124 E Bandera Rd - Medical CONDO FOR SALE


Boerne, TX 78006
$1,995,000 USD
210-496-7775
124 E Bandera Rd, Boerne, TX for Sale
$1,995,000 USD
Medical CONDO - FOR SALE
1/6
null | 6.3% Cap Rate

124 E Bandera Rd
Boerne, TX 78006


OVERVIEW

This 5,400 SF building has been occupied by WellMed Medical Management since 2008. Their current lease expires at the end of 2028. They have a 5-year extension option at market rent. The average annual capitalization rate to the end of the current lease is about 6.3%.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

6.3%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building #100

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

5,400 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C3

APN/PARCEL ID

50818

ASK ABOUT THIS PROPERTY

Jim AkinFirst American Commercial Property GroupMore Info
210-496-7775

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Jim AkinFirst American Commercial Property GroupMore Info
210-496-7775

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