For Sale
$7,100,000

5939 Babcock RdSan Antonio, TX 78240

High-Yield Medical Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A, 12,939 square foot medical office building in San Antonio, Texas, presents a compelling investment opportunity. Located at 5939 Babcock Rd, in Bexar County, zip code 78240, this 100% occupied property boasts three corporate-guaranteed tenants with long-term leases and built-in annual rent increases. The building, constructed in 2022, sits on a 1.5-acre lot zoned C-2 and offers a strong net operating income (NOI) of $431,693, translating to a 6.00% cap rate and a price per square foot of $548.73. The asking price is $7,100,000. This stabilized investment features a triple-net (NNN) lease structure, providing a low-maintenance ownership experience. Its prime location across from an H-E-B grocery store ensures high visibility and accessibility. The property's strong tenant base, coupled with its desirable location and favorable financial metrics, makes it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-quality, fully leased medical office building in a thriving market.

Highlights

  • $7,100,000 asking price for a stabilized Class A medical office building.
  • 12,939 square feet, 100% occupied with three tenants under long-term NNN leases, including corporate guarantees and annual rent bumps.
  • Located in San Antonio, TX at 5939 Babcock Rd, on a 1.5-acre lot in a C-2 zoned area, across from H-E-B.
  • Built in 2022, offering a 6.00% cap rate and $431,693 NOI.
  • $548.73 price per square foot.
  • Broker co-op available; For sale by owner.

Property Details for 5939 Babcock Rd

Property type
Office properties, Medical offices
Square Feet
12,939 SF
Class
A
Year Built
2022
Buildings
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5289145
Longitude
-98.6017768
5939 Babcock Rd, San Antonio, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5939 Babcock Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message