Gateway Plaza - UT Health Science & Retail Center is a 92% occupied trophy asset with credit-rated tenants supporting a heavily trafficked corridor. The 3-story building has restaurant, retail and healthcare tenants all on NNN Leases. The subject property is ranked in the 95th percentile in Texas and Nationwide for visits within the “General Medical Centers & Hospitals” Category and has 6,600+ visits in total foot traffic per month, per Placer.ai. Sitting at an entry point to South Texas Medical Center, the site has excellent visibility, is positioned at a signalized intersection with 67,000+ combined traffic counts and numerous access points with dual ingress/egress. A newly built UT Health San Antonio Multispecialty and Research Hospital is less than 0.5 miles from the subject property, with 11,000+ employees. The site neighbors several business parks and affluent residential developments with 2,000+ units combined in a 1 mile radius and is in close proximity to I-10 (223,077 VPD), servicing a dense corridor.
This massive 3.05 acre lot sits at an entry point to the South Texas Medical Center (STMC) with over 30,000 employees combined and receives over 5MM outpatient visits and 100,000 inpatient visits annually. Essentially a city within a city, the STMC is an extensive professional community - not just in healthcare, but in contributions to medical research and service to patients worldwide. The site is located in a heavily populated area with a population of 139,800+ in 3 mile radius and is surrounded by a high density hotel area with 2,180 rooms in a 2-mile radius.
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