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Self-Storage Facility

Iron Creek Storage

8724 FM1417, Denison, TX 75020

Listing Price: $7,500,000

Cap Rate
1.68%
Number of Units
550
Occupancy
48.0%
Rentable SF
86,295
Price/Rentable SF
$86.91
Year Built
2023

Investment Overview

Marcus & Millichap is pleased to offer for sale Iron Creek Self Storage located in Denison, Texas. This property features 145 climate-controlled units, 311 non-climate units, and 95 parking spaces totaling 86,295 net rentable square feet. This facility benefits from an affluent and growing surrounding population. Iron Creek Self Storage sits on 10 acres of land and is located about sixty miles north of Dallas, Texas.

Investment Highlights

  • Denison, Texas Self-Storage Offering
  • 86,295 Net Rentable Square Feet
  • 145 Climate-Controlled Units | 311 Non-Climate-Controlled Units | 95 Parking Spaces
  • Quick Lease-Up Since Opening May 2023
  • Currently No Manager Operating at Facility

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Self-Storage Facility

Iron Creek Storage

Listing Price: $7,500,000

Cap Rate
1.68%
Number of Units
550
Occupancy
48.0%
Rentable SF
86,295
Price/Rentable SF
$86.91
Year Built
2023

Investment Highlights

  • Denison, Texas Self-Storage Offering
  • 86,295 Net Rentable Square Feet
  • 145 Climate-Controlled Units | 311 Non-Climate-Controlled Units | 95 Parking Spaces
  • Quick Lease-Up Since Opening May 2023
  • Currently No Manager Operating at Facility

Investment Overview

Marcus & Millichap is pleased to offer for sale Iron Creek Self Storage located in Denison, Texas. This property features 145 climate-controlled units, 311 non-climate units, and 95 parking spaces totaling 86,295 net rentable square feet. This facility benefits from an affluent and growing surrounding population. Iron Creek Self Storage sits on 10 acres of land and is located about sixty miles north of Dallas, Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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