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35,000 SF Storage Facility

3000 NE Main St Ennis, TX 75119

3000 NE Main St, Ennis, TX, 75119
Contact for pricing
For Sale
Contact for pricing
Pending

Storage facility in DFW suburb, 97% physically occupied.

Property Size35,100 SF
Days on Market135

Property Features for 3000 NE Main St

General Information

Standard status
Pending
Size
35,100 SF
Property subtype
Self Storage

Building Details

Year Built
2004
Listing Agency Marcus & Millichap - Fort Worth
Listed by Danny Cunningham · License #TX 635835
Source Crexi
Added: Mar 5 Checked: Jul 17 at 1:29 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Worth


Investment Insights

Based on property information with market context.

This property features a 35,000 square foot storage facility. It is located in a DFW suburb and is currently 97% physically occupied. The property is suitable for commercial real estate and industrial purposes.

Key Highlights

  • 35,000 SF Storage Facility
  • Located in DFW Suburb
  • 97% Physically Occupied

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $285.0k $8.12
− Vacancy −$25.1k −$0.71
EGI $259.9k $7.41
− OpEx −$78.0k −$2.22
NOI $182.0k $5.18
35,100 SF · lease $8.12/SF/yr · vacancy 8.80% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$4.55M
$3.98M – $5.31M (±1% cap)
NOI $318,427 @ 7.0% cap · market cap 9.80%
Second Best
Industrial
$2.60M
$2.27M – $3.03M (±1% cap)
NOI $181,952 @ 7.0% cap · market cap 5.60%
Theoretical Best
Multifamily LT 5
$383.00M
$335.12M – $446.83M (±1% cap)
NOI $26,809,919 @ 7.0% cap · market cap 824.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Storage Center Storage Facility

Suggested Use

Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center HVAC Service Building Supply Pharmacy Gym & Fitness Center Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - Storage facility in DFW suburb, 97% physically occupied.
Where is this self storage facility located?
The property is located at 3000 NE Main St Ennis, TX.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 35,000 SF Storage Facility; Located in DFW Suburb; 97% Physically Occupied
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