Description
Boerne Town Center - Building 2 is a 5,847 SF retail building for sale at 34702 Interstate Hwy 10 W in Boerne, TX. Its Interstate 10 frontage and 49,633 AADT traffic count put visibility at the center of the investment story.
Chicken Salad Chick and Red Wing Shoes occupy the building, which is 76% occupied with 1,400 SF on offer. The tenant mix pairs a restaurant with a footwear retailer rather than relying on a single retail format. The property sits on 1.16 acres within Boerne Town Center, where Chipotle, McAlister’s Deli and Club Pilates also operate. Sprouts Farmers Market is planned as the center’s anchor, with an estimated 2027 opening.
Within the Boerne submarket of the San Antonio MSA, the property fronts Interstate 10 at Christus Parkway. Dedicated ingress and egress via Christus Parkway and Norris Lane give customers routes into and out of the center, while the interstate frontage serves visibility to passing traffic. Downtown San Antonio is approximately 31 miles southeast. For a retail investor, the location connects the building’s tenants to both Boerne shoppers and traffic moving between Boerne and San Antonio.
The asking price is $3,760,000, or $643.06 PSF, with $214,322 in in-place NOI and a 5.70% in-place cap rate. Those figures establish the current income position; the 1,400 SF on offer gives a buyer a separate leasing priority. The leases are structured as Absolute Net, aligning the acquisition with a defined retail income stream while leaving room to address the unoccupied space. Review the Offering Memorandum for the investment opportunity.
Offering Summary
- Asking Price$3,760,000
- Price PSF$643.06
- Price/Acre$3,243,313.20
- Property TypeRetail
- Size5,847 SF
- Available1,400 SF
- Occupancy76%
- Properties1
- Total Acres~1.16 ac
Sale Details
- Cap Rate5.70%
- NOI$214,322
- In-Place Cap Rate5.70%
- In-Place NOI$214,322
- In-Place Rents214,322
Documents
Property Address
Property Details
- Property Type
Retail - Occupancy
76% - Operating Expenses ($/SF/yr)
9.13 $/SF/yr - Lease Type
Absolute Net - Gross Leasable Area
5,847 SF - Available GLA
1,400 SF - Traffic Count
49,633 AADT - Acres
1.16
Deal Team



