Self-Storage Facility

Brazos Self Storage

1819 TX-332, Lake Jackson, TX 77566

Listing Price: $3,000,000

Cap Rate
6.89%
Number of Units
378
Occupancy
90.5%
Gross SF
45,086
Rentable SF
45,086
Price/Rentable SF
$66.54
Year Built
1978

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Brazos Self Storage located at 1819 Highway 332 West in Lake Jackson, Texas. The facility currently features 104 climate controlled units, 274 non-climate controlled units, totaling 45,086 net rentable square feet. They also offer 30 outdoor parking spaces for rent. The facility was originally built in 1978 and was expanded in 1981 and 1992. It is situated on 3.41 acres of land. The facility has a long history of strong occupancies and currently is 94 percent physically occupied. The facility benefits from great street frontage and high daily traffic counts of around 12,400 cars per day.

Brazos Self Storage is being offered for $3,000,000 or $66.54 per rentable square foot.

Investment Highlights

  • 45,086 Net Rentable Square Feet
  • 104 Climate Controlled Units
  • 274 Non-Climate Controlled Units
  • 30 Outdoor Parking Spaces
  • Below Market Rents

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Self-Storage Facility

Brazos Self Storage

Listing Price: $3,000,000

Cap Rate
6.89%
Number of Units
378
Occupancy
90.5%
Gross SF
45,086
Rentable SF
45,086
Price/Rentable SF
$66.54
Year Built
1978

Investment Highlights

  • 45,086 Net Rentable Square Feet
  • 104 Climate Controlled Units
  • 274 Non-Climate Controlled Units
  • 30 Outdoor Parking Spaces
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Brazos Self Storage located at 1819 Highway 332 West in Lake Jackson, Texas. The facility currently features 104 climate controlled units, 274 non-climate controlled units, totaling 45,086 net rentable square feet. They also offer 30 outdoor parking spaces for rent. The facility was originally built in 1978 and was expanded in 1981 and 1992. It is situated on 3.41 acres of land. The facility has a long history of strong occupancies and currently is 94 percent physically occupied. The facility benefits from great street frontage and high daily traffic counts of around 12,400 cars per day.

Brazos Self Storage is being offered for $3,000,000 or $66.54 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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