STREAM Capital Partners > Properties > All Properties > Baptist Health Neighborhood Hospital

Baptist Health Neighborhood Hospital

Net Lease

6491 Woodlake Parkway, San Antonio, TX
Price:
$1,600,000
Cap Rate:
5%
Current Rent:
$80,000
Tenancy:
Single Tenant
Lease Type:
Ground Lease
Lease Term:
50 years
Landlord Responsibilities:
None
Renewal Options:
5, 5-year
Building Sq. Ft.:
9,848 SF
Rent Increases:
7.5% every 5 years with FMV reset in option periods
Site Size:
1.27 Acres

Investment Highlights

  • Long Term Security: Rare 50 year absolute NNN ground lease providing passive ownership with long term security.
  • Covered Land Play: Future upside opportunity should the ground owner recapture the building.
  • Ideally Located: Situated in a densely populated area of San Antonio with a population of 112,000 people within a three-mile radius.
  • Affluent Submarket: The property has access to average household income of ~ $95,000 within a 1-mile radius.
  • High Profile Pad Site: Outparcel to Woodlake Crossing, a 289,000 SF shopping center anchored by Crunch Fitness, Ross Dress for Less, Petco, Chick-fil-A, and Bank of America, DD’s Discount, Popshelf and Ollie’s. Other area retailers include H-E-B, CVS, Napa Auto, McDonalds, and Firestone, among others.
Price:
$1,600,000
Cap Rate:
5%
Current Rent:
$80,000
Lease Type:
Ground Lease
Lease Term:
50 years
Landlord Responsibilities:
None
Renewal Options:
5, 5-year
Building Sq. Ft.:
9,848 SF
Rent Increases:
7.5% every 5 years with FMV reset in option periods
Site Size:
1.27 Acres

Listing Agents

Connor Shell

Managing Director
407.913.9009[email protected]

Graham Gold

Vice President
314 324 8792[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Broker Of Record:  Kyler Bean, Lic: 646910

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