wellmed building
4438 centerview drive

for sale: single tenant net leased building

Transwestern is pleased to offer for sale to qualified investors a long-term net leased property in San Antonio, TX. The fee simple offering is a 15,000 SF freestanding building leased to WellMed. WellMed is a major provider of healthcare services to seniors with over 145 locations in Texas, New Mexico, and Florida. WellMed signed an initial ten year triple net lease with 10% rental increases every five years with one remaining 5 year option period (10% rental increase in remaining option period).

LOCATION:	4438 Centerview Dr, San Antonio, TX 78228 Highly accessible intersection of Loop 410 and Callaghan Road Close proximity to South Texas Medical Center		INVESTMENT HIGHLIGHTS:	15,000 Rentable Square Feet Price: $5,280,000 Cap Rate: 6.25% Approximately 8 years of lease term remaining Fee Simple interest
LEASE ABSTRACT:	NNN Lease 5 year renewal option remaining Current lease expires 6/30/2024 Annual Base Rent: 6/1/16-2/28/19: $330,000 3/1/19-6/30/24: $363,000 7/1/24-6/30/28: $399,300 (option period)		TENANT OVERVIEW:	WellMed Medical Management, Inc 145 locations Headquarters located in San Antonio

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For more information, contact:

Charlie Weil
Associate Vice President

Contact Information
210.253.2934
Charlie.Weil@transwestern.com

Luis Garza
Associate

Contact Information
210.253.2947
Luis.Garza@transwestern.com

8200 IH-10 West | Suite 800 | San Antonio, Texas 78230 | P: 210.341.1344 | F: 210.377.2797

transwestern.com/SanAntonio

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FOR SALE: 100% SINGLE TENANT NET LEASED BUILDING

wellmed building 4438 centerview drive

for sale: single tenant net leased building

Charlie Weil Associate Vice President

Contact Information 210.253.2934 Charlie.Weil@transwestern.com

Luis Garza Associate

Contact Information 210.253.2947 Luis.Garza@transwestern.com

8200 IH-10 West | Suite 800 | San Antonio, Texas 78230 | P: 210.341.1344 | F: 210.377.2797 transwestern.com/SanAntonio

Copyright © 2016 Transwestern. All rights reserved. TRANSWESTERN is actively working to further the use of paperless communications. Customize your email subscription preferences.