Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9091 Fair Oaks Pkwy Boerne, TX 78015

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Boerne retail space available

    Lot size:
    30,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    411
    This exceptional Boerne, Texas retail property, located at 9091 Fair Oaks Pkwy, 78015, offers 3 buildings totaling 30,250 square feet. The property boasts a highly visible location at the intersection of IH-10 and Fair Oaks Parkway, experiencing high traffic volume of 69,073 cars daily. Currently housing a diverse mix of tenants including Anytime Fitness, Papa John's, Capparelli's, and Pooches Day Spa, this Class B center presents multiple spaces for lease, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 2,000 square feet. A total of 2,000 square feet is currently vacant. The property sits on a 150,282 square foot lot and includes 120 parking spaces. The single-story buildings are zoned C-3 in Bexar County. This is an excellent opportunity for businesses seeking high visibility and strong foot traffic in a thriving community. The property offers a panoramic view and drone footage is available online. Contact us today to learn more about leasing opportunities.

    Property Features for 9091 Fair Oaks Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,250 SF
    Class
    B
    Total Rate
    70583.33

    Building Details

    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 104
    Size
    2,000 SF
    Rate per SF
    $28
    Space
    Suite 206
    Size
    1,500 SF
    Rate per SF
    $28
    Space
    Suite 307
    Size
    1,800 SF
    Rate per SF
    $28

    We can help!

    Listing Contact
    Alex Yount, CCIM
    Alex Yount, CCIM

    Learn more

    Property Insight Report

    HighLights

    • Ample parking with a 4.3 spaces per 1,000 square feet ratio.
    • High‑visibility location at the I‑10 and Fair Oaks Parkway intersection.
    • Suite 104/105 offers tenant improvement (TI) allowances and is currently a shell space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boerne
    County
    Bexar
    State
    Texas
    Longitude
    -98.664383
    Latitude
    29.72049755

    Nearby Similar for Lease

    • $20 SF/Yr
      1,325 SF

      Boerne Flex Space: 1325 SF Warehouse

      Versatile Boerne warehouse, ideal for various uses.
      529 Tx-46, Boerne, TX 78006
      View Details
    • $15 SF/Yr
      60,000 SF

      Boerne Warehouse Space Available

      New Industrial Park, Flexible Units
      38 Rust Ln, Boerne, TX 78006
      View Details
    • $25 SF/Yr
      54,000 SF

      SOBO Medical Building: Boerne, TX

      Prime Medical Office Space Available
      112 Herff Rd, Boerne, TX 78006
      View Details
    • Contact for pricing
      45,076 SF

      Boerne Town Center Retail Space

      Prime Retail Space, Boerne's Premier Development
      IH-10 W & Christus Pkwy, Boerne, TX 78006
      View Details
    • Contact for pricing
      3,448 SF

      Boerne Executive Office Space

      Prime Main Street location, 8 suites.
      908 Main St, Boerne, TX 78006
      View Details
    • $34 SF/Yr
      20,210 SF

      Class A Medical Office Space

      Multi-tenant medical office building near affluent communities in Northwest San Antonio.
      27632 Frontage Rd, Boerne, TX
      View Details
    • Contact for pricing
      5,474 SF

      Upscale Mixed-Use Development For Lease

      Two-story mixed-use development with retail, office, and restaurant spaces.
      & Ih-10 Starr Rnch Rd, Boerne, TX
      View Details
    • $24 SF/Yr
      21,233 SF

      Boerne Office Space for Lease

      Prime Boerne location, move-in ready suites.
      1201 Main St, Boerne, TX 78006
      View Details
    • $24 SF/Yr
      1,160 SF

      Boerne Medical Office Space for Lease

      Prime Boerne location, 1160 sq ft, triple net lease.
      34910 Interstate 10 W, Boerne, TX 78006, Boerne, TX 78006
      View Details
    • $34 SF/Yr
      58,922 SF

      Fair Oaks Medical Center: Boerne, TX

      Class A Medical Office Space Available
      0 Tbd Boerne, Boerne, TX 78006
      View Details
    • Contact for pricing
      6,323 SF

      Boerne Executive Office Suites

      Modern Office Space, 5 Suites Available
      614 Frey St, Boerne, TX 78006
      View Details
    • Contact for pricing
      1,752 SF

      Mixed-Use Development Near I-10

      118-acre mixed-use development with retail, residential, and office spaces.
      Old Fredericksburg Rd & Dietz Elkhorn Rd, Boerne, TX
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Boerne retail space available
    Where is this retail property located?
    The property is located at 9091 Fair Oaks Pkwy Boerne, TX.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Ample parking with a 4.3 spaces per 1,000 square feet ratio.; High-visibility location at the I-10 and Fair Oaks Parkway intersection.; Suite 104/105 offers tenant improvement (TI) allowances and is currently a shell space.
    Request Owner's contact information
    9091 Fair Oaks Pkwy Boerne, TX 78015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9091 Fair Oaks Pkwy
    Boerne, TX 78015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9091 Fair Oaks Pkwy Boerne, TX 78015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alex Yount, CCIM
    Alex Yount, CCIM
    Real Estate License ID: 0308749
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.