24870 Blanco Rd, San Antonio, TX 78260
5,098 SF | Office Building | San Antonio, TX 78260 | $1,427,440 ($280/SF) | 7.50% Cap Rate
For Sale
Active
Asking Price $1,427,440
- Property Type
-
Office, Restaurant
- Square Feet
- 5,098 SF
- Price / Square Foot
- $280
Listing Contacts
Andrew Fagundo
Rahul Chhajed
Michael Moreno
Property Overview
Matthews Real Estate Investment Services’™ Healthcare Division proudly presents a unique opportunity for to acquire an Applied Behavioral Analysis (ABA) clinic leased to the multi-regional operator, Empower Behavioral Health (“Empower” or “EBH”). Established in 2015, Empower provides ABA and autism therapy services in 15 locations across Texas and has recently merged with private-equity-backed Circle of Care to enhance its therapy services.
ABA therapy is grounded in behaviorism principles, advocating that the most effective method for enhancing individuals' lives is through objective, behavioral strategies. EBH’s goal is to help its clients become the best, most independent version of themselves. Their program offers several services including early intervention, social skills, behavior management, communication skills and more.
After the close of escrow, the tenant will establish a new seven-year NNN lease along with 3% annual increases promising an advantageous investment opportunity for any local or out of state investor. The average household income within a 1-mile radius of the property to $146,785.
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
ABA therapy is grounded in behaviorism principles, advocating that the most effective method for enhancing individuals' lives is through objective, behavioral strategies. EBH’s goal is to help its clients become the best, most independent version of themselves. Their program offers several services including early intervention, social skills, behavior management, communication skills and more.
After the close of escrow, the tenant will establish a new seven-year NNN lease along with 3% annual increases promising an advantageous investment opportunity for any local or out of state investor. The average household income within a 1-mile radius of the property to $146,785.
Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Details
- Class
- B
- Year Built
- 2009
- Stories
- 1
- Property Subtype
- Medical, Grocery/Convenience Store, Freestanding
- Lot Size (sq. ft)
- 23,958 SF
Highlights
- GROWING INDUSTRY – The ABA market in the United States was valued at $3.8 to $4 billion in 2023 and is expected to grow
- RECESSION RESISTANT ASSET CLASS – Healthcare is considered recession-resistant due to the essential nature of its services
- INFLATIONARY PROTECTED LEASE – The lease will feature above-market, 3% annual rent increases, providing a significant boost to cash flow
- PASSIVE NNN LEASE STRUCTURE – The tenant will sign a fresh seven-year NNN lease with minimal landlord responsibilities, providing a passive investment
- STRATEGICALLY SELECTED HIGH-INCOME MARKET – This clinic is strategically situated in an affluent market with an average household income of $146,785
- MULTI-UNIT REGIONAL PROVIDER – EBH operates 15 locations, including four in San Antonio and three in Houston, which are among Texas’ top MSAs.
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