2400 S Riverside Dr - Self-Storage Facilities FOR SALE
Fort Worth, TX 76104 |
2400 S Riverside Dr
Fort Worth, TX 76104
HIGHLIGHTS
- Demographic Advantage: Densely populated with 271,997 people and average household income of $78,089 in a 5-mile radius.
- Recent Expansion: Added ~75k NRSF to existing footprint between May and June 2024 with strong lease-up since C/O.
- Competitive Pricing: Current pricing is 43% below market comparables (due to lease-up).
- Limited Supply: Supply stands at 5.97 NRSF per capita in the 5-mile radius of the property.
- High Traffic around the Facility: The area experiences average annual daily traffic of more than 14,214.
- Emerging Multi-Family Market: The development of 8,000+ new multi-family units in the vicinity.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
126325
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
7.97 AC AC
LAND SF
347,347 SF
ZONING
-
APN/PARCEL ID
42648724
