Self-Storage Facility
Iron Creek Storage
8724 FM1417, Denison, TX 75020
Listing Price: $5,500,000
Investment Overview
The Denison, TX Storage Portfolio consists of two storage facilities located approximately two miles apart in Denison, Texas. The properties may be purchased together or individually.
DK Discount Storage, built in 2020, offers 36,050 rentable-square feet, including 79 climate-controlled units, 153 non-climate drive-up units, three uncovered parking spaces, and a 10,000-square-foot climate-controlled warehouse. The warehouse is currently owner-occupied but could be leased to a third party or converted into additional climate-controlled units upon sale.
Iron Creek Storage, constructed in 2022, comprises 86,295 rentable-square feet with 145 climate-controlled units, 321 non-climate drive-up units, 48 covered parking spaces, and 34 uncovered parking spaces.
Both facilities feature garage-style roll-up doors, keypad-controlled gated entry and exit, a professional leasing office, perimeter fencing and lighting, and 24-hour video surveillance. Offered at a combined list price of $8,200,000, the portfolio is available to a new owner at a replacement cost – only $67.02 per rentable-square foot. Both facilities are still in their lease-up phase, and the seller engaged a third-party management company in March 2025 to take over the day-to-day operations so he can focus on his e-commerce businesses.
Located just 35 minutes north of Dallas, the Sherman/Denison Metropolitan Statistical Area is experiencing rapid economic and population growth, fueled by the northward expansion of the Dallas North Tollway and over $40-billion in investment from two major microchip manufacturing facilities, Texas Instruments and GlobalWafers. Their new campuses are expected to create 3,000 direct jobs in a market of just 150,000 residents (as of 2024).
In response, thousands of residential and commercial projects are underway, including the 7,500-home Preston Harbor Community and a Margaritaville resort with retail, dining, and a marina—recently ranked the seventh largest upcoming development in the U.S.. Additionally, the nearby Choctaw Casino & Resort in Durant, Oklahoma, completed a $600 -million expansion, adding a 1,000-room luxury hotel to meet surging regional demand.
Listing Price: $5,500,000
Investment Highlights
- Strategic Location off Loop 286 – 25,000+ Vehicles per Day
- Opportunity for Expansion – Approximately 2.5 Unimproved Acres
- Fully Remotely-Managed by Current Owner
- Only $67.02 Price per Rentable-Square Foot – Replacement Cost
Investment Overview
The Denison, TX Storage Portfolio consists of two storage facilities located approximately two miles apart in Denison, Texas. The properties may be purchased together or individually. DK Discount Storage, built in 2020, offers 36,050 rentable-square feet, including 79 climate-controlled units, 153 non-climate drive-up units, three uncovered parking spaces, and a 10,000-square-foot climate-controlled warehouse. The warehouse is currently owner-occupied but could be leased to a third party or converted into additional climate-controlled units upon sale. Iron Creek Storage, constructed in 2022, comprises 86,295 rentable-square feet with 145 climate-controlled units, 321 non-climate drive-up units, 48 covered parking spaces, and 34 uncovered parking spaces. Both facilities feature garage-style roll-up doors, keypad-controlled gated entry and exit, a professional leasing office, perimeter fencing and lighting, and 24-hour video surveillance. Offered at a combined list price of $8,200,000, the portfolio is available to a new owner at a replacement cost – only $67.02 per rentable-square foot. Both facilities are still in their lease-up phase, and the seller engaged a third-party management company in March 2025 to take over the day-to-day operations so he can focus on his e-commerce businesses. Located just 35 minutes north of Dallas, the Sherman/Denison Metropolitan Statistical Area is experiencing rapid economic and population growth, fueled by the northward expansion of the Dallas North Tollway and over $40-billion in investment from two major microchip manufacturing facilities, Texas Instruments and GlobalWafers. Their new campuses are expected to create 3,000 direct jobs in a market of just 150,000 residents (as of 2024). In response, thousands of residential and commercial projects are underway, including the 7,500-home Preston Harbor Community and a Margaritaville resort with retail, dining, and a marina—recently ranked the seventh largest upcoming development in the U.S.. Additionally, the nearby Choctaw Casino & Resort in Durant, Oklahoma, completed a $600 -million expansion, adding a 1,000-room luxury hotel to meet surging regional demand.
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