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24870 Blanco Rd San Antonio, TX 78260

For Sale
$15,076,323

NNN leased healthcare property with annual rent increases for sale.

Property size:
5,098 SF
Lot size:
0.63 Acres

Property Features for 24870 Blanco Rd

General Information

Size
5,098 SF
Lot size
0.63 Acres

Source: Matthews Real Estate Investment Services Agent Andrew Fagundo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

San Antonio Healthcare Investment Opportunity

This healthcare property is positioned within a growing industry, as the ABA market in the United States was valued between $3.8 to $4 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 4.5% to 4.8% by 2032. Healthcare is generally considered a recession-resistant asset class due to the essential nature of its services, maintaining consistent demand even during economic downturns. The property features leases with above-market, 3% annual rent increases. The tenant will sign fresh seven-year NNN leases with minimal landlord responsibilities. The property is located in an affluent market, with average household incomes reaching up to $146,785. The tenant, EBH, operates 15 locations, including four in San Antonio and three in Houston, and is in-network with many of the leading insurance providers. In 2022, EBH merged with Circle of Care, which specializes in pediatric speech, physical, and occupational therapy for children from birth to 20 years old. The property contains 5098 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Mr. Bryant Silbaugh Health Care Facility Catherine Rodriguez Health Care Facility Ms. Jessica Torbet Health Care Facility Empower Behavioral Health Mental Health Service Cha Yong Patterson Psychologist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Wholesale Shop Hair Salon Gym & Fitness HVAC Service Convenience Store Car Rental

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Antonio
County
Comal
State
Texas
Longitude
-98.5220944
Latitude
29.6730026

FAQs

What type of property is this?
Medical center - NNN leased healthcare property with annual rent increases for sale.
Where is this medical center located?
The property is located at 24870 Blanco Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $15,076,323.
What are key features of this property?
This property features: - Inflationary Protected Lease: Features above-market, 3% annual rent increases, hedging against inflation and boosting cash flow.; - Passive NNN Lease Structure: Enjoy a passive investment with fresh seven-year NNN leases and minimal landlord responsibilities.; - Recession Resistant Asset Class: Healthcare ensures stable revenue streams due to consistent demand for essential services.
More about this property
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