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Property profile & analytics
OFF-MARKET
Office Spaces

6918 Camp Bullis Rd San Antonio, TX 78256

18,433 SF 2.27 ac lot Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 18,433 square foot Class A medical office building in San Antonio, Texas. Located at 6918 Camp Bullis Rd, this fee-simple property boasts a 100% occupancy rate with a single tenant under an absolute NNN lease, providing significant passive income. The lease commenced June 1, 2021, and extends to December 31, 2039, with a remaining term of 15.1 years. The tenant, a highly specialized cancer reference laboratory, occupies the entire building, which was built-to-suit in 2021. The lease includes attractive 3% annual rent increases, ensuring consistent growth in cash flow. The property features a 7.00% cap rate and a sale price of $15,140,000 ($821.35/sq ft). Situated on a 2.27-acre lot, the three-story building is conveniently located near I-10, offering excellent accessibility. The surrounding area demonstrates strong demographics, with average household incomes exceeding $144,000 within a three-mile radius. The tenant is backed by a corporate guarantee. Lease options for renewal are available for terms of 2-5 years under the same terms. This property is an ideal investment for those seeking a stable, high-return asset in a rapidly growing market. The property's strong tenant, long-term lease, and favorable location make it a compelling investment opportunity. The building houses state-of-the-art equipment and employs 50 people across various high-tech life science functions.

Property profile
Verified
Property type Office Spaces
Year built 2021
Total area 18,433 SF
Lot 2.27 ac (98,881 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SigmaCore Medical Clinic
  • CorePath Laboratories Laboratory Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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