213-613-3223
3900 E University Dr, Denton, TX for Sale
Self-Storage Facilities - FOR SALE
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3900 E University Dr
Denton, TX 76208


HIGHLIGHTS

  • High Visibility Site: 39,938 VPD Traffic Count (East University Drive / Highway 377 / Highway 380)
  • Superior MSA Economic Growth: The Dallas-Fort Worth MSA is #1 for Job Growth and the #4 GMP Economy in the Nation
  • Rapidly Growing Area: 1-Mile Future Population Growth Projected at 10 Times the National Rate and 8,814 Future Residential Units in 5mi Pipeline
  • Strong Income Submarket: Average Household Income $96,267 (1-Mile Radius)

OVERVIEW

View Offering Memorandum and Due Diligence: https://selfstorageadvisory.com/properties/denton-380-storage/ Offered by CBRE’s Self Storage Advisory Group, this asset presents a unique opportunity for an investor to acquire a Class A self-storage facility located in Denton, TX. 380 Storage was rated one of the Best Storage Unit Facilities in Denton 2021 by Expertise.Com and is a current Texas Self Storage Association member. The facility consists of 697 units spread across 78,475 net rentable square feet situated on 17.8 acres of land featuring ground level drive up units and interior climate controlled units along with open and covered parking. The city of Denton is located in the Dallas-Fort Worth MSA, the #1 metro for job growth and the #4 market for gross metro product in the nation. 380 Storage is located on East University Drive / Highway 377 / Highway 380, which offers high site visibility with traffic counts of 39,938 vehicles per day passing by the property. The immediate area around the facility is experiencing explosive growth, with the 1-mile future population growth projected at 10 times the national rate. The local area has nice demographics, with 118,105 people in a 5-mile radius and an average 5-mile household income of $93,316. The MSA’s top tier economic performance and soaring job market along with the remarkable local population growth places the facility in an optimal position for continued success in the rapidly expanding self storage market. Broker of Record: Adam Alexander TX Lic. 691859

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

380 Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.8 AC

LAND SF

775,368 SF

ZONING

-

APN/PARCEL ID

R729150

ASK ABOUT THIS PROPERTY

Nicholas WalkerCBRE, Inc.More Info
213-613-3223

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Nicholas WalkerCBRE, Inc.More Info
213-613-3223

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