Noah’s Ark Self Storage – San Antonio, Texas

Property Location

19130 Stone Oak Parkway
San Antonio, TX 78258

overview video

investment highlights

  • AFFLUENT STONE OAK LOCATION // The Average Household Income is $139,853 and the property is surrounded by schools, restaurants, and other national Retailers. The area is also a major medical corridor highlighted by Baptist Health System Hospitals. The 3 mile population is 72,127.
  • CLASS “A” MULTI-STORY FACILITY // The completely climate-controlled facility was constructed in 2013 and has 477 units that total 57,219 NRSF. The property has 4 stories that includes a basement level.
  • VISIBILITY ON STONE OAK PARKWAY // Noah’s Ark Self Storage Stone Oak sees daily traffic counts of 33,867 and is in a busy area approximately 1 mile north of Loop 1604 and 2/10 of a mile south of Huebner Road. Stone Oak Parkway is a primary thoroughfare that connects Loop 1604 and US Highway 281 which are two major freeways in San Antonio.
  • RISING ECONOMIC OCCUPANCY // The facility has seen economic occupancy rise 23 percent year over year from December 2020 to December 2021. Despite 3 new facilities being constructed in the trade area in 2019 and 2020 physical has occupancy risen 35 percentage points over the last 36 months.

property summary

Noah’s Ark Self Storage is an 57,219 net rentable square foot self-storage facility located in the affluent Stone Oak area in northern San Antonio, Texas. There is a total of 477 climate-controlled units The property sits on approximately 1.23 acres of land and is 1 four story building (there’s a basement below the entry level). The property was constructed in 2013 and has an attractive stucco and block façade along with many amenities commonly found in Class “A” self-storage facilities. There are multiple entrances with digital keypad access, a spacious on-site management office, video surveillance throughout the facility, hallway lights on motion sensors, and concrete driveways to name a few.

Noah’s Ark Self Storage serves a high demographic area of San Antonio with over 72,000 people living within a three-mile radius of the facility and an average household income of nearly $140,000. While nestled in the heart of Stone Oak, the facility also draws tenants from various well-appointed north central areas such as Hollywood Park and Timberwood Park.

Noah’s Ark Self Storage is visible from Stone Oak Parkway which is the primary thoroughfare in the area giving residents access to two freeways, Loop 1604 (San Antonio’s outer loop) and US 281. The facility is about 1 mile north of 1604 and around 2/10 of a mile south of the intersection of Huebner and Stone Oak Parkway. A combination of restaurants, major retailers, large schools, and major healthcare providers delivers daily traffic counts of close to 34,000 on Stone Oak Parkway. With 3 hospitals including the only pediatric dedicated emergency room in the north central San Antonio area The Baptist Health System has a large presence approximately ¼ mile to the south of Noah’s Ark.

The submarket saw 3 storage facilities constructed between 2019 and 2020 and economic occupancy at Noah’s Ark dropped below 50 percent in spring 2019. As a testament to the strength of the market and the quality of the facility, economic occupancy has surged back in fact 2021 saw a 23 percent year over year increase from 2020 and the facility is holding steady through the winter months at around 82 percent.

As of March 2022, the physical occupancy by square footage at Noah’s Ark Self Storage is approximately 89 percent.

Broker Information

Dave Knobler

Senior Vice President

Phone: 713.452.4293
Email: dknobler@marcusmillichap.com
License: TX 606252

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

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