WellMed Seguin Medical Facility
421 S King St, Seguin, TX 78155
Newly constructed medical facility with long-term lease and strong financials.
Type:Office, Retail
Property size:
11,692 SFLot size:
2.00 AcresPrice / SF:
$658/SF- Added:
- Feb 24, 2026
- Days on Market:
- 77
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 421 S King St
General Information
- Standard status
- Active
- Size
- 11,692 SF
- Lot size
- 2.00 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2025
Listing agent Caroline Pinkston License #TX 601565
Listing office JLL - Dallas | Cedar Springs, Texas
Listing date Feb 24, 2026
Source Crexi
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 JLL - Dallas | Cedar Springs, Texas
HighLights
- New construction (2025) single‑tenant medical facility leased to WellMed Medical Management, Inc.
- Lease term of 10.2 years with 3.00% annual rent increases.
- Tenant is backed by UnitedHealth Group, which reported $447.6 billion in revenue and holds an A+ credit rating (S&P).
- Strategically located adjacent to Guadalupe Regional Medical Center.
- Located in Seguin, TX, a rapidly growing regional hub.
- Situated on a 2.0‑acre parcel within a dense retail corridor.
Overview
The property is a newly constructed, single-tenant medical facility located in Seguin, TX. The asset is leased to WellMed Medical Management, Inc., a wholly-owned subsidiary of UnitedHealth Group, with 10.2 years of remaining lease term. The lease features 3.00% annual rent increases and two, 2.5-year renewal options at fair market rent, not less than the prior term. The property serves as a full-scale medical center for WellMed, a physician-led network focused on senior care, established in 1990, which now operates more than 300 clinics and partners with over 16,000 physicians serving more than 1 million patients across Texas, Florida, and New Mexico. UnitedHealth Group reported $447.6 billion in revenue and holds an A+ credit rating (S&P) in FY2025. The property is strategically positioned adjacent to the Guadalupe Regional Medical Center. Seguin has emerged as a regional hub for healthcare, manufacturing, and retail, and is undergoing significant growth, including the development of a $75M+ mixed-use Town Center project and a pipeline of over 17,000 new residential units. Situated on a 2.0-acre parcel within a dense retail corridor and directly adjacent to a Walmart Supercenter, the property benefits from robust demographics, including a 3.6% annual population growth within a five-mile radius since 2020, a population of 66,760, and an average household income of $88,698 in a 5-mile radius. The property is a Class A, net leased healthcare asset backed by an A+ rated parent company, offering secure, long-term cash flow with limited landlord responsibilities in a rapidly expanding and strong medical market. The property size is 11692 square feet.
Location Intelligence
Current Use by Public Records
Medical centers
Location Insight
- Map
- Local Demand
- City
- Seguin
- County
- Guadalupe
- State
- Texas
- Longitude
- -97.9476767
- Latitude
- 29.5653634
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FAQs
What type of property is this?
Medical center - Newly constructed medical facility with long-term lease and strong financials.
Where is this medical center located?
The property is located at 421 S King St Seguin, TX.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: New construction (2025) single‑tenant medical facility leased to WellMed Medical Management, Inc.; Lease term of 10.2 years with 3.00% annual rent increases.; Tenant is backed by UnitedHealth Group, which reported $447.6 billion in revenue and holds an A+ credit rating (S&P).
