Property summary
This exceptional Garland, Texas retail property, totaling 93,620 square feet, presents a compelling investment opportunity. The property consists of 14 buildings situated on a 2.36-acre lot, featuring 514 non-climate-controlled storage units and 5 commercial spaces. Currently boasting an 89% unit occupancy and a remarkable 107% economic occupancy, the commercial spaces maintain a 100% historical occupancy rate. The average non-climate unit size is 170 square feet. With 6,355 square feet currently vacant, this presents a chance to increase revenue. Built in 1973, the property includes concrete drives, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an on-site office, ensuring security and convenience. Its prime location in Garland, within the Dallas MSA, benefits from a strong demographic profile, with 415,550 people residing within a 5-mile radius and an average household income of $93,579. The property enjoys proximity to major retailers like McDonald's and Whataburger, and is conveniently located 0.2 miles from these establishments, 1.5 miles from Interstate 635, and 13.8 miles from downtown Dallas. The property is available for sale individually or as part of a larger portfolio. Dallas County APN numbers are 26277500010010000 and 26543700010010000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Z53 · Garland, TXZoning
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Zoning designation
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