Commercial Real Estate in North Central – Offices, Warehouses, and Retail for Lease

Discover premium commercial properties across North Central’s top neighborhoods. Flexible lease terms, investment-ready buildings, and expert local support.

Explore Commercial Real Estate Opportunities Across North Central San Antonio

Discover prime office, retail, and mixed-use spaces in North Central San Antonio. Strategic locations along major corridors offer high visibility, strong traffic counts, and access to key amenities. Ideal for investors, developers, and tenants seeking growth in a thriving business environment.

Submarket Intelligence

North Central San Antonio features stable occupancy, competitive rental rates, and diverse property types. Strong retail hubs, corporate offices, and light industrial spaces create a balanced market. Recent developments and ongoing infrastructure improvements continue to enhance investment potential and tenant demand.

Sub-Submarket Summaries

  • Stone Oak / Dominion – Upscale residential adjacency, corporate offices, premium retail.
  • Wurzbach / Bandera Corridor – Growing commercial nodes, convenient access, strong traffic.
  • North Loop / NW Military – Light industrial and flex spaces, value-oriented investment opportunities.
  • Oak Hills / UTSA Area – Mixed-use potential, student and workforce-driven demand.

North Central Commercial Real Estate

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Industrial Warehouses for Lease in North Central San Antonio

North Central San Antonio features modern industrial and flex warehouses with easy highway access and ample loading docks. Facilities support storage, distribution, and light manufacturing. Flexible lease terms, strategic locations near Loop 1604 and major corridors, and high-quality infrastructure make these properties ideal for growing businesses and logistics operations.

Prime Retail Storefront Locations in North Central

Retail storefronts are available in high-traffic corridors such as Stone Oak, The Dominion, and NW Military Drive. Leading developers and property managers offer spaces with maximum visibility, strong foot traffic, and modern amenities. These locations attract retail, dining, and service tenants seeking premium exposure in a thriving submarket.

Mixed-Use Commercial Buildings: Buy or Lease Options

North Central San Antonio provides mixed-use buildings combining office, retail, and residential components. Investors and tenants can buy or lease properties designed for flexibility and long-term value. High-demand neighborhoods ensure strong occupancy, while modern designs and strategic positioning create opportunities for steady income and appreciation.

Current Office Space Availability in North Central Submarkets

Office space spans Stone Oak, The Dominion, Wurzbach/Bandera Corridor, and North Loop/NW Military Drive. Grade-A and Grade-B buildings offer modern amenities, coworking options, and strong connectivity. Vacancy remains moderate, with demand fueled by corporate tenants, professional services, and tech firms seeking high-quality, strategically located office space.

Asset Type Filters

Type Description Availability
Office Space Modern office buildings, coworking spaces, and corporate parks along Stone Oak, The Dominion, and Loop 1604. Features include high-speed internet, parking, and conference facilities for professional tenants. Moderate vacancy; spaces available across key submarkets.
Retail Properties High-visibility storefronts in premium retail corridors with strong foot traffic, ideal for dining, service, or boutique retail. Strategic locations near residential and commercial hubs maximize customer exposure. Select units available; ongoing demand from retail tenants.
Industrial / Warehouse Flex and warehouse spaces for storage, distribution, and light manufacturing. Includes loading docks, high ceilings, and highway access. Ideal for logistics and growing businesses seeking scalable operations. Available in NW Military, North Loop, and surrounding corridors.

Submarket Trends, Reports & Investment Insights 

  • Average Lease Pricing: Office $20–$30/SF, Retail $25–$35/SF, Industrial $7–$10/SF.
  • Performance Data: High demand for industrial and logistics; stable office absorption in Stone Oak and Dominion; retail growth concentrated along NW Military and Loop 1604 corridors.
  • Leasing vs. Buying Tips: Leasing provides SMBs flexibility and lower upfront costs; buying suits investors targeting long-term appreciation and stable income, especially in mixed-use and industrial properties.
  • Cap Rates & NOI: Cap rates range 5.5–7.5%; NOI growth strongest in industrial and mixed-use assets; office yields steady returns, retail shows selective upside in high-traffic nodes.

Commercial Real Estate North Central FAQ

+ What is the current demand for office space in North Central San Antonio?

Demand is steady, driven by professional services, tech, and medical tenants. Stone Oak and Dominion areas see strong absorption, while coworking and flexible office spaces remain popular. Vacancy rates are moderate, offering opportunities for both small and large tenants seeking modern, well-located office environments.

+ Is now a good time to invest in commercial real estate in North Central San Antonio?

Yes. North Central offers stable rental income, moderate cap rates, and growing demand across office, retail, and industrial assets. Infrastructure improvements and traffic corridors enhance long-term value. Investors benefit from a balanced submarket, making it an attractive opportunity for both income-oriented and value-add commercial strategies.

+ How do I compare lease rates between submarkets?

Compare lease rates by evaluating $/SF pricing, property class, location, amenities, and tenant demand. Adjust for occupancy trends, traffic counts, and infrastructure access. North Central offers competitive rates relative to other San Antonio submarkets, with premium corridors commanding higher pricing and emerging nodes providing attractive value for new tenants.

+ Can I lease a warehouse with dock-high loading?

Yes. North Central offers industrial warehouses with dock-high and grade-level loading. Facilities support storage, distribution, and light manufacturing. Modern warehouses feature high ceilings, ample parking, and highway access. Flexible lease terms are available, ideal for logistics, e-commerce, and manufacturing businesses seeking scalable, strategically located industrial space.

+ What are common lease terms for retail properties in North Central?

Retail leases typically range from three to ten years, with options for renewal. Tenants may negotiate rent escalations, tenant improvement allowances, and common area maintenance responsibilities. High-traffic locations like Stone Oak or NW Military Drive may require longer commitments, ensuring stability for landlords and visibility for retail tenants.

+ What’s the difference between NNN and full-service leases?

NNN leases pass property taxes, insurance, and maintenance costs to tenants, reducing landlord responsibility. Full-service leases bundle rent and operating expenses, simplifying budgeting for tenants. North Central landlords offer both options, with NNN common in industrial and retail, while full-service is popular for office tenants seeking predictable monthly expenses.

+ How long does it take to close on a CRE investment deal in North Central?

Closing typically ranges 45–90 days, depending on property type, financing, and due diligence. Industrial and retail transactions may close faster, while office or mixed-use properties can require longer. Efficient processes, pre-approved financing, and thorough market research help shorten timelines, ensuring smooth acquisition in this competitive submarket.

+ Can I lease office space without a personal guarantee?

Yes, but it depends on tenant credit, lease size, and property type. Landlords may waive personal guarantees for established businesses with strong financials or offer alternative security measures. North Central’s professional office buildings often provide flexible arrangements for qualified tenants seeking corporate leasing without personal liability.

+ What are typical tenant improvement allowances?

Tenant improvement allowances in North Central range from $20–$50/SF, depending on lease length, property class, and negotiation. Office and retail tenants often receive customized space improvements, including finishes, partitions, and technology upgrades. Industrial tenants may get minimal TI, with landlords prioritizing shell improvements for flexible tenant build-outs.

+ Is CRE a good hedge against inflation in 2025?

Yes. Commercial real estate in North Central provides income stability, appreciation potential, and long-term leases with rent escalations. Industrial and mixed-use properties are particularly resilient. CRE historically outperforms inflation by preserving purchasing power, generating predictable cash flow, and offering strategic diversification within a balanced investment portfolio.

+ How much does it cost to lease commercial real estate in North Central San Antonio?

Lease rates vary by asset type and location. Office space typically ranges $20–$30/SF, retail $25–$35/SF, and industrial $7–$10/SF. Rates depend on building class, visibility, amenities, and lease length. Premium corridors like Stone Oak and The Dominion command higher pricing, while emerging areas offer competitive opportunities for tenants.

+ Can I buy small commercial property for investment in North Central San Antonio?

Yes. Small office, retail, or mixed-use properties are available for purchase. These investments offer long-term appreciation and rental income. Target neighborhoods include Stone Oak, Wurzbach Corridor, and North Loop. Financing options and due diligence are essential, and buyers benefit from stable occupancy trends and growing demand in the submarket.

+ What is the average cap rate for CRE investments in North Central San Antonio?

Cap rates typically range 5.5–7.5% depending on property type, location, and condition. Industrial and mixed-use properties yield higher NOI growth, while office assets offer steady returns. Retail cap rates vary with foot traffic and tenant mix. North Central remains attractive due to balanced demand, strong infrastructure, and growth potential.

+ Are there flexible lease terms or sublease options for offices in North Central?

Yes. Office landlords offer flexible lease terms ranging from short-term agreements to multi-year contracts. Sublease options are available for tenants seeking temporary space or cost savings. Stone Oak, Dominion, and Loop 1604 submarkets provide modern coworking and traditional office spaces that accommodate diverse tenant needs and expansion strategies.

+ How do I schedule a tour or get a quote for CRE in North Central?

Contact property managers or leasing agents directly through Boxer Property’s website or phone. Provide asset type, size, and desired location. Tours are typically scheduled within 24–72 hours, and quotes include lease rates, TI allowances, and terms. Pre-qualified tenants and investors receive personalized guidance for decision-making.

+ What type of commercial space is best for startups in North Central San Antonio?

Startups benefit from coworking offices, small suites, and flexible lease spaces in Stone Oak, Dominion, or Loop 1604 corridors. These spaces offer modern amenities, scalable layouts, and lower upfront costs. Flexible leases and shared facilities allow startups to grow efficiently while maintaining a professional presence in prime submarket locations.

+ Where should law firms lease office space in North Central San Antonio?

Law firms typically lease in Stone Oak or Dominion, offering prestige, client accessibility, and professional environments. Mid- to high-rise office buildings with conference rooms, private offices, and ample parking provide convenience for clients and staff. Proximity to courts and business hubs enhances operational efficiency and client engagement.

+ Are there build-to-suit properties available for franchises in North Central?

Yes. North Central San Antonio offers build-to-suit opportunities for retail, restaurant, and service franchises. Locations along NW Military Drive, Loop 1604, and Stone Oak provide high traffic visibility. Landlords collaborate with tenants to customize layouts, signage, and finishes, ensuring brand standards and optimal customer experience for franchise operations.

+ Do you offer real estate solutions for remote teams or hybrid offices?

Yes. Flexible office spaces, coworking suites, and short-term leases accommodate remote and hybrid teams. North Central locations provide modern amenities, shared conference rooms, and scalable layouts. These solutions allow companies to maintain professional operations, optimize cost, and support team collaboration while adapting to evolving workplace models.

Talk to a Commercial Broker Specializing in North Central San Antonio

Partner with Boxer Property’s expert brokers to explore office, retail, industrial, and mixed-use opportunities. Receive tailored guidance on leasing, buying, or investing. Leverage our local market knowledge, submarket insights, and personalized support to make informed decisions and secure the best commercial real estate solutions in North Central San Antonio.

Explore the Types of Commercial Real Estate in North Central San Antonio

North Central San Antonio offers a mix of office buildings, retail centers, industrial spaces, and mixed-use developments. Properties feature modern design, high visibility, and excellent connectivity. Investors and tenants benefit from flexible lease options, strong occupancy rates, and opportunities in emerging commercial corridors across this thriving submarket.

Office Space for Lease in North Central Business Districts

Prime office spaces are available in North Central’s key business districts, including the Dominion, Stone Oak, and Loop 1604 corridors. Buildings range from corporate office parks to coworking spaces, offering modern amenities, competitive leasing rates, and proximity to major highways, retail, and residential areas.

Commercial Properties Available for Rent in North Central

North Central San Antonio hosts retail, office, and light industrial properties for rent. Locations along major corridors provide strong traffic counts, visibility, and convenient access to surrounding neighborhoods. Flexible lease terms and growing demand make this submarket ideal for investors and tenants seeking high-traffic commercial opportunities.

Top Neighborhoods for Commercial Investment

Leading neighborhoods include Stone Oak, The Dominion, Wurzbach / Bandera Corridor, and North Loop / NW Military Drive. These areas combine strong infrastructure, traffic exposure, and proximity to residential communities. Investors benefit from consistent occupancy, diverse property types, and potential for long-term appreciation.

Comparing North Central San Antonio to Nearby Cities

North Central San Antonio offers competitive rental rates, lower operating costs, and strong tenant demand compared to Austin or Houston. The submarket combines stable occupancy, strategic locations, and emerging commercial corridors. Investors enjoy a balanced mix of office, retail, and industrial opportunities with long-term growth potential.