24870 Blanco Rd San Antonio, TX 78260
NNN leased healthcare property with annual rent increases for sale.
Property size:
5,098 SFLot size:
0.63 AcresProperty Features for 24870 Blanco Rd
General Information
- Size
- 5,098 SF
- Lot size
- 0.63 Acres
Source:
Moodyscre
Listing 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.
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
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.5220944
- Latitude
- 29.6730026
Nearby Similar for Sale
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.