1652 Pat Booker Road, Universal City, TX 78148 For Sale

Marcus & Millichap is pleased to present the excellent investment opportunity located at 1652 Pat Booker Road in Universal City, Texas. The offering consists of a 2,000-square-foot, single-tenant medical property situated on approximately 0.32 acres and occupied by a maxillofacial specialist. The tenant is currently in year four of a seven-year net-leased (NNN) agreement that features attractive three percent annual rental increases throughout both the primary lease term and the two additional five-year renewal options, providing investors with a predictable and growing income stream. The tenant has demonstrated a strong commitment to the location through significant capital investment, including a comprehensive renovation completed in 2017 and the installation of specialized clinical and operatory equipment. These improvements create substantial operational efficiencies and contribute to tenant retention, enhancing the long-term stability of the asset. The property also features a favorable 5:1,000 parking ratio to support patient and staff accessibility. Strategically positioned near the signalized corner of Pat Booker Road and Kitty Hawk Road, the property benefits from exceptional accessibility with exposure to approximately 24,729 vehicles per day. The location offers convenient access to Interstate 35, Loop 1604, and Highway 78, connecting the property to the greater San Antonio metropolitan area. Investors will also benefit from strong surrounding demographics, with more than 219,000 residents, 78,000 households, and an average household income exceeding $85,000 within a five-mile radius. The asset's proximity to Randolph Air Force Base and major regional healthcare systems further strengthens its appeal. Located along the well-established Pat Booker Road retail corridor, the property serves an area that remains underserved for medical and specialty healthcare services, creating durable demand drivers and long-term investment potential