155 Wonder World Dr San Marcos, TX 78666

This exceptional investment opportunity presents a 3,650 square foot medical office building in San Marcos, Texas, currently leased to a strong tenant with a corporate guarantee from HCA Healthcare (NYSE). The property, built in 2016, sits on a 0.57-acre lot at 155 Wonder World Dr, 78666, boasting upgraded construction and a prime location along I-35 frontage road. The absolute NNN lease features a remaining term of 7.1 years with a 15-year initial term expiring December 31, 2031, and includes two, 5-year lease options. Rent increases by 10% every 5 years, ensuring consistent income growth. The property generates a substantial net operating income (NOI) of $148,535, resulting in a compelling 6.00% cap rate. The asking price is $2,475,583, translating to $678.24 per square foot. The building benefits from high visibility and accessibility, situated near major retailers like Sam's Club, Target, and Lowe's, as well as the H-E-B distribution center. The surrounding area features a dense residential population, a rapidly expanding education market (including Texas State University), and a robust commercial base, creating a strong and stable tenant base. This investment offers a secure, high-yield return in a thriving Texas market. The property's proximity to Santa Rosa Hospital and ER centers further enhances its strategic value within the healthcare sector. The urgent care market is experiencing significant growth, projected to expand at a compound annual growth rate of 10.99% from 2023 to 2030.