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8510 Highway 377
Benbrook, TX 76126
Benbrook Self-Storage Super Center-CubeSmart · Specialty Property For Sale · 101,964 SF

INVESTMENT HIGHLIGHTS

  • $14,900,000 with Goodwill; $12,900,000 CubeSmart only
  • No Climate-Controlled Competitors in trade area.
  • Fort Worth Naval Air Station with 11,000 active military/civilian personnel located less than 3 miles.
  • NEW 10-year Goodwill corporate store lease as symbiotic retail co-tenant.
  • City building moratorium on new self-storage construction.
  • Highly visible freeway location: 105k average daily traffic count.

PROPERTY FACTS

Property Type Specialty
Property Subtype
Self-Storage
  • General Retail Freestanding
Building Class C
Lot Size 6.15 AC
Building Size 101,964 SF
No. Stories 2
Year Built/Renovated 1997/2015
Parking Ratio 4.15/1,000 SF
Zoning HC - Highway Commercial

ABOUT 8510 HIGHWAY 377 , BENBROOK, TX 76126

PROPERTY SNAPSHOT We believe the subject property represents a significant investment opportunity for a number of compelling reasons, some of which are highlighted in more detail below: CubeSmart a 92,736 SF GLA “Class A” and 10,036 SF Goodwill with freeway location. Road expansion and upgrades were made over the last two years to support retail growth along the frontage streets. 65,000 SF of new retail across the street, Super Wal-Mart. Approx. 2,000 acres across the street under residential development. Underserved Storage Market: less than 2 SF per capita. National avg. is 7 SF. Affluent Neighborhood: Average family income of $105,000. In-fill location on Major Retail Corridor, adjacent to Super Wal-Mart, less than 5 miles from Texas Christian University with 20,000 students. 1 mile from Benbrook Mall. Adjacent to the proposed “Power Center”. 45% of the population consists of renters less than a 3-mile trade area. Located on/off-ramp to I-20 freeway [going home side]. Located at the confluence of I-20, I-377 and I-820 freeway systems. Cube Smart, the nation’s 3rd largest self-storage operator/owner, oversees the day to day operations. The store is branded as a “CubeSmart” storage facility. GEOGRAPHIC LOCATION Located just 14 miles from downtown Fort Worth, Benbrook is a fast-growing suburb with steady residential and commercial growth. Dallas/Fort Worth Metropolis is home to over 10,000 Corporate Headquarters – the largest concentration of Corp. HQ in the U.S.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42443642
Land Assessment
$4,018,650
Improvements Assessment
$4,483,800
Total Assessment
$8,502,450
  • Listing ID: 17871923

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 8510 Highway 377, Benbrook, TX 76126

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