OWN vs. RENT | Industrial Condos For Sale | Smithson Valley Business Park

For Lease

36515 FM 3159, Spring Branch, TX 78132

OWN vs. RENT | Industrial Condos For Sale | Smithson Valley Business Park currently offers 7 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include flex - industrial. The minimum space size listed is 9,460 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at OWN vs. RENT | Industrial Condos For Sale | Smithson Valley Business Park.

Space Available For Lease 7

Contacts

Tom Hackleman

eXp Commercial

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 103,376 SF
  • Units 37
  • Lot Size 6.5 Acre
  • Parking Spaces Avail. 282
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated May 22, 2026
  • Electricity Service 3 Phase
  • Fire Sprinklers None
  • HVAC None
Highway Access: HWY 46: 58,628 vehicles per day (primary access) Minutes to HWY 281 (Bulverde employment corridor) Minutes to I-35 (New Braunfels) Minutes to I-10 (Boerne) Market Position: Positioned between three major San Antonio metro employment centers. Bulverde/Spring Branch corridor experiencing commercial and residential growth. Demographics (5-Mile Radius): Population: 13,310 residents Household Income: $44,284 average Growing market with San Antonio metro expansion northwardINDUSTRIAL CONDOS AVAILABLE FOR LEASE | Q3 2026 GROUNDBREAKING Smithson Valley Business Park offers 1,300-12,040 SF industrial/flex units in a supply-constrained corridor. First building leased-groundbreaking confirmed for Q3 2026. LEASE TERMS Rate: $12.50-$20/SF NNN (varies by unit size and tenant improvement structure) NNN: $2.50/SF (estimated CAM, taxes, insurance) Total Occupancy Cost: $15.00-$22.50/SF annually Term: 60-120 months Escalations: 3% annually Free Rent: Up to 60 days during build-out to occupancy 5+ year leases: Free rent incentive (terms vary by lease length) 10-year lease: Up to 6 months free rent (front-loaded) Delivery: Whitebox, build-to-suit, or turnkey (TI cost amortized into rate) Occupancy: Q4 2026 (7 months post-groundbreaking) HOW RATES WORK $12.50/SF NNN: Tenant provides own improvements (whitebox delivery) $20/SF NNN: Landlord provides build-to-suit improvements (cost amortized over lease term) SPECIFICATIONS 20' clear ceiling heights 14'×14' drive-through doors 3-phase power available, individually metered utilities Polished concrete floors, LED lighting, private restrooms 24/7/365 access, wide paved aisles 282 parking spaces (3.2 spaces per 1,000 SF—highest ratio in market) FLEXIBLE SIZING Minimum lease: 1,300 SF (no subdivision below this threshold) Combine adjacent units for larger requirements TARGET USES Industrial/flex applications: warehouse, light manufacturing, distribution, contractor operations, equipment storage, office/warehouse combinations. No water-intensive processes. LOCATION ADVANTAGE FM 3159 at FM 311, Spring Branch. HWY 46 access (58,628 VPD). Minutes to HWY 281 (Bulverde corridor), I-35 (New Braunfels), I-10 (Boerne). MARKET CONTEXT Limited competing new industrial inventory in Bulverde/Spring Branch corridor. Closest alternative: 1900 Business Park (different location/pricing). Supply-constrained market supports strong lease rates and low vacancy. DEVELOPER Field Construction. Q2 2026 groundbreaking confirmed. 7-month delivery timeline.
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Highlights

  • $225/SF purchase | $12.50-$20/SF NNN lease (3% annual escalations)
  • 20' ceilings, 14×14 drive-through doors, 3-phase power, individual metering
  • 282 parking spaces (3.2 per 1,000 SF) | HWY 46 access (58,628 VPD)
  • 6 buildings remaining: 1,300–12,040 SF units available
  • Field Construction, 7-month delivery from commitment
  • First building leased—Q3 2026 groundbreaking
  • Industrial condo ownership—build equity, control costs, tax advantages ($65K estimated first-year deduction)
  • Supply-constrained Bulverde corridor—no comparable industrial condo sales
  • Whitebox, build-to-suit, or turnkey options | Free rent incentives for 5+ year leases

Attachments

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Location

  • City Spring Branch, TX
  • Zip Code 78132
  • Market San Antonio

Points of Interest

  • Exxon

    4.58 miles

  • Walmart

    4.89 miles

  • Shell

    4.91 miles

  • QuikTrip

    5.00 miles

  • H-E-B Fuel

    5.52 miles

  • Valero

    6.17 miles

  • Chevron

    7.47 miles

  • H-E-B Car Wash

    5.52 miles

  • Gennaro's Trattoria

    4.42 miles

  • DQ Grill & Chill

    4.55 miles

  • Startz Cafe

    4.59 miles

  • Club Restaurant

    4.60 miles

  • Max's Roadhouse

    4.82 miles

  • Taco Bell

    4.84 miles

  • Ay Chiwawa

    4.87 miles

  • Burger King

    4.87 miles

  • Wingstop

    4.91 miles

  • Little Caesars

    4.96 miles

36515 FM 3159 Listing Brief

  • The rental rate for available space here starts at $$12.00/SF/YR. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 2026, the property at 36515 FM 3159 incorporates 103,376 square feet. It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 9,460 to 12,040 square feet.

  • You will find the property offers 282 parking spaces for tenants, visitors, and those conducting operations here. The parking lot is 3.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

Contact Listing Broker
Tom Hackleman

eXp Commercial

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