817-813-5631
226 Frontage Rd, Brownsville, TX for Sale
Self-Storage Facilities - FOR SALE
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226 Frontage Rd
Brownsville, TX 78521


HIGHLIGHTS

  • 12,276 RSF climate-controlled storage facility
  • Adjoining 21,294 SF retail space (leased – 3 year term)
  • Stabilized occupancy property with newly executed retail lease
  • Price offered below replacement cost

OVERVIEW

Smartlock Storage in Brownsville, TX (226 N. Expressway)features 12,276 square feet of climate-controlled storage units and maintains a stabilized economic occupancy of over 90%. Additionally, the adjoining 21,294 SF retail space (234 N. Expressway) was recently leased on a three-year term. The facility is ideally situated directly off Interstate 69, offering excellent visibility and accessibility. This presents a compelling opportunity for a buyer to increase rental rates, which remain below market due to recent lease-up activity, and to explore options for either converting the retail space or negotiating an extension with the current tenant.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smartlock Self Storage® - Brownsville

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chad SnyderDominus CommercialMore Info
817-813-5631

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Chad SnyderDominus CommercialMore Info
817-813-5631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.