5839 49th St - Self-Storage Facilities FOR SALE


Lubbock, TX 79424
$3,900,000 USD
832-623-1690
5839 49th St, Lubbock, TX for Sale
$3,900,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | Request Cap Rate

5839 49th St
Lubbock, TX 79424


HIGHLIGHTS

  • Lubbock, TX
  • 203,879 Population Within 5 Miles
  • $96,630 Average Household Income Within 5 Miles
  • 0.2 Miles from US-62 / W Loop 289
  • 0.5 Miles from Major Retailers (Sam’s Club, Lowe’s, Target)
  • 4.3 Miles from Texas Tech University

OVERVIEW

All American Storage is located in Lubbock, Texas. The Lubbock MSA has a residential population of roughly 367,000 and includes other cities like Plainview, Levelland, and Slaton. Lubbock Preston Smith International Airport provides easy, direct access to other major Texas cities, as well as Denver, Phoenix, and Las Vegas. The property features 464 non-climate units for a total of 54,745 NRSF. The facility is currently 65% physically occupied and 48% economically occupied. The average unit size is 118 NRSF. All American Storage is well located, being only 0.2 miles from both US-62 and West Loop 289. The facility is also only 0.5 miles from major retailers like Sam’s Club, Lowe’s, and Target. Texas Tech University, which has a student population of 40,969, is only 4.3 miles away. A 5-mile radius around the property includes a population of 203,879 with an average household income of $96,630. Construction highlights include metal and steel construction, concrete and asphalt drives, an on-site office space, gated access, perimeter fencing, and security cameras. All American Storage is being offered for sale at $3,900,000.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All American Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Garage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

R32731,R84231

ASK ABOUT THIS PROPERTY

Bill BellomyVersalMore Info
832-623-1690

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Bill BellomyVersalMore Info
832-623-1690

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