7127 Somerset Rd | San Antonio, TX 78211
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- LoopNet Team
7127 Somerset Rd
San Antonio, TX 78211
New 12 Yr Abs NNN Medical Lease | San Antonio · Office Property For Sale
Investment Highlights
- High-Quality Healthcare Asset – This is an ideal investment opportunity for investors looking to complement their existing portfolio
- 3rd Most Populous MSA In Texas – The MSA is centered around San Antonio, the second largest city in Texas and the 7th largest in the U.S.
- Dense Market Location – Located just outside of downtown San Antonio, the center has a 5-mile radius of around 231,000 residents
- +$350K In Tenant Renovations – The tenant recently completed a buildout which cost over $350K
- Passive Absolute NNN Lease – This building features a fresh 12-year lease with zero landlord responsibilities
- Inflationary Protected Lease – This lease features above-market, 2.50% annual rent increases, providing a major cash flow boost
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
6,618 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,618 SF
Building FAR
0.13
Lot Size
1.16 AC
Zoning
C-2 - Commercial District
Parking
26 Spaces (3.93 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 11252-001-0070 | Improvements Assessment | $1,068,680 |
| Land Assessment | $391,320 | Total Assessment | $1,460,000 |
PROPERTY TAXES
Parcel Number
11252-001-0070
Land Assessment
$391,320
Improvements Assessment
$1,068,680
Total Assessment
$1,460,000
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