8119 Flores St San Antonio, TX 78221-3019
- Medical offices
- 16,212 SF
- 1.35 lot acres
Dec 03, 2024
Current Use by Public Records
- U.S. Renal Care / Dialysis Center
Property Details for 8119 Flores St
- Year built
- 2015
- Lot size
- 1.35 lot acres
- Property size
- 16,212 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 11759-033-0080
- APU
- 117590330080
Description
This exceptional 16,000 square foot medical office building in San Antonio, Texas presents a compelling investment opportunity. Built in 2016, the single-story building sits on a 1.348-acre lot at 8119 S Flores St, 78221, and is currently leased to U.S. Renal Care, a major national dialysis provider with a strong track record. The property boasts a fee simple ownership structure and a 7.75% cap rate, generating a substantial net operating income (NOI) of $466,171. The asking price is $6,015,000, translating to $375.94 per square foot. The lease features a 10-year term with built-in 3% annual rent increases, providing excellent inflation protection. The tenant's corporate guarantee adds significant security. Located in a high-population-density area (approximately 238,713 people within a 5-mile radius) with high traffic volume (approximately 45,110 vehicles per day), this property offers exceptional stability and growth potential. The absolute NNN lease structure eliminates landlord responsibilities, making this an ideal low-maintenance investment. This is a rare opportunity to acquire a high-performing medical office building with a strong tenant and attractive financial metrics.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.4862
- Latitude
- 29.3443
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
