San Antonio, Texas Commercial Real Estate

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San Antonio, Texas Commercial Real Estate - NE San Antonio Fresenius Net Leased Property

http://kwcommercialsa.com/blog/?p=284

NE San Antonio Fresenius Net Leased Property

[Link@KWCommercialSA.com at 2011-3-16 in: Buildings For Sale, Link's Commercial Real Estate Page, Long Term Medical NNN Investment Properties, Medical, Medical NNN Properties, Office]

 NE SAN ANTONIO FRESENIUS NNN INVESTMENT OPPORTUNITY

    *Price:$3,272,400
    *Building Size: 12,500 SF
    *Property Type: Office
    *Property Sub-type:Medical Office
    *Property Use Type:Net Lease Investment with 5 years left on lease
    *Cap Rate:7.5% *Tenants:  1500 SF with SAKDC and 11,000 SF with Fresenius*5 year extension was signed with SAKDC (www.sakdc.com) which commenced on January 26, 2011. for 1500 SF.  They have one (1) five (5) year option to renew at fair market value.

     

    *5 year extension (2nd extension) with Fresenius commences on July 1, 2011 and terminates on June 30,2016.  (original lease commenced in 1999 when building was built)

    *NOI in year one (12,500 SF) for both leases (SAKDC and Fresenius) =$245,430 (actual)*Fresenius has two (2) five (5) year options to renew.*Close Proximity to Brook Army Medical Center Expansion Project. See below for further information relating to our government's investment into BAMC.

     

    *Occupancy:100%

    *Building Class:A

    *Tenancy:Multiple

    *Lot Size:1.29 AC

    *4635 Binz Engleman Road

    *12,500 SF

    *Built in 1999

  • http://www.sammc.amedd.army.mil/brac.asp

 

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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