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Pathology Reference Laboratory

2 Office Properties Offered at $9,178,118 CAD in San Antonio, TX

Investment Highlights

  • Absolute NNN leased sale/leaseback opportunity - No landlord responsibilities
  • Outstanding location within 2 blocks from the major intersection of IH-10 and Wurzbach Drive
  • 2% annual rent increases
  • 15 year lease term beginning at close of escrow, with 2 - 5 year renewal options
  • Stable 20+ year occupant
  • Corporate and personal lease guarantees

Executive Summary

Oldham Goodwin is pleased to present as a long-term absolute NNN leased sale/leaseback opportunity these well-located medical office buildings serving as the headquarters for one of San Antonio's oldest and largest pathology practices. The offering includes two separate properties consisting of a lab building at 9600 Datapoint Drive and an administrative headquarters office building at 9720 Datapoint Drive. The properties are located within a very short distance from the South Texas Medical Center in San Antonio, and are easily accessible via IH-10 and Wurzbach Drive, 2 major thoroughfares in the city.

Data Room Click Here to Access

Property Facts

Price $9,178,118 CAD
Price / SF $436.53 CAD / SF
Sale Conditions Sale Leaseback
Cap Rate 7%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 21,025 SF
Total Land Area 1.95 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
9720 Datapoint Dr, San Antonio, TX 78229 Office 8,515 SF 1970 -
9600 Datapoint Dr, San Antonio, TX 78229 Office 12,510 SF 1970 -
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  • Listing ID: 32557268

  • Date on Market: 2024-07-23

  • Last Updated:

  • Address: Pathology Reference Laboratory, San Antonio, TX

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