2515 Babcock Rd San Antonio, TX 78229

This exceptional San Antonio medical office building, located at 2515 Babcock Rd, presents a compelling investment opportunity. The property boasts 4,350 square feet of net rentable space, currently occupied under a single-tenant, net-lease agreement. The lease, structured as a triple-net (NNN) arrangement, commenced February 1, 2024, and extends through January 31, 2029, with a remaining term of approximately 4.2 years. The tenant, an established medical practice, has occupied the space since March 1, 2022, ensuring consistent occupancy at 100%. The lease includes 3% annual rent bumps and two five-year renewal options, providing long-term income stability. The property features a 5.31% cap rate based on a net operating income (NOI) of $142,677 and an asking price of $2,685,000. Built in 1995 and renovated in 2022, this single-story building sits on a 0.574-acre lot zoned C-3. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's strong tenant history, favorable lease terms, and prime location in Bexar County, Texas, make it an ideal addition to any investment portfolio.