Description

Boerne Town Center – Building 3 is a 5,019 SF retail property for sale at 34674 Interstate Hwy 10 W in Boerne, TX. Fully occupied and positioned along Interstate 10, it pairs an established tenant roster with direct highway exposure.

The building sits on 1.16 acres and is leased to Chipotle, Playa Bowls, and Club Pilates. That mix brings restaurant, beverage, and fitness uses together under one roof, giving an investor distinct sources of rent rather than reliance on a single occupant. The property’s Absolute Net lease type and 100% occupancy define its current investment position. Within Boerne Town Center, Sprouts Farmers Market is planned as the center’s anchor, with an estimated 2027 opening.

In the Boerne submarket, the property fronts Interstate 10 and has ingress and egress via Christus Parkway to the south and Norris Lane to the north. Those connections put the building in view of both local trips and traffic between Boerne and San Antonio; the traffic count is 49,633 AADT. Downtown San Antonio is approximately 31 miles away. The highway frontage and center access give the retail tenants ways to reach customers already traveling through the area.

The asking price is $4,324,000, or $861.53 PSF, with a 5.65% cap rate and $244,300 in-place NOI. For a buyer seeking occupied retail, the appeal is the combination of current income, a three-tenant roster, and frontage on a heavily traveled route. The 17.70 gross rent multiplier offers another measure of the asking price against the property’s rent. Review the Offering Memorandum for the full investment opportunity.