8410 Datapoint Dr
San Antonio, TX 78229
Office Property For Sale

The Subject Property is described as a +/- 36,576 square-foot, a medical office building located in San Antonio, Texas (the “Subject Property”) and leased to the United States Department of Veterans Affairs (VA)(“Tenant”). The Subject Property Is located in the South Texas Medical Center, a 1,000-acre medical complex that is the home to 12 major hospitals, 80 clinics, 56,000 medical jobs servicing more than 3.4 million outpatient visits annually. The South Texas Medical Center is described in more detail below. This booming corridor is adjacent to the world headquarters of USAA Financial Services Company and employer of 20,000 employees. The Subject Property was originally leased to the Tenant for a 10-year term with 5 years “firm term." The Tenant invested more than $3 million in tenant improvements during the term of the lease. A deeper dive into the submarket referred to as The South Texas Medical Center (STMC) reveals the following details. STMC consists of 1,000 acres of medical-related facilities on the northwest side of San Antonio, Texas, USA. STMC, which directly serves 38 counties, consists of 80 medically-related institutions; separate medical, dental, and nursing schools, five higher educational institutions, twelve hospitals, and five specialty institutions. These facilities combined currently total over 4,200 patient beds. In 2009, STMC was home to more than $350 million in construction projects. More than $1.2 billion in new construction projects are currently planned through 2017. Central to the medical center is the University of Texas Health Science Center at San Antonio and its teaching hospital. The Audie Murphy VA Hospital, CTRC, Brooke Army Medical Center, Texas Cancer Clinic, the Children's Cancer Research Institute, Christus Santa Rosa health system, Texas Neuroscience Institute, Villa Rosa, Catholic Health Initiatives “St Lukes” Medical Center, and 11 Methodist hospitals also have affiliated programs or projects with the UT Health Science Center. The University of the Incarnate Word (UIW) also has a campus located in the eastern part of the South Texas Medical Center, where its optometry school is located. San Antonio College has a nursing training program at STMC, and the University of Texas at San Antonio has joint programs with UTHSCSA's GSBS and School of Allied Health Sciences. The adjacent property located at 8400 Datapoint is the location of Tenet HealthCare’s Baptist Health System School of Health Professions. The University of Texas at Austin's School of Pharmacy also has research facilities and staff located in the medical center. San Antonio's Biosciences industry employs over 100,000 people. The largest areas of research are conducted by institutes in or around the South Texas Medical Center. These include the oncology division of one of the world's top five biotechnology firms, the world's largest Phase I clinical trials program for new anti-cancer drugs, and the new $200 million Children's Cancer Research Institute. San Antonio also houses the world's largest genomics computing cluster and the state's public bank for stem cell-rich umbilical cord blood.