1957 Oak st - A&W Storage Solution
9,550 SF Specialty Building Offered at $895,000 at a 11.16% Cap Rate in Goliad, TX 77963
Investment Highlights
- New Construction - Opened July 2024
- 9,550 Net Rentable Square Feet
- Only Climate-Controlled Facility In Goliad
Executive Summary
Marcus & Millichap is pleased to exclusively offer for sale A&W Storage Solutions Goliad, located in Goliad, Texas.
A&W Storage Solutions is a new construction self-storage property consisting of 9,550 net-rentable square feet, maintains 44 climate-controlled units ranging from 100 square feet to 200 square feet, 23 non-climate controlled units ranging from 50 square feet to 250 square feet and 36 uncovered parking spaces. Open for leasing since July 2024, this single-story property allows investors to benefit from ongoing lease-up activity and rental rate growth across various unit sizes. Positioned on 1.5 acres, the property boasts a gated entry, with personalized gate access currently under construction and expected to be finalized by August 2024. As of July 2024, A&W Storage stands as the sole climate-controlled self-storage facility in Goliad, with only one other property under construction. Goliad, Texas, is the third oldest town in Texas and the county seat of Goliad County. Goliad is renowned for its historical significance, boasting 60 historical markers.
Goliad is located at the intersection of US 183 and US 59 between Beeville, Texas and Victoria, Texas. The subject property is located near the frontage of US 59 with an annual average daily traffic count of 7,250 vehicles. Goliad offers a diverse workforce comprised of farming and ranching, healthcare, education, and municipal offices. Major employers include La Bahia Nursing Home, Goliad Independent School District and Texas State Health Services.
A&W Storage Solutions is a new construction self-storage property consisting of 9,550 net-rentable square feet, maintains 44 climate-controlled units ranging from 100 square feet to 200 square feet, 23 non-climate controlled units ranging from 50 square feet to 250 square feet and 36 uncovered parking spaces. Open for leasing since July 2024, this single-story property allows investors to benefit from ongoing lease-up activity and rental rate growth across various unit sizes. Positioned on 1.5 acres, the property boasts a gated entry, with personalized gate access currently under construction and expected to be finalized by August 2024. As of July 2024, A&W Storage stands as the sole climate-controlled self-storage facility in Goliad, with only one other property under construction. Goliad, Texas, is the third oldest town in Texas and the county seat of Goliad County. Goliad is renowned for its historical significance, boasting 60 historical markers.
Goliad is located at the intersection of US 183 and US 59 between Beeville, Texas and Victoria, Texas. The subject property is located near the frontage of US 59 with an annual average daily traffic count of 7,250 vehicles. Goliad offers a diverse workforce comprised of farming and ranching, healthcare, education, and municipal offices. Major employers include La Bahia Nursing Home, Goliad Independent School District and Texas State Health Services.
Property Facts
Price | $895,000 |
Price Per SF | $94 |
Sale Type | Investment |
Cap Rate | 11.16% |
Property Type | Specialty |
Property Subtype | Self-Storage |
Lot Size | 1.50 AC |
Building Size | 9,550 SF |
No. Stories | 1 |
Year Built | 2024 |
1 of 1
PROPERTY TAXES
Parcel Number | 1001-151881-002046 | Improvements Assessment | $0 |
Land Assessment | $81,984 | Total Assessment | $81,984 |