For Sale
$6,900,000

8724 Fm 1417 Denison, TX 75020

High-Demand Self Storage; Excellent ROI

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 2023-built self-storage facility in Denison, Texas, presents a lucrative investment opportunity. Boasting 86,295 square feet, the property comprises 550 units, currently operating at 60% occupancy. The diverse unit mix includes climate-controlled and non-climate-controlled options, along with covered and uncovered RV/boat storage, catering to a wide range of customer needs. Strategically located at 8724 N. FM 1417, just outside the rapidly expanding Sherman and Denison city limits, this facility benefits from a prime location within a high-growth area. The asking price is $6,900,000. The property's modern construction and diverse unit offerings position it for strong future growth and increased profitability. Showings are by appointment only. This is a multi-tenant property in Grayson County, Texas, zip code 75020. The facility offers a compelling combination of immediate income generation and significant long-term potential. Don't miss this chance to acquire a high-performing asset in a thriving market.

Highlights

  • $6,900,000 Asking Price
  • 86,295 SF Self Storage Facility
  • 550 Units, 60% Occupancy
  • Multi-Tenant Property
  • Built in 2023
  • Located in Denison, TX (75020), near Sherman.

Property Details for 8724 Fm 1417

Property type
Warehouses, Self storage facilities
Square Feet
86,295 SF
Year Built
2023
Units
550

Location Insight

City
Denison
County
Grayson
State
Texas
Latitude
33.7451967
Longitude
-96.6457166

FAQs

What type of property is this?
Warehouse - High-Demand Self Storage; Excellent ROI
Where is the warehouse located?
The property is located at 8724 Fm 1417 Denison, TX.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: $6,900,000 Asking Price; 86,295 SF Self Storage Facility; 550 Units, 60% Occupancy
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8724 Fm 1417
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