Far West

San Antonio Far West / 1604 (covering the Loop 1604 corridor northwest of I-10, extending toward Helotes, Boerne, and Bandera) is the newest growth submarket of San Antonio commercial real estate. Driven by residential expansion in the Hill Country corridor and improved Loop 1604 connectivity, Far West has emerged as a meaningful submarket for retail, flex, and selected industrial development since 2018.

For retail tenants, Far West offers strong demographics and emerging traffic counts at meaningful rent discounts to Northwest. Class A power center and grocery-anchored retail along Loop 1604 has performed well; new development is keeping pace with residential growth.

Flex industrial activity in Far West is growing, supporting service businesses, contractors, and distribution operations preferring lower basis and Hill Country geography. Office activity remains modest but is following residential expansion.

Land for development in Far West is meaningfully more available than Northwest. For developers and owner-users, Far West offers viable build-to-suit and ground-up development opportunities at attractive land basis. The submarket's long-term growth thesis depends on continued residential expansion north and west.