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1309 N Stemmons St - A stable Self Storage business- Price Reduced 18,696 SF Specialty Building Offered at $2,070,440 CAD at a 7.62% Cap Rate in Sanger, TX 76266
INVESTMENT HIGHLIGHTS
- Excellent visibility - Interstate 35 visibility and frontage. Conssidered one of the busiest highways in the US.
- Growing population in Northern Denton County combined with both commercial and residential construction activity under way.
- Very easy to run facility, can be absentee owner. Contact less move-in since 2015 and current manager has been in place since 2017.
- All Utilities are available - Electric, Water and Sewer!
- Two large universities; University of North Texas (UNT) and Texas Women’s University (TWU) are within 15 minutes of the facility.
- The business and units are managed using web-based system since 2015. Established website with Online Payment capabilities since 2015.
EXECUTIVE SUMMARY
An established self-storage facility located in Sanger, Texas, with frontage on Interstate 35, just north of Denton, Texas. This 18,696 square feet property is situated on ±1.0001 acres and has 101 non-climate-controlled units. Please do not contact the leasing office.
PROPERTY FACTS
| Price | $2,070,440 CAD | Building Class | B |
| Price Per SF | $110.74 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 18,696 SF |
| Cap Rate | 7.62% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1995/2022 |
| Property Subtype | Self-Storage | ||
| Zoning | Industrial - Zoning: Industrial Commercial | ||
| Price | $2,070,440 CAD |
| Price Per SF | $110.74 CAD |
| Sale Type | Investment |
| Cap Rate | 7.62% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 18,696 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2022 |
| Zoning | Industrial - Zoning: Industrial Commercial |
PROPERTY TAXES
| Parcel Number | R114830 | Improvements Assessment | $670,851 CAD |
| Land Assessment | $245,720 CAD | Total Assessment | $916,571 CAD |
PROPERTY TAXES
Parcel Number
R114830
Land Assessment
$245,720 CAD
Improvements Assessment
$670,851 CAD
Total Assessment
$916,571 CAD
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SS Holdings
1309 N Stemmons St - A stable Self Storage business- Price Reduced
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