For Sale
$1,694,700

4234 Weber RdCorpus Christi, TX 78411

7.5% Cap Rate, NNN Lease, ABA Clinic

Overview

Added:
Dec 11, 2024
Days on market:
116
This Corpus Christi, Texas medical office building presents a compelling investment opportunity. The 5,649 square foot property, built in 1995 and situated on a 1.32-acre lot (APN: 7977-0005-0090), is currently 100% occupied by Empower Behavioral Health, a multi-regional operator of Applied Behavioral Analysis (ABA) clinics. The property boasts a strong 7.5% cap rate, generating a net operating income (NOI) of $127,103. A new seven-year NNN lease is in place, featuring 3% annual rent increases, providing a hedge against inflation and minimizing landlord responsibilities. The asking price is $1,694,700 ($300/sq ft). The lease structure offers a passive investment with minimal landlord responsibilities, making it attractive to both local and out-of-state investors. Empower Behavioral Health operates 15 locations across Texas and recently merged with Circle of Care, a private equity-backed company, strengthening its financial stability and market position. This investment benefits from the growing ABA therapy market and the recession-resistant nature of the healthcare industry. The property is located at 4234 Weber Road, Corpus Christi, TX 78411. Lease options include 3 and 5-year terms. The ownership is fee simple.

Highlights

  • Strong growth potential in the ABA therapy market, projected to reach $4B by 2032.
  • Recession-resistant investment due to consistent demand for healthcare services.
  • Leases include above-market, 3% annual rent increases, hedging against inflation.
  • Passive investment with new seven-year NNN leases and minimal landlord responsibilities.
  • Tenant, EBH, is a multi-unit regional provider with extensive Texas presence and strong insurance network.
  • Tenant recently merged with a private equity-backed operator, expanding service offerings and market reach.

Property Details for 4234 Weber Rd

Property type
Retail properties, Office properties
Square Feet
5,649 SF
Year Built
1995
Lot Size (sq. ft)
57,499 SF
Units
1

Location Insight

City
Corpus Christi
County
Nueces
State
Texas
Latitude
27.7344856
Longitude
-97.3903257
4234 Weber Rd, Corpus Christi, Texas

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4234 Weber Rd
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