1516 Lone Star Rd
Mansfield, TX 76063
Lone Star Self Storage · Specialty Property For Sale · 27,452 SF

Lone Star Self Storage is a class “A” self-storage facility located at an irreplaceable hard corner in the growing city of Mansfield, Texas. Mansfield is located twenty-two miles south of Fort Worth along Highway 287. The facility is located on Lone Star Road at South Main Street. Lone Start Road is an east-west corridor less than 0.1 mile from Highway 287. Because of the excellent frontage and location, Lone Star Self Storage has the potential to be redeveloped into a c-store or retail pad site. Situated on 2.06 acres the facility all non-climate drive-up units. Construction highlights include steel framing, metal partitions and a metal screw-down roof. Included with the offering is a single-story 2-bedroom house. The house is currently rented on a month to month basis. There is a small area of additional land where portable units or outdoor parking could be added. Current physical occupancy is 100% and economic occupancy is 82%. Rental rates are slightly below market and current ownership has been lax about raising rents on existing tenants. Multiple $100mm + developments are in various stages of development surrounding Lone Star Self Storage. M3 Ranch (821 acres), Greenway Trails (915 lots) and Window Hills (5,000+ lots) are just a few of the developments. A large medical, hospital and retail development is planned directly adjacent to Lone Star Self Storage.