PRICE REDUCED - Marcus & Millichap is pleased to present this highly specialized, single tenant, 15 year absolute NNN leased full-service cancer reference lab located at 6918 Camp Bullis Rd in San Antonio, TX. The project was a build-to-suit in 2021 for the tenant’s specific needs and the tenant will sign a sale/leaseback agreement with the buyer at the close of escrow. The average asking rent for life science/lab properties in the U.S. as of Q4 2023 was over $70/SF NNN. The lab (founded in 2009) has over $2.6M of state-of-the art equipment located at the property and the building houses 50 total employees who work in a wide variety of hi-tech life science uses: Histology/Pathology, Cytogenetics, Molecular Genetics, Doctor’s Offices/Admin, Flow Cytometry & Fluorescence In Situ Hybridization (FISH). The subject property totals 18,433 SF and it is situated just off of the I-10 Freeway, offering easy accessibility. The San Antonio MSA (2.5M+ population) is a rapidly growing area, with many people migrating to region in recent years due to its’ low cost of living and business friendly environment. The building’s submarket additionally offers very attractive demographics, with average household incomes exceeding $144K within a 3 mile radius of the subject property. This property’s long term absolute NNN lease, the 8.68% average cap rate over the initial lease term, the highly specialized life science/lab tenancy and its' very attractive location make it an ideal investment for a national healthcare real estate investor or a private/1031 exchange buyer. *If you return the attached CA to me I can forward you the financials and the full Dropbox DD link