112 Herff Rd
Boerne, TX 78006
SOBO Medical Office Building · Office Property For Sale

CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the opportunity to acquire the SOBO MOB & Surgical Center (the “Property”), a three story, 52,410 square foot Class A medical outpatient building (MOB) and ambulatory surgery center (ASC) located in Boerne, Texas, one of the fastest growing and affluent submarkets within the San Antonio MSA. The Property is 93% leased with a weighted average remaining lease term of 3.7 years under triple net leases, generating stable in place cash flow with additional NOI upside by leasing the remaining vacancy.
The Property is anchored by two Baptist Health affiliated tenants representing 47% of in place tenancy, led by Surgery Center of Boerne (14,672 SF) and BHS Physicians Network (8,345 SF). BHS Physicians Network serves as the designated physician network of Baptist Health System, which is owned by Tenet Healthcare Corporation (NYSE: THC | Moody’s: Ba3), and its lease is guaranteed by VHS San Antonio Partners, LLC, the legal entity of Baptist Health System. Just one mile northwest of the Property, Baptist Health has broken ground on Boerne’s first acute care hospital, slated for completion in late 2026 or early 2027.
SOBO MOB & Surgical Center offers a diverse and synergistic tenant mix comprised of 10 tenants across 10 distinct medical specialties including ambulatory surgery, primary care, orthopedics, sports medicine, gastroenterology, and advanced diagnostic imaging. The surgery center is operated through a joint venture between USPI (51) and local physicians (49), positioning the Property as a mission critical outpatient hub that benefits from embedded referral relationships and high acuity clinical utilization.
Strategically located immediately off Interstate 10, the Property provides direct access and visibility to the broader San Antonio patient base while serving a rapidly expanding local population. The surrounding Boerne area boasts exceptionally strong demographics, including median household income ($114,363) and home values ($498,909) materially above the MSA average, with population growth projected to increase by nearly 21% by 2031, underpinning sustained outpatient healthcare demand.
To sign the Confidentiality Agreement and get immediate access to the full Offering Memorandum, please visit: www.SOBOMedicalBuilding.com (or click: https://www.cbredealflow.com/handler/modern.aspx?pv=bIUMysgL8vqZkGh1BUbTW6EuFKI3HE5KELwqSSDe4qM#_top)