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Medical Office Condo with Vacant Suite
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10007 Huebner Rd Building 2, San Antonio, TX 78240

Medical office condo includes a leased portion and a vacant clinical suite.

Property Size11,000 SF
Price / SF$320.91
Days on Market64

Property Features for 10007 Huebner Rd Building 2

General Information

Standard status Active
Size 11,000 SF
Property subtype Office
Occupancy 50%
Lease Type NNN
Investment Type Owner/User
Net Operating Income $132,275

Building Details

Year Built 2013
Buildings 1
Units 2
Tenancy Multi
Listing Agency: Partners
Listed By: Connor Watson · License #TX
Source: Crexi
Added: Aug 11 Changed: Sep 30 Last Checked: Oct 12 at 6:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partners

Investment Insights

Based on property information with market context.

This 11,000 SF medical office condominium occupies Building 2 at 10007 Huebner Road and was constructed in 2013. The property includes Suite 203, a 5,500 SF vacant space configured for medical office use with treatment rooms for minor procedures.

The remaining portion is leased to American Health Imaging through 12/31/2028 under an NNN lease structure. The building is located in the South Texas Medical Center, providing a medical-office setting for the existing leased and vacant components.

Key Highlights

  • 11,000 SF medical office condominium built in 2013
  • Vacant 5,500 SF Suite 203 with treatment rooms for minor procedures
  • American Health Imaging lease runs through 12/31/2028

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$149,918
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,998,360 $3.0M
Cap Rate 7%
$2,141,686 $2.1M
Cap Rate 9%
$1,665,756 $1.7M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$242.9K $22.08/SF
− Vacancy
−$43.0K −$3.91/SF
EGI
$199.9K $18.17/SF
− OpEx
−$50.0K −$4.54/SF
NOI
$149.9K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,998,360
Cap Rate 7%
$2,141,686
Cap Rate 9%
$1,665,756

Alternative Uses

Best Use
Office B
$2.14M
$1.87M – $2.50M (±1% cap)
NOI $149,918 @ 7.0% cap · market cap 4.25%
Second Best
Healthcare Medical
$1.81M
$1.59M – $2.11M (±1% cap)
NOI $126,878 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$2.81M
$2.46M – $3.27M (±1% cap)
NOI $196,414 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Physical Rehabilitation Institute Physician Virnalisis M. Gonzalez, ... Physician Scott Mitchell Thomas Pediatrician Michael L. Murphy ... Physician Prime Vitality Functional ... Spa & Massage Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm HVAC Service Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50%
Occupancy

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78240, TX

56,112
Population
27,713
Households
2
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
5,010
Density / Sq Mi
$62,203
Median Household Income
$41,812
Median Earnings
$1,283
Median Rent
$245,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office condo includes a leased portion and a vacant clinical suite.
Where is this medical office space located?
The property is located at 10007 Huebner Rd Building 2 San Antonio, TX.
What is the asking price?
The asking price for this property is $3,530,000.
What are key features of this property?
This property features: 11,000 SF medical office condominium built in 2013; Vacant 5,500 SF Suite 203 with treatment rooms for minor procedures; American Health Imaging lease runs through 12/31/2028
(512) 580-6025 Call to check price and availability
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