San Antonio, Texas Commercial Real Estate

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San Antonio Texas NET Leased Medical Investment---$5,954,600

San Antonio Texas NET Leased Medical Investment

[Link@KWCommercialSA.com at 2011-3-4 in:Price:  $5,494,760

  • Building Size: 18,798 SF
  • Property Type: Office
  • Property Sub-type: Medical Office
  • Property Use Type: Net Lease Investment with 10+ years left on lease
  • Cap Rate: 7.5 cap%
  • Occupancy: 100%
  • Building Class: A
  • Tenancy: Multiple

Description

  • 60% estimated construction/development completion (new construction
  • Buyer can close prior to construction completion (cash w/ draw schedule) for 1031 exchange and time sensitive investor or buyer can close on Certificate of Occupancy/Rent Commencement.
  • 18,798 SF building
  • 7500 SF leased to Fortune 500 Medical Group on a 15 year primary lease with multiple renewal options. NOI is based on year one actuals.
  • 7000 SF leased to Fortune 500 Medical Group on a 7 year primary lease with mulitiple renewal options. NOI is based on year one actuals.
  • 2800 SF leased to a Reginal Medical Group on a 10 year primary lease with multiple renewal options. NOI is based on year one actuals.
  • 1498 SF vacant space remaining for lease (not pre-leased). Sellers to guarantee rent for 1 year for this space if lease is not signed prior to time for rent commencement.
  • Stone Oak is NC San Antonio's highest growth area. Close proximity to new NC Methodist Hospital.
  • Half acre pad site for sell as well


Link LeGrand CCIM
Cell: 210-789-5465
Licensed in Texas
Keller Williams Legacy
1102 E. Sonterra Blvd. #106
San Antonio, TX 78258
Office: 210-482-3200
Fax: 210-493-4669
Email: link@kwcommercialsa.com
Website: www.kwcommercialsa.com
Blog: www.kwcommercialsa.com/blog
Flyer Website: www.landfordoctors.com

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Comment balloon 0 commentsLink LeGrand • March 26 2011 01:32PM
San Antonio Texas NET Leased Medical Investment---$5, 954, 600
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