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OVERVIEW

 

Lincoln Harris CSG is pleased to exclusively offer the subject property for purchase. Formerly known as Forest Park Medical Center, the state-of-the-art, trophy- caliber medical center is located in San Antonio, Texas (“Property”). Situated on 8.33 acres, the Property consists of a 154,282 square foot hospital (12 ORs, 54 private suites and 16 VIP suites), 79,964 square foot medical office building (“MOB”) and a parking garage. The improvements were completed in November 2014. The property is owned by a group of lenders ("Seller", "Owner"). It is prominently located along the I-10 corridor, south of Charles William Anderson Loop (1604), a strong growth corridor characterized by affluent neighborhoods with quality retail and commercial developments.

 

 

The hospital is currently vacant (license suspended), but is fully functional and professionally managed. The MOB is currently 6% leased with 2 tenants and is also professionally managed.

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Please note: This offering does not include furniture fixtures or equipment.

INVESTMENT HIGHLIGHTS

  • Opportunity to create competitive advantage in a market with a need for surgical hospitals

  • Best-in-class hospital and medical office building

  • Aesthetically superior and highly functional design, oriented to enhance the patient experience and increase operational efficiencies

  • U.S. Green Building Council’s LEED Gold Certification (pending)

  • Well located in affluent, high growth area of San Antonio​

  • State-of-the-art facilities available below replacement cost

Location
Market

PROPERTY DESCRIPTION

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