https://versalpartners.com/properties/lone-star-storage-center-katy/
Lone Star Storage Center is located in Katy, Texas, one of the fastest-growing suburbs in the Houston metro area. The property is situated on Clay Road in a highly active retail corridor. The surrounding area consists of established residential neighborhoods and new housing developments, generating consistent demand for personal and business storage.
Lone Star Storage Center features 361 non-climate and 277 climate-controlled units for a total of 83,725 NRSF. It also includes 9 uncovered parking spaces. The facility has a physical occupancy of 81% and an economic occupancy of 68%. The average unit size is 131 NRSF.
The facility benefits from strong demographics, with 340,691 people living within 5 miles and an average household income of $110,086, indicating strong storage demand and ability to support premium pricing. NRSF per capita within 3 miles is 7.13. It is 1.6 miles from Grand Parkway Toll Road and only 2.2 miles from major retailers, including Walmart, Kroger, and Aldi, creating strong daily consumer traffic and visibility. Access to
I-10, a major Houston corridor, is 3.1 miles away.
Construction highlights include concrete drives, metal and steel construction, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an onsite office and apartment.
This is a rare opportunity to acquire a class “A”, family-owned and operated facility in an institutional-quality market. Contact Versal for pricing guidance.