10967 Highway 12 - Self-Storage Facilities FOR SALE


Orange, TX 77632
$1,350,000 USD
832-623-1690
10967 Highway 12, Orange, TX for Sale
$1,350,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

10967 Highway 12
Orange, TX 77632


HIGHLIGHTS

  • Orange, Texas (Beaumont MSA)
  • Frontage on TX-12
  • 0.1 Miles From TX-62
  • 0.4 Miles From Market Basket Grocery Store
  • 6.5 Miles From Interstate 10
  • 10.2 Miles From Walmart Shopping Center (Walgreens, Jack in the Box & Dollar General)

OVERVIEW

https://versalpartners.com/properties/security-plus-storage/ Security Plus Storage is a 17,816 NRSF storage facility located in Orange, Texas, part of the Beaumont, Texas MSA. The facility is strategically located with frontage on TX Highway 12, 0.1 miles from TX Highway 62 and 6.5 miles from Interstate 10. Additionally, Security Plus Storage is located 0.4 miles from Market Basket Grocery Store and several other national retailers such as Dairy Queen, Sonic and Dollar General. Built in 1990 and expanded in 2022, the facility consists of 34 climate storage units and 85 non-climate storage units. The facility also has a 2,000 sq. ft. on-site shop that is leased year-to-year to a boutique shop and a month-to-month lease to a food truck that is parked onsite. Construction highlights include concrete and gravel driveways and steel and metal buildings. Security Plus Storage is fully equipped with gated entry with keypad access, perimeter fencing, security cameras, exterior lighting and an on-site office. Additionally, the facility has ample expansion room to add additional storage or retail buildings. The physical occupancy is currently 87% and the economic occupancy is 70%

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Security Plus Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

R25853

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.