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Informations principales sur l'investissement
- Net-Leased Medical Asset with Three Percent Annual Rent Increases
- Strategic Location Along Pat Booker Road Corridor with Exposure to over 24,000 VPD
- Tenant Demonstrates Long-Term Commitment Through Capital Improvements Including Specialized Equipment
- Strong Demographics, Nearby Demand Drivers, and Limited Medical Competition
Résumé analytique
Marcus & Millichap is pleased to present the excellent investment opportunity located at 1652 Pat Booker Road in Universal City, Texas.
The offering consists of a 2,000-square-foot, single-tenant medical property situated on approximately 0.32 acres and occupied by a
maxillofacial specialist. The tenant is currently in year four of a seven-year net-leased (NNN) agreement that features attractive three
percent annual rental increases throughout both the primary lease term and the two additional five-year renewal options, providing
investors with a predictable and growing income stream. The tenant has demonstrated a strong commitment to the location through
significant capital investment, including a comprehensive renovation completed in 2017 and the installation of specialized clinical and
operatory equipment. These improvements create substantial operational efficiencies and contribute to tenant retention, enhancing
the long-term stability of the asset. The property also features a favorable 5:1,000 parking ratio to support patient and
staff accessibility.
Strategically positioned near the signalized corner of Pat Booker Road and Kitty Hawk Road, the property benefits from exceptional
accessibility with exposure to approximately 24,729 vehicles per day. The location offers convenient access to Interstate 35, Loop
1604, and Highway 78, connecting the property to the greater San Antonio metropolitan area. Investors will also benefit from strong
surrounding demographics, with more than 219,000 residents, 78,000 households, and an average household income exceeding
$85,000 within a five-mile radius. The asset's proximity to Randolph Air Force Base and major regional healthcare systems further
strengthens its appeal. Located along the well-established Pat Booker Road retail corridor, the property serves an area that remains
underserved for medical and specialty healthcare services, creating durable demand drivers and long-term investment potential
The offering consists of a 2,000-square-foot, single-tenant medical property situated on approximately 0.32 acres and occupied by a
maxillofacial specialist. The tenant is currently in year four of a seven-year net-leased (NNN) agreement that features attractive three
percent annual rental increases throughout both the primary lease term and the two additional five-year renewal options, providing
investors with a predictable and growing income stream. The tenant has demonstrated a strong commitment to the location through
significant capital investment, including a comprehensive renovation completed in 2017 and the installation of specialized clinical and
operatory equipment. These improvements create substantial operational efficiencies and contribute to tenant retention, enhancing
the long-term stability of the asset. The property also features a favorable 5:1,000 parking ratio to support patient and
staff accessibility.
Strategically positioned near the signalized corner of Pat Booker Road and Kitty Hawk Road, the property benefits from exceptional
accessibility with exposure to approximately 24,729 vehicles per day. The location offers convenient access to Interstate 35, Loop
1604, and Highway 78, connecting the property to the greater San Antonio metropolitan area. Investors will also benefit from strong
surrounding demographics, with more than 219,000 residents, 78,000 households, and an average household income exceeding
$85,000 within a five-mile radius. The asset's proximity to Randolph Air Force Base and major regional healthcare systems further
strengthens its appeal. Located along the well-established Pat Booker Road retail corridor, the property serves an area that remains
underserved for medical and specialty healthcare services, creating durable demand drivers and long-term investment potential
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Bureau
Sous-type de bien
Médical
Surface de l’immeuble
186 m²
Classe d’immeuble
B
Année de construction/rénovation
1977/2017
Occupation
Mono
Hauteur du bâtiment
1 étage
Surface type par étage
186 m²
Coefficient d’occupation des sols de l’immeuble
0,14
Surface du lot
0,13 ha
Zonage
OCL - Outside City Limits
Stationnement
11 places (59,2 places par 1 000 m² loué)
Caractéristiques
- Signalisation
- Climatisation
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 05047-102-0290 | Évaluation des aménagements | 234 940 € |
| Évaluation du terrain | 294 405 € | Évaluation totale | 529 345 € |
Taxes foncières
Numéro de parcelle
05047-102-0290
Évaluation du terrain
294 405 €
Évaluation des aménagements
234 940 €
Évaluation totale
529 345 €
1 sur 8
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
1652 Pat Booker Rd
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