18772 Forty Six Pky - Medical FOR SALE
Spring Branch, TX 78070 |
$2,719,732 USD
281-685-3411
18772 Forty Six Pky
Spring Branch, TX 78070
HIGHLIGHTS
- Fully Leased, Multi-Tenant Medical Asset: The Property is 100% Occupied By Three Established Medical Tenants
- Attractive Yield With Strong Fundamentals: Leases Are Structured on NN+ Terms With Staggered Expirations
- Strategic Hill Country Location: Situated in Spring Branch, a Rapidly Growing Area Northwest of San Antonio
- Modern Construction and Efficient Layout: The Building Features Recent Construction, Ample Parking, and a Functional Design
- Improved Accessibility: Recent Enhancements to Forty Six Parkway Include the Widening of the Access Road, Providing Better Entry
- Healthcare Demand Tailwinds: The Property is Positioned to Benefit From Increasing Regional Demand For Outpatient Services Driven By Population Growth
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,000 SF Offices on 46, Located at 18772 Forty Six Parkway in Spring Branch, TX. These Leases Are Structured With NN+ Terms and Feature Staggered Expiration Dates, Offering Stable Income, Long-Term Security, and Built-In Upside Through Future Renewals or Rent Escalations.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$2,719,732 USD
PRICE/SF
$767 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Medical Office - Offices on 46
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Loft/Creative Space, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.22 AC
LAND SF
96,703 SF
ZONING
-
APN/PARCEL ID
45-0712-0822-00
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281-685-3411
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281-685-3411
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