6059 US Highway 87 E - Specialty FOR SALE


San Antonio, TX 78222- Southeast Side
$4,250,000 USD
512-809-9486
6059 US Highway 87 E, San Antonio, TX for Sale
$4,250,000 USD
Specialty - FOR SALE
1/5
null | Request Cap Rate

6059 US Highway 87 E
San Antonio, TX 78222
Southeast Side


HIGHLIGHTS

  • 21,050 NRSF with Phase 1 of New Development Complete
  • 183 Self Storage Units: 100 Climate Controlled and 83 Non-Climate Controlled Units
  • 30 Uncovered Boat and RV Storage Spaces
  • Wide Driveways for Drive-Up Accessibility
  • Includes site plans for Phase 2 - 86,000 NRSF of additional climate and non-climate storage spread across 11 additional buildings

OVERVIEW

Marcus & Millichap is pleased to offer for sale Foster Meadows Storage located at 6059 US Highway 87 East in San Antonio, Texas. Consisting of 100 climate-controlled units and 83 non-climate-controlled units, the property totals 183 self-storage units, 21,050 net rentable square feet, and 30 parking spaces after completing Phase 1 of its construction. The property is easily traversable with wide driveways allowing for drive-up access and ease of ingress to the uncovered boat and RV storage. With five different unit sizes to accommodate almost every storage solution, the property is also well-lit with secure gate entry and on-site security. Located in south-central Texas, San Antonio is a dynamic city with a population of approximately 1.5 million residents. The city is strategically positioned at the intersection of Interstate 10, 35, and 37 and serves as a major economic hub in the region. San Antonio's diverse economy features key industries including healthcare, military, tourism, and manufacturing. Major employers in the immediate area include H-E-B Distribution Center, Spurs Sports & Entertainment, and several military installations such as Joint Base San Antonio. Renowned for its vibrant cultural landscape filled with historic landmarks, the city is home to the iconic Alamo, a UNESCO World Heritage Site, and anchored by the gorgeous River Walk that attracts millions of tourists annually. These attractions, along with a variety of museums, theaters, and festivals, make San Antonio a cultural destination. Within a one-hour drive from San Antonio, residents and visitors can access other significant urban areas such as New Braunfels, Seguin, and Boerne.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Foster Meadows Storage

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.7 AC

LAND SF

378,972 SF

ZONING

-

APN/PARCEL ID

18273-001-0020

ASK ABOUT THIS PROPERTY

Jon DanklefsMarcus & MillichapMore Info
512-809-9486

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

Jon DanklefsMarcus & MillichapMore Info
512-809-9486

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