2515 Babcock Rd
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2515 Babcock Rd
4,350 SF Office Building San Antonio, TX 78229 $2,250,000 ($517/SF) 6.56% Cap Rate
Investment Highlights
- Located in the Heart of the Medical District in NW San Antonio
- Serves Federal Government Employees and their Families
- Established practice with 4 offices in Texas
- Five Year NNN Lease with Annual Base Rent Increases, with 2 Five Year Renewals
Executive Summary
Single tenant medical practice with 5 years remaining on lease with two 5 year renewals. Located in the heart of the medical district in San Antonio, this practice serves federal government employees and their families specializing in family practice, injuries, and physical therapy and rehab.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,350 SF
Building Class
B
Year Built/Renovated
1995/2005
Price
$2,250,000
Price Per SF
$517
Cap Rate
6.56%
NOI
$147,675
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,350 SF
Building FAR
0.18
Lot Size
0.57 AC
Zoning
C-3
Parking
2 Spaces (0.46 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
PROPERTY TAXES
| Parcel Number | 17108-001-0220 | Improvements Assessment | $838,450 |
| Land Assessment | $391,550 | Total Assessment | $1,230,000 |
PROPERTY TAXES
Parcel Number
17108-001-0220
Land Assessment
$391,550
Improvements Assessment
$838,450
Total Assessment
$1,230,000
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2515 Babcock Rd
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