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Building 3 NEC IH-10 5,019 SF 72% Leased Retail Building Boerne, TX 78006 $4,324,000 ($861.53/SF) 5.65% Cap Rate
Executive Summary
Located in Boerne, TX, a high-income, high-growth market approximately 31 miles northwest of Downtown San Antonio, Building 3 is 100% leased to
Chicken Salad Chick, Red Wing Shoes, and an Allergy clinic (lease out for signature). Other tenants in the center include Chicken Salad Chick, Red Wing
Shoes, McAlister’s Deli, Nothing Bundt Cakes, and Bad Ass Coffee, with Sprouts Farmers Market to serve as the center’s anchor (2027 estimated opening).
The property benefits from direct I-10 frontage and dedicated ingress and egress via Christus Parkway to the south and Norris Lane to the north, capturing
both local residential demand and commuter traffic between Boerne and San Antonio. Kendall County grew 20.3% from 2020 to 2025 per the U.S. Census
Bureau, and the average household income within a 5-mile radius of Boerne exceeds $156,600, reflecting a deep and affluent consumer base. Boerne
serves as the traditional gateway to Texas’ famed Hill Country, and the extraordinary pace of development along the Northwest San Antonio corridor has
effectively merged the two markets along the I-10 corridor, extending Boerne’s trade area reach while preserving its distinct Hill Country identity.
Chicken Salad Chick, Red Wing Shoes, and an Allergy clinic (lease out for signature). Other tenants in the center include Chicken Salad Chick, Red Wing
Shoes, McAlister’s Deli, Nothing Bundt Cakes, and Bad Ass Coffee, with Sprouts Farmers Market to serve as the center’s anchor (2027 estimated opening).
The property benefits from direct I-10 frontage and dedicated ingress and egress via Christus Parkway to the south and Norris Lane to the north, capturing
both local residential demand and commuter traffic between Boerne and San Antonio. Kendall County grew 20.3% from 2020 to 2025 per the U.S. Census
Bureau, and the average household income within a 5-mile radius of Boerne exceeds $156,600, reflecting a deep and affluent consumer base. Boerne
serves as the traditional gateway to Texas’ famed Hill Country, and the extraordinary pace of development along the Northwest San Antonio corridor has
effectively merged the two markets along the I-10 corridor, extending Boerne’s trade area reach while preserving its distinct Hill Country identity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
5,019 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$4,324,000
Price Per SF
$861.53
Cap Rate
5.65%
NOI
$244,300
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
18.90 AC
Zoning
C4 - Regional Commercial
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,400 SF
- Retail
- -
- Aug 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,400 SF | Retail | - | Aug 2026 |
1st Floor
| Size |
| 1,400 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Aug 2026 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42559 | Improvements Assessment | $1,020,990 |
| Land Assessment | $6,884,010 | Total Assessment | $7,905,000 |
Property Taxes
Parcel Number
42559
Land Assessment
$6,884,010
Improvements Assessment
$1,020,990
Total Assessment
$7,905,000
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