$6,000,000 | 60,369 SF | Store It All Self Storage - Mesquite

Colliers is pleased to present Store It All Self Storage – Mesquite, an attractive opportunity to acquire a well‑located, value‑add self‑storage facility within the highly populated and supply‑constrained East Dallas submarket. The property benefits from strong visibility, convenient access, and meaningful traffic exposure along a primary thoroughfare, allowing it to efficiently serve dense residential neighborhoods throughout Mesquite and the surrounding East Dallas area. With stable in‑place cash flow, below‑market rental rates, and multiple value‑creation levers, the asset is well suited for investors seeking near‑term income growth and long‑term appreciation. The availability of seller financing further enhances the opportunity by providing a compelling and flexible capital structure in today’s lending environment.

The facility sits on approximately 4.16 acres and is comprised of roughly 60,369 rentable square feet across 553 units. It consists of twelve single‑story metal buildings originally constructed in 1984 and is configured entirely as non‑climate‑controlled storage.  Store It All offers a comprehensive set of tenant amenities, including secure sliding gate and keycode access, a professionally appointed management office with on-site two-bedroom manager’s quarters, extensive video surveillance coverage with thirteen cameras, wide concrete drive aisles, and enhanced security lighting throughout the premises.

Demographically, the trade area is well positioned to support long‑term performance. More than 341,000 residents live within a five‑mile radius, with a high concentration of renter households and steadily rising home values. Average household incomes exceed $90,000 within the broader trade area, reflecting a stable and diverse customer base. Importantly, self‑storage supply remains constrained, with total market saturation of approximately 8.23 square feet per capita, supporting continued occupancy strength and rental rate growth.

The asset is offered at $6,000,000, representing a basis of roughly $99 per rentable square foot, well below estimated replacement cost. In‑place net operating income totals approximately $359,000, equating to an in‑place cap rate near 6.0%. With improved occupancy, structured rent increases, and enhanced ancillary income, and the modeled seller financing, the purchaser should achieve a 7 year leveraged IRR that exceeds 20%. 

A key differentiator of the offering is the availability of seller financing, structured to enhance returns and reduce upfront capital requirements. Proposed terms include 65% loan‑to‑value financing with an interest rate of 6.0%, featuring an initial two‑year interest‑only period followed by amortization on a 25‑year schedule and a seven‑year balloon. This structure allows investors to focus on stabilization and income growth during the early stages of ownership while benefiting from elevated cash flow.

In summary, Store It All Self Storage offers a compelling combination of in‑place income, value‑add potential, expansion opportunity, and favorable seller financing in a dense Dallas‑area infill location. The asset is well positioned to deliver resilient cash flow and long‑term value creation for private investors, operators, and 1031 exchange buyers.