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15741 Interstate 35 Frontage Rd, Salado, TX, 76571

Salado Airport Storage
Closed

Key Information

Tot. SF
24,200
Year Built
1997
Type
Self Storage

Highlights

INVESTMENT HIGHLIGHTS

  • Significant capital improvements made to the industrial warehouse, including a new sign and new exterior metal and façade
  • Visibility and access from Interstate 35, which sees over ±68,000 VPD
  • Very attractive year two and year three yields projecting a year two 9.65% cap rate and year three 10.85% cap rate
  • Affluent area with average household incomes above $101,000 in a 3-mile radius
  • 3.70% annual population growth for each of the last 4 years, with projected annual growth of 2.60% until 2029

Photos

Location

Agents

Financing Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc.
8300 Douglas Ave., Ste. 750, Dallas, TX 75225