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Veterinary Hospital with NNN Lease
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2558 Thousand Oaks Dr, San Antonio, TX 78232

A renovated veterinary facility leased under a structure that limits routine landlord responsibilities.

Property Size3,198 SF
Price / SF$387.30
Days on Market164

Property Features for 2558 Thousand Oaks Dr

General Information

Standard status Active
Size 3,198 SF
Property subtype Retail, Office, Special Purpose
Lease Type NNN
Investment Type Net Lease
Net Operating Income $86,700

Building Details

Year Built 1998
Year Renovated 2022
Tenancy Single
Listing Agency: Kidder Mathews Los Angeles West
Listed By: Daniel Solomon · License #CA 02105991
Source: Crexi
Added: May 7 Changed: Oct 16 Last Checked: Oct 16 at 7:01AM

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 Kidder Mathews Los Angeles West

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Investment Insights

Based on property information with market context.

Built in 1998, this 3,198-square-foot veterinary hospital at 2558 Thousand Oaks Dr. includes a 2022 interior renovation, a roof replacement approximately two years ago, and recently replaced gutters. The property is occupied under an NNN lease with a corporate guaranty from Veterinary Centers of America (VCA).

The hospital is located in North San Antonio near the Stone Oak submarket, with surrounding residential development and retail and medical uses identified in the property information. VCA has operated the facility with more than 10 years of AAHA accreditation, a designation tied to standards for patient care, safety, and operations. The property is offered for sale as a healthcare facility with established veterinary use and recent capital improvements.

Key Highlights

  • 3,198‑square‑foot veterinary hospital built in 1998
  • NNN lease with a VCA corporate guaranty
  • Interior renovation completed in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,887
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,740 $737.7K
Cap Rate 7%
$526,957 $527.0K
Cap Rate 9%
$409,856 $409.9K
Market Conditions
NOI Build-Up for 3,198 SF
Gross rent
$69.1K $21.60/SF
− Vacancy
−$7.6K −$2.38/SF
EGI
$61.5K $19.22/SF
− OpEx
−$24.6K −$7.69/SF
NOI
$36.9K $11.53/SF
Area
San Antonio, TX
Vacancy
11.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,740
Cap Rate 7%
$526,957
Cap Rate 9%
$409,856

Alternative Uses

Best Use
Healthcare Medical
$527.0K
$461.1K – $614.8K (±1% cap)
NOI $36,887 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$815.8K
$713.8K – $951.7K (±1% cap)
NOI $57,103 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

VCA Henderson Pass ... Veterinary Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 78232, TX

35,397
Population
16,369
Households
2.2
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
2,975
Density / Sq Mi
$84,633
Median Household Income
$48,586
Median Earnings
$1,404
Median Rent
$345,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hospital - A renovated veterinary facility leased under a structure that limits routine landlord responsibilities.
Where is this hospital located?
The property is located at 2558 Thousand Oaks Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $1,238,570.
What are key features of this property?
This property features: 3,198‑square‑foot veterinary hospital built in 1998; NNN lease with a VCA corporate guaranty; Interior renovation completed in 2022
More about this property
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