Answer · San Antonio & Hill Country commercial real estate
How is the New Braunfels commercial real estate market doing?
Retail is tight and growing: Comal County retail vacancy was 2.6% in Q2 2026 at $28.16/SF NNN asking, and the county's population grew 27.8% from 2020 to 2025.
Q2 2026 data · Reviewed by Zachary A. Stovall, TREC #691174 · Last updated November 5, 2026
The details
- Comal County retail Q2 2026: 2.6% vacancy, +13,396 SF absorbed, 62,700 SF under construction, $28.16/SF NNN (Partners).
- Comal County industrial: 11.3% vacancy, +239,313 SF absorbed, $12.14/SF asking (Partners); 10.0% vacancy, +82,543 SF absorbed (Cushman & Wakefield).
- Population: 163,608 (2020) to 209,166 (2025), +27.8% (Community Impact).
- Notable leases: Crunch Fitness, 42,763 SF at New Braunfels Marketplace. Cushman & Wakefield's largest Comal industrial deal was a new 173,447 SF lease at 2633 Goodwin Ln, Bldg A.
- Projects: The Neue, $27M and 72,000 SF of condos with ground-floor commercial downtown (broke ground Sep 29 2026, completion expected Nov 2027); Latitude, 65,000 SF of for-sale office/warehouse bays at 710 N. Walnut Ave (groundbreaking expected Q2 2027); Corridor Commercial Center Phase 2, 35,000 SF of flex/retail in spaces of 1,800 to 11,900 SF.
Sources
- Partners Real Estate, San Antonio Retail Q2 2026
- Partners Real Estate, San Antonio Industrial Q2 2026
- Cushman & Wakefield, MarketBeat San Antonio Industrial Q2 2026
- Community Impact: Comal County population (Apr 8 2026), The Neue (Sep 30 2026), GBMC Communities (Sep 15 2026), Corridor Commercial Center (Jul 29 2026)