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Self-Storage Facility

Yorktown Mini Storage

6652 Yorktown Blvd, Corpus Christi, TX 78414

Listing Price: $3,000,000

Cap Rate
5.14%
Occupancy
72.6%
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Yorktown Mini Storage located in Corpus Christi, Texas. The facility consists of 118 climate-controlled units and 50 non-climate-controlled units totaling 18,575 net rentable square-feet. This is a stabilized cash flowing facility that is currently 80 percent physically occupied. The property is fully secured with a keypad, gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense and rapidly growing surrounding population. The population within five miles of the facility is 148,825, which represents a 35 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods, restaurants, and retail stores. This offers the facility great street frontage and high daily traffic counts of around 14,200 cars per day off Yorktown Boulevard.

Yorktown Mini Storage is being offered for $3 million or $161.51 per rentable square-foot.

Investment Highlights

  • 18,575 Net Rentable Square-Feet
  • 118 Climate-Controlled Units | 50 Non-Climate-Controlled Units | 113 Parking Spaces
  • 80 Percent Physically Occupied
  • Room for Expansion

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

Yorktown Mini Storage

Listing Price: $3,000,000

Cap Rate
5.14%
Occupancy
72.6%
Year Built
2005

Investment Highlights

  • 18,575 Net Rentable Square-Feet
  • 118 Climate-Controlled Units | 50 Non-Climate-Controlled Units | 113 Parking Spaces
  • 80 Percent Physically Occupied
  • Room for Expansion

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Yorktown Mini Storage located in Corpus Christi, Texas. The facility consists of 118 climate-controlled units and 50 non-climate-controlled units totaling 18,575 net rentable square-feet. This is a stabilized cash flowing facility that is currently 80 percent physically occupied. The property is fully secured with a keypad, gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense and rapidly growing surrounding population. The population within five miles of the facility is 148,825, which represents a 35 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street and are surrounded by lots of residential neighborhoods, restaurants, and retail stores. This offers the facility great street frontage and high daily traffic counts of around 14,200 cars per day off Yorktown Boulevard.

Yorktown Mini Storage is being offered for $3 million or $161.51 per rentable square-foot.

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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