Investment Overview

Marcus & Millichap is pleased to offer for sale the Lone Star Storage Portfolio with self-storage properties located at 1722 W. Oaklawn Road in Pleasanton, Texas and 2757 I-35 BL in Pearsall, Texas. Consisting of 194 units and 43,010 square feet of net rentable space, the Portfolio is offered at a 7.99 percent cap rate. Subject properties are situated on 2.76 acres with room for expansion. Highly visible from main thoroughfares, the properties are both situated off stretches of highway that average more than 22,000 vehicles per day. Pleasanton, Texas Located in Atascosa County, approximately 35 miles south of San Antonio, Pleasanton, Texas, is strategically located along major highways like U.S. Highway 281 and Interstate 37, providing easy access to San Antonio and the surrounding South Texas region. Known as the "Birthplace of the Cowboy," Pleasanton offers a small-town atmosphere with modern amenities, including parks, schools, and community events that celebrate its cowboy culture. Pleasanton's economy is primarily driven by agriculture, oil and gas, and manufacturing, with key industries including cattle ranching, oil production, and food processing. The Eagle Ford Shale play has significantly impacted the local economy, attracting businesses and workers to the area. Major employers include South Texas Regional Medical Center, Walmart, and the Pleasanton Independent School District. Pearsall, Texas Positioned just 55 miles southwest of San Antonio in Frio County, Pearsall, Texas, is a small but growing city situated along Interstate 35. The area serves as a key gateway between San Antonio and the Texas-Mexico border, making it an important hub for transportation and logistics. Pearsall offers a blend of small-town charm and modern conveniences, with local amenities such as parks, schools, and community events that reflect its agricultural heritage. Pearsall’s economy is primarily driven by agriculture, oil and gas, and manufacturing. The Eagle Ford Shale formation has been a significant economic driver in the region, attracting energy companies and workers to the area. Major employers in Pearsall include Frio Regional Hospital, Pearsall Independent School District, and various companies in the oil and gas sector, contributing to the city's economic base.