940 Mill StLewisville, TX 75057

This exceptional self-storage facility in Lewisville, Texas, boasts 87,350 square feet of rentable space, distributed across 569 units within 19 buildings on a 2.77-acre lot. Built in 1984 and 1999, the property features 51 climate-controlled units and 496 non-climate-controlled units, averaging 71 and 141 square feet respectively. An additional 14,050 square feet is dedicated to office/warehouse space, with a potential for conversion of a 588 square foot apartment into additional storage. The facility currently enjoys a 79% economic occupancy rate. Security features include gated keypad access, exterior lighting, perimeter fencing, and security cameras. Concrete drives and an on-site office enhance convenience. The property benefits from a highly desirable location, just 0.7 miles from I-35, 1 mile from Old Town/Downtown Lewisville, 1.8 miles from Highway 121, and 2.4 miles from major retailers like Sam's Club and Walmart. The surrounding area boasts a strong demographic profile, with 190,445 people residing within a 5-mile radius and an average household income of $120,929. Recent capital improvements include upgrades to lighting, fencing, and doors. The property is conveniently located 6.5 miles from the Sam Rayburn Toll Road and 14.5 miles from DFW International Airport. This property is offered for sale individually or as part of a portfolio.