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Self-Storage Facility

Access Storage

8041 S Padre Island Dr, Corpus Christi, TX 78412

Listing Price: $8,500,000

Cap Rate
3.73%
Number of Units
626
Occupancy
67.0%
Gross SF
83,223
Rentable SF
83,223
Price/Rentable SF
$102.14
Year Built
2003

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Access Storage located in Corpus Christi, Texas. The facility features 83,223 net rentable square feet with 626 total units. They have climate-controlled and non-climate-controlled units as well as parking spaces available for rent. The facility would benefit from much tighter management and there is a lot of upside in that regard.

Investment Highlights

  • Class A Self Storage Facility in Corpus Christi, Texas
  • 83,223 Net Rentable Square Feet | 626 Units
  • Very Mismanaged Facility | Large Upside Through Implementation of Third Party Management Company
  • Excellent Location and Street Frontage

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

Access Storage

Listing Price: $8,500,000

Cap Rate
3.73%
Number of Units
626
Occupancy
67.0%
Gross SF
83,223
Rentable SF
83,223
Price/Rentable SF
$102.14
Year Built
2003

Investment Highlights

  • Class A Self Storage Facility in Corpus Christi, Texas
  • 83,223 Net Rentable Square Feet | 626 Units
  • Very Mismanaged Facility | Large Upside Through Implementation of Third Party Management Company
  • Excellent Location and Street Frontage

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Access Storage located in Corpus Christi, Texas. The facility features 83,223 net rentable square feet with 626 total units. They have climate-controlled and non-climate-controlled units as well as parking spaces available for rent. The facility would benefit from much tighter management and there is a lot of upside in that regard.

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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