2515 Babcock Rd
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2515 Babcock Rd
4,350 SF Office Building San Antonio, TX 78229 $3,248,843 CAD ($747 CAD/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
$3,248,843 CAD
Price Per SF
$747 CAD
Cap Rate
6.56%
NOI
$213,232 CAD
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 | $1,203,151 CAD |
| Land Assessment | $561,863 CAD | Total Assessment | $1,765,013 CAD |
PROPERTY TAXES
Parcel Number
17108-001-0220
Land Assessment
$561,863 CAD
Improvements Assessment
$1,203,151 CAD
Total Assessment
$1,765,013 CAD
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2515 Babcock Rd
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