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4234 Weber Rd
Corpus Christi, TX 78411
EMPOWER BEHAVIORAL HEALTH | 7.50% CAP RATE · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • GROWING INDUSTRY – The ABA market in the United States was valued at $3.8 to $4 billion in 2023 and is expected to grow at a CAGR of 4.5% to 4.8%
  • INFLATIONARY PROTECTED LEASE – The leases feature above-market, 3% annual rent increases, providing a significant boost to cash flow
  • MULTI-UNIT REGIONAL PROVIDER – EBH operates 15 locations, including four in San Antonio and three in Houston, which are among Texas’ top MSAs
  • RECESSION RESISTANT ASSET CLASS – Healthcare is considered recession-resistant due to the essential nature of its services
  • PASSIVE NNN LEASE STRUCTURES – The tenant will sign fresh seven-year NNN leases with minimal landlord responsibilities
  • RECENT MERGER WITH PRIVATE EQUITY-BACKED OPERATOR – In 2022, EBH merged with the private equity-backed Circle of Care to enhance its therapy services

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
5,649 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,649 SF
Building FAR
0.10
Lot Size
1.32 AC
Zoning
AB

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200019880
Land Assessment
$432,000
Improvements Assessment
$707,844
Total Assessment
$1,139,844
  • Listing ID: 32958498

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 4234 Weber Rd, Corpus Christi, TX 78411

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