7127 Somerset Rd - Medical FOR SALE


San Antonio, TX 78211- South San Antonio
$2,992,000 USD
949-506-2012
7127 Somerset Rd, San Antonio, TX for Sale
$2,992,000 USD
Medical - FOR SALE
1/10
null | 6.25% Cap Rate

7127 Somerset Rd
San Antonio, TX 78211
South San Antonio


HIGHLIGHTS

  • Absolute NNN Lease | Rare, 2.5% Annual Rent Increases | Large Tenant Contribution
  • Strategic Medical & Retail Corridor Location | Walking Distance to 327-bed Medical Center
  • Robust San Antonio Demographics | Tax-Free Investment Environment
  • Rare San Antonio Healthcare Investment | Dense Infill Location | High Barriers to Entry
  • Strong Demographics in 5-Mile Trade Area | Growing Urban Population

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 investment property located in San Antonio, Texas. The tenant, Hill Country Wound Care Vascular and Hyperbarics (HCWCC), has approximately 10 years remaining on the base lease term with four (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and providing a hedge 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

$2,992,000 USD

PRICE/SF

$452 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

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

C-2

APN/PARCEL ID

11252-001-0070

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.