112 HERFF RD Boerne, TX 78006

The SOBO MOB & Surgical Center is a three-story, 52,410-square-foot Class A medical outpatient building and ambulatory surgery center located in Boerne, Texas. The property is 93% leased with a weighted average remaining lease term of 3.7 years under triple-net leases, generating stable in-place cash flow with additional NOI upside by leasing the remaining vacancy. Anchored by two Baptist Health-affiliated tenants representing 47% of in-place tenancy, led by Surgery Center of Boerne (14,672 SF) and BHS Physicians Network (8,345 SF). BHS Physicians Network serves as the designated physician network of Baptist Health System, which is owned by Tenet Healthcare Corporation, and its lease is guaranteed by VHS San Antonio Partners, LLC, the legal entity of Baptist Health System. The property has a diverse and synergistic tenant mix comprised of 10 tenants across 10 distinct medical specialties including ambulatory surgery, primary care, orthopedics, sports medicine, gastroenterology, and advanced diagnostic imaging. The surgery center is operated through a joint venture between USPI (51%) and local physicians (49%), positioning the property as a mission-critical outpatient hub. Located off Interstate 10, the property provides direct access and visibility. One mile northwest of the property, Baptist Health has broken ground on Boerne’s first acute care hospital, slated for completion in late 2026 or early 2027.