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Self-Storage Facility

Texas Store & Go

2980 I-30, Greenville, TX 75401

Listing Price: $5,200,000

Cap Rate
7.98%
Number of Units
451
Occupancy
33.0%
Gross SF
111,650
Rentable SF
111,650
Price/Rentable SF
$46.57
Year Built
2024

Investment Overview

Texas Store & Go is a newly constructed self-storage facility located along Interstate-30 in Greenville, Texas, with direct frontage, strong visibility, and immediate access to one of the area’s primary transportation corridors. Opened in 2025, the property spans 111,650 rentable-square feet across 451 units on approximately 13 acres, with a well-balanced mix of non-climate, climate-controlled, and parking units. The site also includes a 2,600-square-foot on-site residence, allowing for efficient day-to-day oversight as the next owner continues to scale operations.

The property is in the early stages of lease-up, currently operating at roughly 33 percent occupancy, with a clear path to continue building momentum over the next several years. While the majority of the project has been completed, a portion of the units have not yet been finished out, creating an opportunity for a new owner to bring additional inventory online and capture that demand as occupancy grows. The remaining door package has already been quoted at $92,335 (excluding installation), providing a straightforward and relatively low-cost way to unlock additional revenue. When paired with a basis well below replacement cost, the opportunity becomes less about taking development risk and more about executing on a lease-up that is already underway.

Greenville sits along the eastern edge of the Dallas-Fort Worth metroplex, benefiting from continued outward growth as population and development push east along the I-30 corridor. The area is supported by a diverse employment base including manufacturing, logistics, healthcare, and industrial users, with major employers such as L3Harris and Hunt Regional Medical Center anchoring the market. At the same time, Greenville offers a lower-cost alternative to the core DFW counties, which continues to attract both residents and businesses. Combined with strong interstate visibility and a competitive position within the local market, Texas Store & Go is well positioned to capture lease-up demand and support long-term rent growth as the asset stabilizes.

Investment Highlights

  • Lease-Up Opportunity with Significant Revenue Upside – Currently 33% occupied with meaningful runway to stabilize and grow NOI
  • Below Replacement Cost Basis ($46.57 / RSF) – Step into a nearly complete 2025-vintage project at a discount to today's construction costs
  • Defined Path to Increase Inventory – 195 units not yet delivered; $92,335 door quote provides a clear, low-cost path to unlock additional revenue
  • High-Visibility Interstate Location – Direct frontage along I-30 with exposure to 43,000+ vehicles per day
  • Balanced Unit Mix with Broad Appeal – 111,650 SF across climate, non-climate, and parking units
  • Operational Upside Through Professional Management – Mom-and-pop ownership with opportunity to implement revenue management, marketing, and ancillary income streams
  • Positioned Along the Expanding DFW Growth Corridor – Benefiting from eastward population growth and increasing demand for more affordable alternatives to core metro counties

Exclusively Listed By

Financing By

Self-Storage Facility

Texas Store & Go

Listing Price: $5,200,000

Cap Rate
7.98%
Number of Units
451
Occupancy
33.0%
Gross SF
111,650
Rentable SF
111,650
Price/Rentable SF
$46.57
Year Built
2024

Investment Highlights

  • Lease-Up Opportunity with Significant Revenue Upside – Currently 33% occupied with meaningful runway to stabilize and grow NOI
  • Below Replacement Cost Basis ($46.57 / RSF) – Step into a nearly complete 2025-vintage project at a discount to today's construction costs
  • Defined Path to Increase Inventory – 195 units not yet delivered; $92,335 door quote provides a clear, low-cost path to unlock additional revenue
  • High-Visibility Interstate Location – Direct frontage along I-30 with exposure to 43,000+ vehicles per day
  • Balanced Unit Mix with Broad Appeal – 111,650 SF across climate, non-climate, and parking units
  • Operational Upside Through Professional Management – Mom-and-pop ownership with opportunity to implement revenue management, marketing, and ancillary income streams
  • Positioned Along the Expanding DFW Growth Corridor – Benefiting from eastward population growth and increasing demand for more affordable alternatives to core metro counties

Investment Overview

Texas Store & Go is a newly constructed self-storage facility located along Interstate-30 in Greenville, Texas, with direct frontage, strong visibility, and immediate access to one of the area’s primary transportation corridors. Opened in 2025, the property spans 111,650 rentable-square feet across 451 units on approximately 13 acres, with a well-balanced mix of non-climate, climate-controlled, and parking units. The site also includes a 2,600-square-foot on-site residence, allowing for efficient day-to-day oversight as the next owner continues to scale operations. The property is in the early stages of lease-up, currently operating at roughly 33 percent occupancy, with a clear path to continue building momentum over the next several years. While the majority of the project has been completed, a portion of the units have not yet been finished out, creating an opportunity for a new owner to bring additional inventory online and capture that demand as occupancy grows. The remaining door package has already been quoted at $92,335 (excluding installation), providing a straightforward and relatively low-cost way to unlock additional revenue. When paired with a basis well below replacement cost, the opportunity becomes less about taking development risk and more about executing on a lease-up that is already underway. Greenville sits along the eastern edge of the Dallas-Fort Worth metroplex, benefiting from continued outward growth as population and development push east along the I-30 corridor. The area is supported by a diverse employment base including manufacturing, logistics, healthcare, and industrial users, with major employers such as L3Harris and Hunt Regional Medical Center anchoring the market. At the same time, Greenville offers a lower-cost alternative to the core DFW counties, which continues to attract both residents and businesses. Combined with strong interstate visibility and a competitive position within the local market, Texas Store & Go is well positioned to capture lease-up demand and support long-term rent growth as the asset stabilizes.

Exclusively Listed By

Financing By

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