increases
- Strategic Healthcare Location | Proximity to Major Healthcare Facilities
- Absolute NNN | Fee Simple Ownership | Significant Tenant Improvements
- Strong Demographics In 5-Mile Trade Area | No State Income Tax
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Hill Country Wound Care Vascular and Hyperbarics investment property located in Live Oak, Texas. The tenant, Hill Country, Inc has over 7 years remaining on the lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features rare 2.5% rental increases annually throughout the initial term and throughout
the term of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
the term of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
4,886 SF
Building Class
B
Year Built
1996
Price
$2,311,500
Price Per SF
$473.09
Cap Rate
6.25%
NOI
$144,461
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,886 SF
Building FAR
0.14
Lot Size
0.78 AC
Zoning
C-2 - Commercial District
Parking
37 Spaces (7.57 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Hill Country Wound Care
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Hill Country Wound Care | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 05049-203-0250 | Improvements Assessment | $1,124,680 |
| Land Assessment | $143,140 | Total Assessment | $1,267,820 |
PROPERTY TAXES
Parcel Number
05049-203-0250
Land Assessment
$143,140
Improvements Assessment
$1,124,680
Total Assessment
$1,267,820
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Hill Country Wound Care | Abs NNN | 12215 Toepperwein Rd
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