investment highlights
- RECENTLY CONSTRUCTED 2021 CLASS A FACILITY // The 454-unit, 56,425 net rentable square foot self-storage facility features numerous institutional quality features.
- BOOMING DFW SUBURB // Located in a high-growth north DFW expansion corridor, the current population of 34,362 is projected to grow 21.60 percent in the next five years.
- THREE NEW GROCERY STORES CONSTRUCTED WITHIN 1.5 MILES // Walmart Supercenter, Kroger Marketplace, and H-E-B all constructing state-of-the-art stores in the past three years signals the optimism prominent retailers feel about the area.
- AFFLUENT SUBURBAN DEMOGRAPHICS SUPPORTING LONG-TERM DEMAND // Average household incomes are $172,829 with a strong residential development pipeline nearby. Another driving force is the highly regarded Melissa ISD.
property summary
UpLift Self Storage – Melissa is a 454-unit, 56,425 net rentable square foot Class A self-storage facility completed in 2021 and strategically positioned within one of the fastest-growing residential corridors in the Dallas–Fort Worth metroplex. The property consists of eight single-story buildings offering a mix of climate-controlled and drive-up storage units designed to meet modern consumer demand.
The facility features institutional-quality construction including controlled gated access, professionally designed leasing and retail space, 24/7 video surveillance, concrete drive aisles, and durable metal roll-up doors throughout.
Melissa is in the path of the booming DFW northward population sprawl with a projected population growth of 21.60 in the next five years. Major retailers including grocers Kroger, Walmart and H-E-B, have taken note all opening locations within 1.5 miles of UpLift Self Storage in the last three years. There are other prominent real estate projects in the immediate area notably the new Dutch Bros Home Office which is across the street and a Buc-ees 5/10 of a mile from the facility. The facility sits less than a mile from US Highway 75 and Texas State Highway 121 with numerous single family and multifamily developments in its trade area. The Melissa ISD is a highly rated school district helping to attract 34,362 people in the three-mile radius with average household incomes exceeding $172,000 a year.
