4600 I-30 Frontage Rd - Self-Storage Facilities FOR SALE


Rockwall, TX 75087
$1,570,860 USD
262-812-6420
4600 I-30 Frontage Rd, Rockwall, TX for Sale
$1,570,860 USD
Self-Storage Facilities - FOR SALE
1/14
null | 7.47% Cap Rate

4600 I-30 Frontage Rd
Rockwall, TX 75087


HIGHLIGHTS

  • Interstate 30 Expansion Project: This $334+ million Texas Department of Transportation project is aimed at reducing congestion and is planned to be co
  • Lafayette Crossing: (less than 1 mile from the site) - This 267-acre, master planned development will deliver over 400,000 SF of thoughtfully curated
  • Rockwall Heights: (less than 1 mile from the site) - A 65-acre development with 485 rental units (condos/townhomes), 350,000 sq ft of retail, restaura

OVERVIEW

JTACR Real Estate Group is pleased to present Lock & Leave Self Storage: a 170 unit storage facility located in Rockwall, TX. The facility is a blend of enclosed self storage, covered outdoor parking, warehouse spaces, and uncovered outdoor parking. The site is inside the city limits of Rockwall, and is located directly off of Interstate 30, a major thoroughfare which has an average daily traffic of 120,000 vehicles. This Prime location makes this facility easily accessible for its customers. It is surrounded by high density housing as well as a large percentage of the population being renters. The facility offers several uses for its customers: 1) Small/medium/large enclosed storage options 2) Office rentals 3) Both Covered and Uncovered outdoor parking options. This opportunity presents investors with a Rare opportunity to own a stabilized storage facility within a major market along with various opportunities for value add to the investment.

FOR SALE DETAILS

PRICE

$1,570,860 USD

PRICE/SF

$108 USD /SF

CAP RATE

7.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lock and Leave Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage, Parking Lot

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

General Commercial

APN/PARCEL ID

47978

ASK ABOUT THIS PROPERTY

Carrie SiegerJTACR Real Estate GroupMore Info
262-812-6420

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Carrie SiegerJTACR Real Estate GroupMore Info
262-812-6420

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