Sands Investment Group is Pleased to Present Exclusively For Sale the 27,760 SF Mohave Storage Asset Located at 16 South Industrial Loop in Midland, TX. The Facility Was Converted Into a Self-Storage and is Already Leased Above 70% Occupancy, Providing For a Unique Investment.
Strong 3-Mile Income and Population Demographics; There Are 61,821 People in the Trade Area With an Average Income of $87,885
There’s Been a 12% Rental Rate Growth Over the Past 12 Months in the Trade Area (Data From Stortrack)
Capital Improvements Include a New Surveillance System, Power Gate, Signage, Additional Walls and Lighting
An Attractive $42/SF For Stabilized Product in TX
The Facility Was Converted Into a Self-Storage and is Already Leased Above 70% Occupancy
Midland is in the Permian Basin, Located Off Interstate 20, and is a Major Center For Oil and Gas Production.
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Tenant Overview
MOHAVE STORAGE
They offer a variety of larger vehicle units, commercial warehouses, and retail office spaces to fit your commercial needs in the Tri-State area of Mohave County, AZ. Large units with individual Lights + Outlets inside. Keypad Entry Powered Gate, New 24/7 Video Cameras, New LED Security Lighting, Barbed-wire Fencing.
Area Overview
Similar Listings of Interest
East Mission Self Storage | Fayetteville, AR
6622 East Mission Boulevard - Fayetteville, AR 72703