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Medical For Sale • 18,433 SF
| PRICE REDUCED | Highly Specialized Lab Property | 15 Year Absolute NNN Lease & 3% Annual Rent Increases |
| Located in the San Antonio MSA With a 2.5M+ Rapidly Expanding Population |
| Very Attractive Demographics | $144K Average Household Incomes Within a 3 Mile Radius |
| The Average Asking Rent for Life Science/Lab Properties in the U.S. as of Q4 2023 was Over $70/SF NNN |
| 8.68% Average Cap Rate Over the Initial Lease Term |
| Build-to-Suit for the Tenant in 2021 |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Core Path Laboratories | 18,433 SF | 10/31/2031 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| San Antonio International | 21 min | - | 15.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 92 |
| Type: | Surface |
| Included in Rent: | Yes |
