Storage Sense Portfolio – McKinney, TX (Dallas MSA)

Property Location

1442 N Church Street
McKinney, TX 75069

Download Marketing Package

investment highlights – Church Street Location

  • Growing Submarket // Located in McKinney, Texas, the fourth fastest growing city in the country according to US Census Bureau estimates.
  • Poised for Growth // 15.56 percent population growth over the next years in the three mile trade area with a balanced square foot per capita of 7.3.
  • Revenue Growth // The facility has achieved excellent revenue gains over the trailing 12 months with strong momentum heading into Q4 2021.
  • Excellent Location // Visibility to a six-lane boulevard with over 33K passing cars per day with retailers such as Sam’s Club and Walmart in the immediate vicinity.
  • High Occupancy // The facility has a history of high occupancy and is currently sitting at 95 percent.

investment highlights – McDonald Street Location

  • Favorable Demos // 59K people and 22K households with $109k average HH incomes within three miles. 15 percent population growth forecasted over the next five years.
  • Operational Momentum // Revenue is up over seven percent in the second quarter of this year when compared to the trailing 12 months.
  • High Occupancy Trade Area // Currently 98 percent physically occupied with upside in raising rates bolstered by a favorable 6.58 square foot per capita.
  • Excellent Location // Located on a four-lane boulevard with over 30K passing cars per day. Just under a mile from McKinney National Airport and major retailers such as Kohls and Albertsons.
  • Desirable Layout and Unit Mix // First floor access across the entirety of the facility that offers climate control, standard drive-up storage as well as surface and canopy parking.

Broker Information

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Charles "Chico" LeClaire

Executive Managing Director

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

Dave Knobler

Senior Vice President

Phone: 713.452.4200
Email: dknobler@marcusmillichap.com
License: TX 606252

Tim Speck

Broker of Record

Phone: 972.328.5200
Email: tim.speck@marcusmillichap.com
License: 9002994

We're here for you. Let us know how we can help.

Contact The LeClaire-Schlosser Group