Lock-It-Down-Storage – Killeen, TX

Lock-It-Down-Storage – Killeen, TX2022-04-26T14:29:24-04:00

Project Description

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Lock-it-Down Self Storage opportunity in Killeen, TX.

SOLD

NRSF: 92,060

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Lock-it-Down Self Storage opportunity in Killeen, TX. This potential purchase presents a unique opportunity to acquire a new nine building, single storage, C/O facility which will allow an owner to realize considerable upside in management, operations, and revenue.

Located at a hard corner intersection about an hour north of Austin, Killeen, Lock-It-Down Self Storage will serve about 58,000 people within its three-mile and is conveniently located about 3 miles south of I-14 with direct access off the interstate. This site sees 20,000+ cars per day off of Clear Creek Rd and 17,500+ cars per day off of W Stan Schlueter Loop due to a number of traffic generators such as such as McDonalds, Walmart and Starbucks. This property has easy access to major highways, a large regional airport, and also in close proximity to Ford Hood which is recognized as the #1 most populous U.S. Military Installation in the World. At 92,060 NRSF, this facility boasts 624 units and is conveniently located next to a newly built 2019 Thayer Point apartment complex that has already achieved 98% occupancy with its 265 units. Lock-it-Down offers a robust range of drive-up and climate-controlled units, as well as, RV parking with a dumpĀ  station to properly serve the steadily growing population. This facility represents an ideal investment within a growth market.

Investment Highlights

  • Superb Visibility with 37,500+ Vehicles Per Day

  • Newly constructed facility