4234 Weber RdCorpus Christi, TX 78411

Property Details for 4234 Weber Rd

Year built

1995

Lot size

1.32 AC

Property size (Sq ft)

5,649 SF

Zone code

SP

Property type

Healthcare properties

Property subtype

Medical offices

APN

7977-0005-0090

APU

797700050090

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $776,288

  6.5%

  $716,573

  7%

  $665,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $487,121

  Geo Method

  $1,283,848

• Alternative Use

  Use

  Valuation

  Residential

  $888,551

  Hospitality

  $813,908

  Educational

  $677,162

  Medical

  $700,450

  Retail

  $1,053,363

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.7346

Longitude

-97.3901

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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