1801 Fm 1187, Aledo, TX 76008
184,520 SF Specialty Building Offered For Sale in Aledo, TX 76008
For Sale
Active
- Property Type
-
Specialty
- Square Feet
- 184,520 SF
Listing Contacts
Property Overview
To view Offering Memorandum and Due Diligence: https://selfstorageadvisory.com/properties/a-affordable-storage-aledo/
CBRE’s Self Storage Advisory Group is pleased to offer A-Affordable Storage - Aledo, an attractive self storage facility located in the Dallas, TX MSA. The facility features ground level drive up units and covered parking spaces. With 409 units spread across 184,520 net rentable square feet, the property sits on 19.8 acres, well-positioned for continued success in the self-storage industry.
The Dallas MSA is the #5 GMP MSA economy in the nation. A-Affordable Storage - Aledo is located on FM-1187 with a traffic count of 4,050 vehicles per day passing by the property. The facility has a strong rental history with 51.4% physical occupancy as of July 10, 2024. The property is located in a high income area, with the average 3-5 mile household income ranging from $170,678 to $184,198. Future population growth in the area is projected at nearly seven times the national rate.
CBRE’s Self Storage Advisory Group is pleased to offer A-Affordable Storage - Aledo, an attractive self storage facility located in the Dallas, TX MSA. The facility features ground level drive up units and covered parking spaces. With 409 units spread across 184,520 net rentable square feet, the property sits on 19.8 acres, well-positioned for continued success in the self-storage industry.
The Dallas MSA is the #5 GMP MSA economy in the nation. A-Affordable Storage - Aledo is located on FM-1187 with a traffic count of 4,050 vehicles per day passing by the property. The facility has a strong rental history with 51.4% physical occupancy as of July 10, 2024. The property is located in a high income area, with the average 3-5 mile household income ranging from $170,678 to $184,198. Future population growth in the area is projected at nearly seven times the national rate.
Property Details
- Year Built
- 2020
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 862,488 SF
Highlights
- Ability to Increase Occupancy: 51.4% Physically Occupied (July 10, 2024)
- Growing Residential Market: 4,104 Future Residential Units in Development Pipeline (5-Mile Radius)
- High Income Submarket: Average Household Income - $184,198 (5-Mile Radius)
- Large Master-Planned Development: Dean Ranch 2,000 Acre Mixed-use/Master-Planned Development
Nearby Properties
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