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Off Market
1/5

200 Overlook Dr
Red Oak, TX 75154


HIGHLIGHTS

  • $1,195,000
  • Class "A" 2007 Construction
  • 22,000 NRSF
  • Frontage on Overlook Dr.
  • 76% Sq. Ft. Occupancy

OVERVIEW

Cornerstor Self Storage is a pride of ownership, retail location self storage facility located in one of the fastest growing submarkets of Dallas -Ft. Worth. The facility is located less than 0.1 miles from Interstate 35, the dominant north/south corridor through Dallas. Cornerstor Self Storage is surrounded by national retailers including Walmart Super Center, Brookshire Brothers, McDonalds and Walgreens. Additionally, multiple single family and multi-family residential developments are under development in the three mile radius surrounding the facility. Cornerstor Self Storage features steel and metal construction with a metal screw down roof. Driveways are a combination or concrete and crushed asphalt. There is an on-site office with room for retail sales. Security features include gated keypad access and perimeter fencing. The facility features a diverse mix of conventional self storage units, parking space and commercial office / warehouse space. Unit sizes for self storage range from 50 to 300 square feet. The seven office / warehouse spaces are 1,000 or 2,000 square feet and currently 91% occupied. Priced at $1,195,000 Cornerstor Self Storage represents a 8.58% cap rate at the current physical occupancy of 76% and economic occupancy of 80%.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Cornerstor Self Storage - Red Oak, TX

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

76709

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC AC

LAND SF

76,666 SF

ZONING

-

APN/PARCEL ID

169185