305-400-2741
10407 Jollyville Rd, Austin, TX for Sale
Hospitals - FOR SALE
1/5
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10407 Jollyville Rd
Austin, TX 78759
Arboretum


HIGHLIGHTS

  • Both properties have recently struck 10YR NNN leases with $500,000 in combined base rent from thriving investment grade healthcare tenant.
  • Both properties are located in prime retail locations in the Austin market and anchored/adjacent to heavily trafficked HEB Market locations.
  • Both ER rents are well below ER-market rates, providing long-term stability.
  • Both locations are strategic and critical to St. David's ER and hospital strategy in the Austin market.

OVERVIEW

The St. David's ER Portfolio offers superior tenant credit strength, prime metro market, strong H-E-B Market anchored/adjacent locations, long term NNN leases, key strategic ER locations, and below ER-market rents for the discerning investor looking for premier healthcare assets to add to their portfolio. St. David's HealthCare represents a powerful healthcare model in Central Texas, functioning as a high-growth joint venture between the for-profit HCA Healthcare and two local nonprofits, the St. David’s Foundation and the Georgetown Health Foundation. This partnership has established St. David’s as a dominant economic force and a primary pillar of the Austin community, characterized by aggressive capital investment, significant market share, and a massive philanthropic footprint. Austin is a premier commercial real estate market driven by a powerhouse tech ecosystem, rapid population influx, and a highly educated workforce. The city consistently attracts major institutional capital due to its business-friendly climate, robust job creation, and diverse property sectors ranging from cutting-edge industrial hubs to vibrant mixed-use developments. This combination of strong economic fundamentals and sustained regional growth ensures resilient, long-term returns for strategic investors. Commercial real estate properties anchored by or adjacent to H-E-B Market locations benefit from the unrivaled stability of America's consistently top-ranked grocery retailer. Acting as a premier consumer magnet, an H-E-B anchor generates intense, recurring daily foot traffic and deep neighborhood loyalty that directly boosts revenues for surrounding inline tenants. This exceptional, internet-resistant synergy minimizes vacancy risks and maximizes long-term property values, making H-E-B shadow-anchored centers some of the most resilient and highly coveted assets in the Texas market. As such and when viewed in relation to the St. David's hospital locations in the Greater Austin area and St. David's recently striking new 10-YR leases at these portfolio sites, these ER assets are understood as a critical to St. David's long-term market strategy.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,874 SF

ZONING

-

APN/PARCEL ID

154603

ASK ABOUT THIS PROPERTY

Kim BlackwellSPG OTREMore Info
305-400-2741

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Kim BlackwellSPG OTREMore Info
305-400-2741

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.