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- LoopNet Team
9605 Avenue P
Lubbock, TX 79423
Stack It Up Self Storage · Specialty Property For Sale
·
35,400 SF
INVESTMENT HIGHLIGHTS
- Priced Below Replacement Cost
- Below Market Rates and Occupancy
- Located in a Growth and Traffic Area
- Strong U-Haul Dealer Income
- Tremendous Upside Potential
PROPERTY FACTS
| Property Type | Specialty | Building Size | 35,400 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1992 |
| Lot Size | 0.90 AC | Parking Ratio | 0.17/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 35,400 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Parking Ratio | 0.17/1,000 SF |
ABOUT 9605 AVENUE P , LUBBOCK, TX 79423
Stack It Up Storage is a Class B Self Storage facility consisting of 245 non-climate controlled units with 35,250 Net Rentable Square Feet. The property was built in 1992 and has gone through recent capital improvements. Stack It Up Storage is located just North of the lighted intersection of 98th Street and Avenue P. The facility is in close proximity to several new residential subdivisions including Fox Ridge and Bell Farms and a new apartment development called Bella Villas that combined will bring over 2,000 new residential and multi-family homes within a one (1) mile radius of this site. This opportunity presents tremendous upside potential in both rental rate and occupancy growth. Demographics show that the property is located in a heavily populated area with over 130,000 people living within a five (5) mile radius of the facility.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $269,812 | |
| Land Assessment | $3,147 | Total Assessment | $272,959 |
PROPERTY TAXES
