122 Saint Cloud Rd, San Antonio, TX 78228

15,003 SF | Office Building | San Antonio, TX 78228 | $6,500,000 ($433/SF) | 6% Cap Rate

Asking Price $6,500,000

Property Type
Office
Square Feet
15,003 SF
Price / Square Foot
$433

Listing Contacts

  • Property Info

Property Overview

Strategic High-Traffic Location with Excellent Accessibility: Cano Health is situated near the signalized intersection of St. Cloud Road and State Highway Spur 421/Bandera Road. This site benefits from a high combined daily traffic count of 37,177 vehicles, ensuring maximum visibility and accessibility. Additionally, the property is positioned between two major transportation corridors, Interstate 10 (188,000 AADT) and Interstate 410 (199,289 AADT), which offers seamless access to the location
Proximity to Well-Attended Educational Institutions: Boasting a coveted position across from James Madison Elementary School and within walking distance of Mexican American Catholic College, the site also maintains beneficial proximity to Memorial High School and Thomas Jefferson High School. Additionally, the property is just five minutes from St. Mary’s University, a renowned educational institution with over 2,300 students
Thriving Retail Corridor: Nestled within a bustling retail corridor, the property is adjacent to Raising Cane’s with neighboring prominent tenants such as Walmart Supercenter, McDonald’s, Wells Fargo, Dollar General, and Great Clips, making this location an ideal setting for businesses seeking a vibrant and diverse customer base
Robust Community and Promising Market Prospects: With a five-mile population of 355,410, this location presents a strong consumer base and ample growth potential. The site is five miles from Downtown San Antonio, the second-largest city in Texas and part of the San Antonio Metropolitan Statistical Area (MSA) with 2.6 million residents, further enhancing its market attractiveness and opportunities
Healthcare Industry Hub: San Antonio boasts a thriving healthcare industry and benefits from proximity to prestigious medical and healthcare education institutions, including the University of Texas Health Science Center at San Antonio

Property Details

Class
B
Year Built
2023
Stories
1
Property Subtype
Medical, Freestanding, Other Health Care
Lot Size (sq. ft)
127,631 SF

Highlights

  • 10-year NN lease to HUM Provider Holdings, LLC with scheduled rental increases
  • HUM Provider Holdings, LLC is a wholly-owned subsidiary of Humana Inc.
  • Humana (NYSE: HUM”) is the fourth largest insurance provider in the U.S.
  • In 2023, Humana ranked #4 on the Fortune 500 list as the highest ranked (by revenues) company based in Kentucky
  • High-quality 2023 construction with ample on-site parking and multiple access points
  • Strategic location near the signalized intersection of Saint Cloud Road and State Highway Spur 421/ Bandera Road, which experiences a combined traffic

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