25365 Bulverde Road
Brand New | San Antonio, TX
Marketing description
CubeSmart - San Antonio is a newly built Class A self storage facility totaling 52,351 NRSF across 439 units in the affluent Stone Oak / Cibolo Canyons submarket. Completed in 4th quarter of 2024 on 5.53 acres, the single-story facility includes 320 climate-controlled units and 119 non-climate drive-up units, offering a balanced mix of premium interior storage and traditional drive-up product.
The asset is currently 65.9% occupied with an economic occupancy of 44.6%, presenting a clear lease-up and revenue-management opportunity for the next owner. Current achieved rents of $0.76/SF are materially below the pro forma average of $1.13/SF. The surrounding 5-mile trade area includes 135,463 residents and average household income of $159,039, providing a strong demographic backdrop for a newly constructed asset offered at an attractive basis relative to
replacement cost.
Investment highlights
Population of 130,000+ (5- mile radius)
8,625 vehicles/day
Brand New, opened 4th quarter of 2024
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