Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
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.
Highlights
3,650 SF medical office building in San Marcos, TX, built in 2016.
Located on a 0.57-acre lot at 155 Wonder World Dr, 78666, with I-35 frontage road visibility.
Leased to a strong tenant with an HCA Healthcare corporate guarantee; absolute NNN lease.
7.1 years remaining on a 15-year lease (expiring 12/31/2031) with two 5-year options; 10% rent increases every 5 years.
$2,475,583 asking price ($678.24/SF); $148,535 NOI, 6.00% cap rate.
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].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.