Gastro Consultants MOB & Surgery Center - Stone Oak Medical Center
The Gastro Consultants Stone Oak location is 100% leased to Gastroenterology Consultants of San Antonio (“GCSA”) on a NNN basis with existing long term leases in place, providing investors with a stable stream of cash flow. GCSA is a wholly-owned subsidiary of GI Alliance, the largest physician-led Gastroenterology network in the US – operating 150 centers across 8 states with over 400 GI physicians. The facility was built-to-suit for GCSA and is strategically located near Methodist Hospital. The property houses an endoscopy center, which features highly specialized operating rooms, as well as ancillary clinic space, providing patients with access to convenient care and outpatient procedures under one roof.
Founded in 1978, GCSA is one of the largest private GI practices in the state of Texas and operates its endoscopy centers in partnership with United Surgical Partners International. The practice is known for its best-in-class care, providing state-of-the-art procedures including endoscopic ultrasound, Bravo® ph monitoring, SmartPill® motility evaluation, wireless capsule endoscopy, and high-resolution impedance manometry. Additionally, the practice exceeds the national averages for GI indicators and works closely with other specialties to create an individualized treatment plan for its patients.
San Antonio is home to the South Texas Medical Center ("STMC") which consists of over 900 acres of medical-related facilities and directly serves 38 counties. The healthcare industry is one of the city’s top employers, bringing close to $3.4 billion into the region every year. In addition to serving as a regional hub for medical care, San Antonio is also home to a growing bioscience research industry.
The combined economic impact of the health care and the bioscience research is estimated to be $11.5 billion The STMC is made up of 75 medically-related institutions, more than 45 clinics, 12 major hospitals (including Christus Santa Rosa, Methodist, St. Luke’s Baptist, and University Hospital), the prestigious UT Health San Antonio, and countless small practices, offices, and non-medical businesses. These institutions provide state-of-the art healthcare services to patients from all over South Texas, the United States, and the world. With the continued guidance of the Medical Center Foundation, as well as the support of the San Antonio medical community, the STMC will continue to expand into its own community, with additional medical facilities, multiple office buildings, hotels, apartments, and restaurants.