Self-Storage Facility
ACI Shops & Storage
1650 S Meadows Dr, Granbury, TX 76048
Listing Price: $13,150,000
Investment Overview
ACI Shops & Storage is a 135,075 rentable-square foot storage facility resting on two (adjacent) parcels encompassing approximately 8.46-acres in Granbury, Texas. The property was constructed in phases between 2002 and 2020. Now fully built out, it contains 113 climate-controlled units, 557 non-climate drive up units, 21 “shops”, and five office spaces. Property amenities include a professional leasing office and showroom, wide paved driveways, personalized key-pad gated entry, 24-hour video surveillance cameras, and perimeter fencing and lighting.
ACI Shops & Storage has experienced higher than average physical and economic occupancies throughout its history, and each expansion phase has experienced an extremely short lease-up period. This is due in part to its attractive visibility and accessibility along Texas State Highway 144, upon which 23,000 vehicles travel each day. Additionally, the submarket in which ACI operates boasts an average household income of approximately $100,000, suggesting a new operator should be able to incrementally increase rental rates throughout the hold period.
Located just 45 minutes southwest of Fort Worth, Granbury has historically enjoyed a reputation as a lake and retirement community first and foremost. Over the past decade, however, the city and its local economy have evolved into a thriving suburb of the Dallas / Fort Worth MSA – the population has boomed, and the average age has declined, making Granbury an ideal living place for young people and their families. Please reference page 8 to see a glimpse of the countless commercial and residential developments underway nearby.
Investment Highlights
- "Mom & Pop" Owned and Operated by Original Developer
- Excellent Visibility and Accessibility off Texas State Highway 144
- Attractive Demographics – Average Household Income Approximately $100,000
- Diverse Unit Mix with Climate, Non-Climate, Warehouse, and Office Units
Listing Price: $13,150,000
Investment Highlights
- "Mom & Pop" Owned and Operated by Original Developer
- Excellent Visibility and Accessibility off Texas State Highway 144
- Attractive Demographics – Average Household Income Approximately $100,000
- Diverse Unit Mix with Climate, Non-Climate, Warehouse, and Office Units
Investment Overview
ACI Shops & Storage is a 135,075 rentable-square foot storage facility resting on two (adjacent) parcels encompassing approximately 8.46-acres in Granbury, Texas. The property was constructed in phases between 2002 and 2020. Now fully built out, it contains 113 climate-controlled units, 557 non-climate drive up units, 21 “shops”, and five office spaces. Property amenities include a professional leasing office and showroom, wide paved driveways, personalized key-pad gated entry, 24-hour video surveillance cameras, and perimeter fencing and lighting. ACI Shops & Storage has experienced higher than average physical and economic occupancies throughout its history, and each expansion phase has experienced an extremely short lease-up period. This is due in part to its attractive visibility and accessibility along Texas State Highway 144, upon which 23,000 vehicles travel each day. Additionally, the submarket in which ACI operates boasts an average household income of approximately $100,000, suggesting a new operator should be able to incrementally increase rental rates throughout the hold period. Located just 45 minutes southwest of Fort Worth, Granbury has historically enjoyed a reputation as a lake and retirement community first and foremost. Over the past decade, however, the city and its local economy have evolved into a thriving suburb of the Dallas / Fort Worth MSA – the population has boomed, and the average age has declined, making Granbury an ideal living place for young people and their families. Please reference page 8 to see a glimpse of the countless commercial and residential developments underway nearby.