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11919 Culebra Road, San Antonio, TX, 78253

Specialty Dental MOB
$2,614,370

Key Information

Cap Rate
6.75%
$ per SF
$399
Tot. SF
6,538
Units
2
Year Built
2014
Type
Healthcare
Occupancy
100%
NOI
$176,469

Highlights

• Established Multi-Tenant Dental Investment – The property is occupied by established dental operators, including Full Smile Management and Lost Creek Dental, both of which maintain strong performance and long-standing operations within the San Antonio market.
• Resistant Healthcare Asset – Dental real estate continues to be one of the most sought-after asset classes due to recurring patient demand, operational stability, and limited exposure to economic downturns and e-commerce disruption that affects traditional retail properties
• 3% Annual Rental Increases | Hedge Against Inflation | Continue Throughout Life of Lease – Both leases feature fixed 3.00% annual rental escalations throughout the lease term, providing consistent income growth and a built-in hedge against inflation.
• NNN Leases | Nearly Passive Investment Opportunity | Minimal Landlord Responsibility – The property operates under NNN lease structures, providing investors with a nearly passive ownership opportunity and limited management responsibilities.
• Strong Real Estate Fundamentals | High Visibility Hard Corner Location – The asset is strategically positioned at the signalized intersection of Culebra Rd. and Alamo Pkwy, benefiting from traffic counts exceeding 55,000 vehicles per day and exceptional visibility within one of San Antonio’s busiest growth corridors.
• Medical Synergy | Established Healthcare Corridor – The property is surrounded by complementary medical users including South Texas Radiology, Pierson & Saunders Orthodontics, and Stratton Rehabilitation, creating strong referral synergy and reinforcing the site’s healthcare-oriented tenant mix.
• Oral Surgery Component | Specialized High-Revenue Service Line | Increased Tenant Stickiness – The location includes oral surgery services, a highly specialized and high-revenue segment of dentistry requiring significant investment in surgical infrastructure, equipment, imaging systems, and specialized build-outs.
• Tenant Investment in Location | High Relocation Costs | Purpose-Built Dental Facility – Dental practices require extensive infrastructure including specialized plumbing, imaging systems, cabinetry, and medical build-outs, making relocation operationally difficult and financially burdensome for tenants.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204