Investment Overview
AAA Self Storage is a 20,345 NRSF self-storage facility situated on 2.26 acres in Lubbock, Texas. The property consists of seven storage buildings with 206 units, including 120 drive-up units and 86 climate-controlled units. The facility features an on-site office, fenced and gated keypad access, 24-hour video surveillance, security cameras, and wide drive aisles. Currently operating at 57.8% physical occupancy, the property offers a diverse unit mix in a well-established Lubbock market.
Investment Highlights
- 20,345 NRSF Self-Storage Facility | 2.26 Acres
- 206 Total Units | 120 Drive-Up & 86 Climate-Controlled Units
- 7 Storage Buildings
- 57.8% Physical Occupancy | Value-Add Investment Opportunity
- Below-Market Rental Rates | Significant Rental Growth Potential
- On-Site Office | Wide Drive Aisles
- Fenced & Gated Facility | Keypad Access | 24-Hour Video Surveillance
- Concrete Foundation | Metal Frame Construction
- Metal & Brick Exterior | Metal Roof | Metal & Brick Perimeter Fencing
- Approximately 9,753 VPD on N. Quaker Avenue
- 111,117 Residents Within a 5-Mile Radius | Projected 4.53% Population Growth
- Over 1,400 Planned or Under-Construction Residential Units Within 7 Miles
- Centrally Located Near Texas Tech University, Major Healthcare Employers & Regional Retail