12215 Toepperwein Rd - Medical FOR SALE


San Antonio, TX 78233
$2,311,500 USD
949-506-2012
12215 Toepperwein Rd, San Antonio, TX for Sale
$2,311,500 USD
Medical - FOR SALE
1/10
null | 6.25% Cap Rate

12215 Toepperwein Rd
San Antonio, TX 78233


HIGHLIGHTS

  • Premium Healthcare Investment | Rare 2.5% Annual Rent Increases
  • Absolute NNN | Fee Simple Ownership | Significant Tenant Improvements
  • Strategic Healthcare Location | Proximity to Major Healthcare Facilities
  • Strong Demographics In 5-Mile Trade Area | No State Income Tax

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,311,500 USD

PRICE/SF

$462 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hill Country Wound Care | Abs NNN

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-2

APN/PARCEL ID

05049-203-0250

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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