Self-Storage Facility

Graham Self Storage

1810 TX-16, Graham, TX 76450

Listing Price: $200,000

Number of Units
58
Occupancy
26.6%
Gross SF
6,750
Rentable SF
6,750
Price/Rentable SF
$29.63
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Graham Storage in Graham, TX. Consisting of 6,750 net-rentable square feet on 1.01 acres, the facility maintains 58 non-climate controlled units ranging from 50 square feet to 600 square feet.
The facility's perimeter is secured by a fence, and is accessed by an electronic entry gate with keypad. This facility offers significant upside potential with increased rental rates and continued lease up activity across multiple unit sizes.

Graham Storage is conveniently located 1.6 miles from Downtown Graham, Texas. Graham is located in north central Texas and has an unemployment rate of 3.1 percent. Graham's cost of living is 23.9 percent lower than the U.S. average. Graham is the county seat of Young County, as well as the largest city in Young County. Current population within the 10-mile radius is 12,841 (2019).

Graham is a business-friendly community that is perfectly situated between Fort Worth, Wichita Falls and Abilene. This strategic location on Texas Highways 114, 16, 67, and U.S. Highway 380 makes Graham the economic hub for the region. Graham's ideal location also offers an outstanding quality of life. Community pride, a strong workforce, local college and workforce center, event center, great schools, and abundant outdoor recreation opportunities are just a few aspects that make Graham a complete package for businesses and their employees. In 2010, North Central Texas College established a campus in Graham. The campus offers a wide range of academic transfer courses, vocational nursing (LVN), Oil & Gas production technology, allied health certificate programs, and continuing education programs.

Investment Highlights

  • 6.98% Year 1 CAP rate
  • 6,750 Net Rentable Square Feet
  • 58 Non-Climate Controlled Units Ranging From 50 Square Feet To 600 Square Feet
  • Existing 10 x 10 Rents 45% Below Average Market Rents
  • Priced Below $30 Per NRSF

Exclusively Listed By

Self-Storage Facility

Graham Self Storage

Listing Price: $200,000

Number of Units
58
Occupancy
26.6%
Gross SF
6,750
Rentable SF
6,750
Price/Rentable SF
$29.63
Year Built
1980

Investment Highlights

  • 6.98% Year 1 CAP rate
  • 6,750 Net Rentable Square Feet
  • 58 Non-Climate Controlled Units Ranging From 50 Square Feet To 600 Square Feet
  • Existing 10 x 10 Rents 45% Below Average Market Rents
  • Priced Below $30 Per NRSF

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Graham Storage in Graham, TX. Consisting of 6,750 net-rentable square feet on 1.01 acres, the facility maintains 58 non-climate controlled units ranging from 50 square feet to 600 square feet.
The facility's perimeter is secured by a fence, and is accessed by an electronic entry gate with keypad. This facility offers significant upside potential with increased rental rates and continued lease up activity across multiple unit sizes.

Graham Storage is conveniently located 1.6 miles from Downtown Graham, Texas. Graham is located in north central Texas and has an unemployment rate of 3.1 percent. Graham's cost of living is 23.9 percent lower than the U.S. average. Graham is the county seat of Young County, as well as the largest city in Young County. Current population within the 10-mile radius is 12,841 (2019).

Graham is a business-friendly community that is perfectly situated between Fort Worth, Wichita Falls and Abilene. This strategic location on Texas Highways 114, 16, 67, and U.S. Highway 380 makes Graham the economic hub for the region. Graham's ideal location also offers an outstanding quality of life. Community pride, a strong workforce, local college and workforce center, event center, great schools, and abundant outdoor recreation opportunities are just a few aspects that make Graham a complete package for businesses and their employees. In 2010, North Central Texas College established a campus in Graham. The campus offers a wide range of academic transfer courses, vocational nursing (LVN), Oil & Gas production technology, allied health certificate programs, and continuing education programs.

Exclusively Listed By

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