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Healthcare Asset | 10-Yr | 2.5% Annual Bumps 7127 Somerset Rd 6,835 SF 100% Leased Office Building San Antonio, TX 78211 $2,992,000 ($437.75/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease | Rare, 2.5% Annual Rent Increases | Large Tenant Contribution
- Robust San Antonio Demographics | Tax-Free Investment Environment
- Strong Demographics in 5-Mile Trade Area | Growing Urban Population
- Strategic Medical & Retail Corridor Location | Walking Distance to 327-bed Medical Center
- Rare San Antonio Healthcare Investment | Dense Infill Location | High Barriers to Entry
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 investment property located in San Antonio, Texas. The tenant, Hill Country Wound Care Vascular and Hyperbarics (HCWCC), has approximately 10 years remaining on the base lease term with four (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and providing a hedge 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
6,835 SF
Building Class
B
Year Built
2006
Price
$2,992,000
Price Per SF
$437.75
Cap Rate
6.25%
NOI
$187,011
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,835 SF
Building FAR
0.13
Lot Size
1.18 AC
Zoning
C-2 - Commercial District
Parking
24 Spaces (3.51 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
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
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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 | 11252-001-0070 | Improvements Assessment | $1,729,340 |
| Land Assessment | $453,460 | Total Assessment | $2,182,800 |
PROPERTY TAXES
Parcel Number
11252-001-0070
Land Assessment
$453,460
Improvements Assessment
$1,729,340
Total Assessment
$2,182,800
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Healthcare Asset | 10-Yr | 2.5% Annual Bumps | 7127 Somerset Rd
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