Investment Overview

Marcus & Millichap is pleased to offer for sale Foster Meadows Storage located at 6059 US Highway 87 East in San Antonio, Texas. Consisting of 100 climate-controlled units, 84 non-climate-controlled units and 30 uncovered parking spaces. The property totals 184 self-storage units, 21,150 net rentable square feet, and 30 parking spaces after completing Phase 1 of its construction. The property is easily traversable with wide driveways allowing for drive-up access and ease of ingress to the uncovered boat and RV storage. With five different unit sizes to accommodate almost every storage solution, the property is also well-lit with secure gate entry and onsite security. Located in south-central Texas, San Antonio is a dynamic city with a population of approximately 1.5 million residents. The city is strategically positioned at the intersection of Interstate 10, 35, and 37 and serves as a major economic hub in the region. San Antonio's diverse economy features key industries including healthcare, military, tourism, and manufacturing. Major employers in the immediate area include H-E-B Distribution Center, Spurs Sports & Entertainment, and several military installations such as Joint Base San Antonio. Renowned for its vibrant cultural landscape filled with historic landmarks, the city is home to the iconic Alamo, a UNESCO World Heritage Site, and anchored by the gorgeous River Walk that attracts millions of tourists annually. These attractions, along with a variety of museums, theaters, and festivals, make San Antonio a cultural destination. Population near the subject property has increased by 24.25 percent since 2010, indicating strong long-term market growth.