Department of Veterans Affairs & Class A Medical Center
The Department of Veterans Affairs & Class A Medical Center | 7.00% CAP | Massive 3.53 Acre Lot
Marketing description
The Department of Veterans Affairs & Class A Medical Center is a 92% occupied prime asset with credit-rated tenants. The majority of tenants are on NNN leases. The 4-building property is located under 0.5 miles from the South Texas Medical Center District and features excellent visibility with multiple access points. Positioned at the signalized intersection of Huebner Rd. and Eckhert Rd. with +50,400 combined VPD, the subject property is less than 2 miles from SH16 (Bandera Rd.) with access to I-10 and Loop 410, offering excellent regional and transcontinental connectivity. Within a 2-mile radius of +7 Assisted Living Facilities and Retirement Communities and less than 0.5 mile to UT Health San Antonio Behavioral Health & Wellness Center. Located 1 mile south of H-E-B anchored shopping center with 2.9MM annual visits, per Placer.ai. The area is thriving with over 23,400 jobs added in the San Antonio-New Braunfels MSA since December 2024 showing a 2% growth rate.
This massive 3.53 acre lot sits less than 0.5 miles to the South Texas Medical Center District, a premier healthcare hub with over 30,000 employees combined receiving over 5MM outpatient visits and 100,000 inpatient visits annually. Essentially a city within a city, the STMC is an extensive professional community - not just in healthcare, but in contributions to medical research and service to patients worldwide. The site is located in a heavily populated area with a population of +360,000 in 5-mile radius and is surrounded by +3,000 multi-family homes in a 1 mile radius.
Watch Property Video: https://vimeo.com/1138672344
Investment highlights
Class A Medical Office, Less than 0.5 Miles to the South Texas Medical Center District
92% Occupied with Majority of Tenants on NNN Leases
Massive 3.53 Acre Lot
Less than 0.5 Miles to UT Health San Antonio Behavioral Health & Wellness Center
Less than 2 Miles from SH16 (Bandera Rd.) with Access to I-10 and Loop 410, Offering Excellent Regional and Transcontinental Connectivity
Affluent Demographics: Population of +360,000 and Avg HHI of +$76,000 in 5 Mile Radius
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