Property profile

1200 St Claire Blvd Mission, TX 78572

OFF-MARKET
Office Spaces
9,000 SF Built 2021
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,000-square-foot, single-tenant medical office building in Mission, Texas. The property, built in 2021, sits on a 52,707.6-square-foot lot and is currently 100% occupied under a 10-year absolute triple-net (NNN) lease with a nationally recognized dialysis provider. The lease commenced January 1, 2021, and expires December 31, 2030, leaving approximately 6.1 years remaining. The annual net operating income (NOI) is $189,000, resulting in a 5.82% capitalization rate. The lease includes a 10% rent increase after the initial five-year term, providing built-in rent growth. The property is strategically located adjacent to Mission Regional Medical Center, a 297-bed hospital, in a high-demand medical area. The tenant is a financially stable, publicly traded company, offering significant corporate backing. The building is classified as Class B and zoned for commercial use. This is a rare opportunity to acquire a stable, high-performing medical office asset in a rapidly growing Texas market, benefiting from the state's favorable tax environment. The property offers a strong combination of long-term lease security, predictable income, and significant upside potential.

Property profile

Verified
Property type Office Spaces
Year built 2021
Total area 9,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1200 St Claire Blvd Mission, TX 78572
Mission metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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