11716 Veterans Memorial Dr - Self-Storage Facilities FOR SALE
Houston, TX 77067 |
$18,500,000 USD
972-267-0600
11716 Veterans Memorial Dr
Houston, TX 77067
HIGHLIGHTS
- Houston, Texas Self-Storage Offering
- Newly Built, Class-A Facility that Opened in February 2025
- 90,875 Net Rentable Square Feet
- 321 Climate-Controlled Units & 311 Non-Climate-Controlled Units
- Extremely Dense Surrounding Population: 323,634 People Living Within Five Miles & 136,165 People Living Within Three Miles
- High Daily Traffic Counts: ~30,400 Cars/Day off Veterans Memorial
OVERVIEW
Marcus & Millichap is pleased to offer for sale CubeSmart Self Storage (Managed) located in Houston, Texas. This is a newly built, class A facility that opened in February 2025. The site consists of 321 climate controlled units and 311 non-climate controlled units totaling 90,875 net rentable square feet. The facility is located in a very densely populated area with 323,634 people living within 5 miles and the area is continuing to grow. The site also sees over 30,000 cars per day.
FOR SALE DETAILS
PRICE
$18,500,000 USD
PRICE/SF
$204 USD /SF
CAP RATE
1.26%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,042 SF
ZONING
-
APN/PARCEL ID
0642460000127,1164890000001
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972-267-0600
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972-267-0600
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