9955 Braun RdHelotes, TX 78023

For Sale
$6,275,000

High-yield medical office, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 10,111 square foot, single-tenant medical office building located at 9955 Braun Rd, Helotes, TX 78023, in the rapidly growing San Antonio suburb of Helotes. The property boasts a 6.12% cap rate and a compelling asking price of $6,275,000, generating a net operating income (NOI) of $384,218. Built in 2024, this 1.4-acre property features 68 parking spaces and is situated on a heavily trafficked road (22,502K VPD), offering excellent visibility and accessibility. The property is currently 100% occupied under a 10-year absolute NNN lease with a reputable tenant, Kellum Physicians Partners, affiliated with Methodist Hospital and Baptist Health. The lease includes two, 5-year options, each with a built-in 3.5% annual rent increase, providing a strong hedge against inflation. This passive investment opportunity is further secured by personal guarantees from multiple physicians. The tenant, with over 50 years of market presence, is an established and growing healthcare provider, ensuring long-term stability and predictable cash flow. This is an ideal investment for those seeking a low-maintenance, high-return medical office property in a thriving market.

Highlights

  • 10,111 SF single-tenant medical office building in Helotes, TX, a rapidly growing San Antonio suburb.
  • Absolute NNN lease with personal guarantees from multiple physicians, offering a passive investment opportunity.
  • 3.5% annual rent increases built into the 10-year primary lease term and two 5-year options, providing inflation protection.
  • Tenant, Kellum Physicians Partners, is affiliated with Methodist Hospital and Baptist Health, ensuring strong market presence and long-term stability.
  • Kellum Physicians Partners is an established healthcare provider with over 50 years of market experience.

Property Details for 9955 Braun Rd

Property type
Other office properties, Medical offices
Square Feet
10,111 SF
Year Built
2024
Buildings
1
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Helotes
County
Bexar
State
Texas
Latitude
29.5379354
Longitude
-98.68635
9955 Braun Rd, Helotes, Texas

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9955 Braun Rd
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