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28063173
28063174

7447 FM 897, Telephone, TX 75488

WW
LA 995701278-ACT
Lee & Associates Louisiana
JW
NC 338269
Lee & Associates - Charlotte
Listed by Lee & Associates Louisiana, Lee & Associates - Charlotte
$5,500,000
100 days on market
Updated 36 days ago

Lunker's Boat & RV Storage

Details
Property Type Industrial, Self Storage
Sub Type Warehouse
Square Footage 99,940
Net Rentable (SqFt) 99,940
Units 218
Occupancy 5%
Tenancy Multi
Pro-Forma Cap Rate 11.87%
Pro-Forma NOI $652,922
Price per SqFt $55
Class A
Year Built 2025
Buildings 6
Acreage 6.600
Zoning R&C
Investment Type Value Add
Ground Lease No

Brand New Construction | Fully Enclosed Boat & RV Storage

Investment highlights

  • Lee & Associates Self Storage Group is please too present Lunker’s Boat & RV Storage, a brand-new development completed in 2025 which opened for business October 1, 2025. Improvements include 6 buildings of institutional build quality, totaling of 99,940 NRSF, across 218-units; featuring all-steel construction, concrete paving, roll-up doors, LED lighting, a professional managers office, and 24-hour gated access. Units range from 12×20 to 14×80 feet, each designed to accommodate today’s large recreational vehicles and boats with power availability and premium security.

  • STRATEGIC LOCATION: Positioned minutes from the shoreline of Bois d’Arc Lake — North Texas’s first new major reservoir in over 30 years — Lunkers Boat & RV Storage offers investors a rare opportunity to acquire a Class A, purpose-built storage facility at the gateway to the region’s fastest-growing recreation and second-home market. The site’s location along FM 897, less than 1 mile from NTMWD’s new public ramp and the proposed marina/commercial shoreline zone, ensures enduring demand from both lake visitors and local homeowners.

  • NORTH TEXAS’ NEWEST RECREATIONAL DESTINATION: The opening of Bois d’Arc Lake in 2024 has transformed northeast Fannin County into a dynamic recreational and investment corridor. This 16,600-acre reservoir — the first major lake built in Texas in over 30 years — has catalyzed new demand for housing, hospitality, and vehicle storage. Adjacent and nearby residential projects, including The Peninsula, The Shores at The Peninsula, Bois d’Arc Shores, and Bois d’Arc Pointe, Bridgewater, Five Points, & Harbor at Five Points collectively represent more than 600 planned or platted residential lots within a ten-minute drive. These developments contribute a sustained base of homeowners whose lot covenants frequently restrict on-site storage of boats, RVs, and trailers—creating consistent off-site storage demand.

  • NO COMPETITION | EARLY LEASE UP: With the facility still in its initial lease-up phase and no direct competitors offering enclosed drive-up storage in the immediate trade area, the next owner is uniquely positioned to establish market-leading rental rates and drive outsized revenue growth as occupancy matures.

Listing Contacts

WW
LA 995701278-ACT
Lee & Associates Louisiana
JW
NC 338269
Lee & Associates - Charlotte
Listed by Lee & Associates Louisiana, Lee & Associates - Charlotte

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