Smithson Valley Business Park | Industrial Condos For Sale/Lease
36515 FM 3159
Spring Branch, TX 78132
Highlights
Description
OWNERSHIP OPPORTUNITY – INDUSTRIAL CONDOS | Q2 2026 GROUNDBREAKING
Smithson Valley Business Park offers 103,376 SF across seven buildings (1,300-12,040 SF units) in a supply-constrained industrial market. Structured as a condominium regime—buy your space, build equity, control your real estate costs.
DELIVERY & TIMELINE
Groundbreaking: Q2 2026 (prospects in advanced negotiation)
Delivery: 7 months from commitment
Developer: Field Construction (proven local track record)
PRODUCT SPECIFICATIONS
20' clear heights with 14'x14' drive-through doors
3-phase power to all buildings
Individual metering (electric, water)
Polished concrete floors, LED lighting
282 parking spaces across 6.5-acre campus
FOR SALE OR LEASE
Sale: $225/SF (call for building-specific pricing)
Lease: $12.50-$20/SF NNN (rate varies by unit size and tenant improvements)
Lease terms: 60-120 months
Whitebox, build-to-suit, or turnkey delivery available
TARGET USERS
Industrial/flex applications including warehouse, light manufacturing, distribution, contractor operations, equipment storage, and owner-user office/warehouse combinations. Not suitable for water-intensive processes.
WHY THIS MATTERS
Limited new industrial product in the Bulverde/Spring Branch corridor. Own your space instead of paying rent, or lock long-term lease rates below market escalation.
INDUSTRIAL CONDOS AVAILABLE FOR LEASE | Q2 2026 DELIVERY
Smithson Valley Business Park offers 1,300-12,040 SF industrial/flex units in a supply-constrained corridor. Lease while ownership construction completes—lock long-term rates in a limited-supply market.
LEASE TERMS
Rate: $12.50-$20/SF NNN (varies by unit size and TI amortization)
Term: 60-120 months
Delivery: Whitebox, build-to-suit, or turnkey (TI cost amortized into rate)
Occupancy: Q4 2026 (7 months post-groundbreaking, Q2 2026)
NNN estimated: TBD
SPECIFICATIONS
20' clear ceiling heights
14'x14' drive-through doors
3-phase power available, individually metered utilities
Polished concrete floors, LED lighting, private restrooms
24/7/365 access, wide paved aisles, ample parking (282 spaces)
FLEXIBLE SIZING
Combine adjacent units for larger requirements. Minimum lease: 1,300 SF
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, 0.75 miles north of Highway 46. Access to Highway 281 (4.3 miles), I-35/New Braunfels (13.8 miles), I-10/Boerne corridor. Bulverde market with limited competing new industrial product.
PROJECT STATUS
Developer: Field Construction. Multiple prospects in advanced negotiations. Q2 2026 groundbreaking target.
BULVERDE CORRIDOR | SAN ANTONIO METRO GROWTH PATH
Located on FM 3159 at FM 311, 0.75 miles north of Highway 46—the emerging outer loop connecting I-35 (New Braunfels), Highway 281 (Bulverde), and I-10 (Boerne).
ACCESS
4.3 miles east to Highway 281
13.8 miles west to Loop 337/I-35 (New Braunfels)
Highway 46 corridor experiencing commercial/industrial growth as San Antonio metro expands north
MARKET POSITION
Supply-constrained submarket with limited new industrial inventory. This project addresses lack of modern, smaller-bay industrial/flex product in the Bulverde trade area.
Documents
Lease Flyer (L)Smithson Valley Specifications 20230821.pdf
Units for Lease
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00
Price Per Sqft/Year: $12.00 - $20.00

