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33548529
33548530

1309 N Stemmons St, Sanger, TX 76266 For Sale

JD
TX TX 677506
CBRE Dallas
TS
TX 841468
Listed by CBRE Dallas
$1,295,000
154 days on market
Updated 5 days ago

I-35 Self-Storage Facility - Sanger, TX

Details
Property Type Industrial, Self Storage
Sub Type Flex
Square Footage 18,660
Net Rentable (SqFt) 18,660
Units 101
Cap Rate 4.65%
NOI $60,235
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.5%
Pro-Forma NOI $110,014
Price per SqFt $69
Class B
Year Built 1995
Year Renovated 2022
Buildings 5
Lot Size (SqFt) 43,564
Zoning Industrial Commercial
Ground Lease No

I-35 Self Storage | 101 Units

Marketing description

Prime I-35 Self Storage Facility with High Visibility, Renovated in 2022. 101 Units with unit sizes including 6x8x10, 8x12x10, 12x24x10, 10x30x10, and 12x30x10 configurations.

Investment highlights

Prime I-35 Location with High Visibility:

Strategically located along North Stemmons Street just off Interstate 35 and less than half a mile from the FM 455 interchange, the property boasts exceptional visibility and strong traffic exposure. This offers convenient access for customers across Sanger and Denton County, connecting to the broader Dallas-Fort Worth Metroplex and Oklahoma.

Modern Construction & Recent Renovation:

The facility features 18,660 square feet of Class B metal construction across five buildings. Originally built in 1995, the property underwent a full renovation in 2022, ensuring clean, durable, and highly functional storage space.

Diverse Unit Mix:

Offering a versatile range of unit sizes including 6x8x10, 8x12x10, 12x24x10, 10x30x10, and 12x30x10 configurations, the property caters to a broad spectrum of customer needs, from personal storage to commercial users and vehicle/equipment storage.

Strategic Growth Corridor:

Positioned within Sanger, a rapidly expanding community projected for over 20% growth by 2029, the facility is located in Denton County’s dynamic growth corridor. This supports strong demand for self-storage and related services.

Flexible Zoning & Accessibility:

Highly versatile Industrial Commercial zoning allows for a broad range of uses. Coupled with excellent regional connectivity and nearby amenities, this enhances its appeal and functionality.

Texas Tax Advantage:

An additional benefit for investors and businesses is that Texas does not impose a state income tax.

Listing Contacts

JD
TX TX 677506
CBRE Dallas
TS
TX 841468
Listed by CBRE Dallas

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,235.00
$5,019.58/mo

Valuation Metrics

0
DSCR
4.65%
Cap Rate
4.65%
ROI

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Additional Information

Name
Johnny Dunn
License
TX 677506
Name
Theo Stamolis
License
841468
Brokerage
CBRE
Brokerage Phone
214-979-6166
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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