Pro Storage of Jacksonville

Property Address: 1300 E Rusk Street, Jacksonville, TX 75766

Oakside Companies, in cooperation with Jennifer Stein Real Estate, is pleased to present Pro Storage of Jacksonville, a 491-unit, 102,507 NRSF self-storage and mixed-use asset situated on 6.45 acres in Jacksonville, the largest city in Cherokee County and the commercial hub of East Texas. Originally built in 1964 and comprehensively renovated in 2024, the property features a predominantly interior, climate-controlled self-storage facility complemented by RV/boat parking and commercial space. Located within Jacksonville's primary retail corridor, the asset benefits from strong visibility and convenient access to major transportation routes, serving a broad residential and commercial customer base. The property represents an opportunity to acquire a recently renovated institutional-quality asset with multiple avenues for future value creation through continued operational execution and leasing.

INVESTMENT HIGHLIGHTS

• Currently in a prime lease-up phase at 43% physical occupancy and 30% economic occupancy, offering immediate operational upside to capture deep market demand and rapidly scale net operating income (NOI)
• Recently and fully renovated in 2024, delivering an institutional-quality, climate-controlled asset in strong physical condition that lets a buyer focus on revenue growth rather than capital improvements
• Dominant trade-area position, comprising approximately 87% of the climate-controlled self-storage supply in the immediate trade area, with no new self-storage projects identified within a 20-mile radius
• Direct high-visibility frontage on East Rusk Street (US Highway 79, ~11,000 VPD), Jacksonville's primary east-west commercial artery, with proximity to US Highway 69 (~22,000 VPD) near local schools and daily-consumer traffic
• Two commercial spaces (8,000 SF and 27,000 SF) provide an additional, high-value income stream, with the vacant 27,000 SF suite representing significant untapped upside
• Diversified 491-unit mix across 102,507 NRSF, spanning interior climate-controlled units and outdoor RV/boat parking, with in-place rents running roughly 17% below market
• Strategically located in the commercial and employment center of Cherokee County, anchored by CHRISTUS Mother Frances Hospital, Jacksonville ISD, and a diversified manufacturing base