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116 Kestrel Dr $19/SF/Yr

Floor

Bldg

Size

10,170 SF

Type

SPECIALTY

Availability

AVAILABLE, Now

Sublease

No

Situated 20 minutes due north of San Antonio, Bulverde is an affluent bedroom community located... at the major commercial crossroads of US Hwy 281 & Hwy 46 at the edge of the Texas Hill Country Property values are strong and residents enjoy a median household income substantially greater than nearby cities Highway 46 is quickly becoming San Antonio’s “outer loop” for commuter traffic connecting Seguin, New Braunfels, Bulverde, Bergheim, Boerne and Bandera; construction is already underway to widen Hwy 46 to six lanes at the intersection of US Hwy 281 and SH 46 US 281 Highway improvements are nearing completion which has already relieved congestion between Loop 1604 & the Bexar/Comal County line 40,488 annual average daily cars travel along US 281 just north of Hwy 46; 27,230 pass Singing Hills on the Hwy 46 side Over the past decade, urban sprawl has pushed steadily northward from San Antonio along the US 281 corridor developing once rural ranch land into well-planned residential communities like Johnson Ranch, The Preserve at Singing Hills, Ventana, Hidden Trails and others. The area enjoys a strong demographic profile and the retail trade area encompasses a population of more than 99,000 Daytime population within a 10-mile radius of Singing Hills tops 82,263 Population is deceptively strong; even though figures are relatively low for the narrowly defined boundaries of the city limits, the trade area actually draws from a much broader market area Following the residential growth of the area, commercial development is bringing new retailers and services along with quick and full-service restaurants to the under-served area A $1.3 billion trade gap estimated for the retail trade area indicates strong potential sales revenues was performed in 2017 Retail sales have shown a steady upward trend as evidenced by reported sales tax reports from the Texas Comptroller Singing Hills is anchored by Walmart Supercenter (180,000 sf), and includes inline retail space, quick-service and sit-down restaurants, a hotel, a skilled nursing facility, an early learning center, a medical professional office building, 288 multi-family units and 331 single-family homes

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Listing Agency: REOC San Antonio Show Phone

Listed By: Andrew J. Lyles · License #720555 Show Phone

Source: Moodyscre

Added: Oct 14, 2025 Changed: Sep 13 Last Checked: Sep 13 at 10:47AM

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Investment Insights

Based on property information with market context.

Medical office space offering approximately 10,170 square feet, positioned for outpatient and professional services in the Texas Hill Country edge of the San Antonio metro.

The surrounding corridor is centered on the major commercial crossroads of US Highway 281 and Highway 46, described as the commuter connection linking Seguin, New Braunfels, Bulverde, Bergheim, Boerne, and Bandera. Construction is underway to widen Highway 46 to six lanes at the intersection with US 281, and US 281 highway improvements are nearing completion to help relieve congestion in the area.

Traffic levels in the trade area are supported by stated annual average daily car counts of 40,488 just north of Highway 46 on US 281, with 27,230 passing Singing Hills on the Highway 46 side. The retail trade area is described as serving more than 99,000 residents, with daytime population within a 10-mile radius of Singing Hills topping 82,263. Singing Hills is anchored by a Walmart Supercenter (180,000 SF) and includes supporting retail, restaurants, a hotel, and healthcare uses such as a skilled nursing facility.

Key Highlights

• Approximately 10,170 square feet medical office space
• US 281 and Highway 46 major commercial crossroads
• Highway 46 widening underway to six lanes at US 281 intersection

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Electrical Service Building Supply Storage Facility Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.85 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

153

Businesses Nearby

Explore this area Business Placement

Demographics for 78070, TX

20,618

Population

8,034

Households

2.6

Avg Household Size

47

Median Age

41%

College-Educated

95%

High-School Grad

133.3 sq mi

ZIP Area

155

Density / Sq Mi

$115,076

Median Household Income

$53,255

Median Earnings

$1,274

Median Rent

$469,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Specialty property - Medical office space sized for professional use within a fast-growing Hill Country bedroom community.

Where is this specialty property located?

The property is located at 115 Kestrel Dr Spring Branch, TX.

What is the lease rate?

The lease rate is $19 SF/Yr.

What are key features of this property?

This property features: Approximately 10,170 square feet medical office space; US 281 and Highway 46 major commercial crossroads; Highway 46 widening underway to six lanes at US 281 intersection