EXCLUSIVE SELF-STORAGE OFFERING DISCOUNT STORAGE NEDERLAND 1420 S 21st Street Nederland, TX 77627

PRESENTED BY:

CRAIG RICE COLE RICE

CSD REALTY COMPANY 281-398-4588 OFC

Discount Storage is a 56 unit mini stor-

age facility totaling 10,560 s.f. on approx-

imately .57 acres in Nederland, Texas.

The five (5) metal over steel structures

were built in 2007 and 2010.

5 metal over steel buildings totaling 10,560 s.f.

Built in 2007 and 2010 on .57 acres

56 Units +Management Office (10x20)

All concrete drives

Fully fenced with electronic gated access

Well lit facility

Site Link Management Software

UPSIDE: Increase Rates & Occupancy, Property Website,

Online & Credit Card Payments, Revenue Management

OVERVIEW

PROPERTY DETAILS

PRICE: $525,000

PRICE/SQ. FT: $49.72

CAP RATE: 4.6% - 7.41% Proforma

GROSS AREA: 10,560 sq. ft.

NET RENTABLE AREA: 10,300 sq. ft.#

BUILDINGS: 5

# OF UNITS: 56 +Management Office

MANAGEMENT OFFICE: 10x20

LAND AREA: .57 Acres

OCCUPANCY: 70% physical 64% economic YEAR BUILT: 2007/2010

CONSTRUCTION: Metal over steel

DRIVES: Concrete

ACCESS CONTROL: Fully Fenced with Electronic Gates DRIVES: All Concrete

JEFFERSON CAD PARCEL: 75132

LOCATION

DISCOUNT STORAGE 1420 S 21ST ST, NEDERLAND, TX 77627 Estimated population of Nederland is 17,494. The overall median age is 38 years and median income is $75,134

Nederland, Texas is located in the heart of the Golden Triangle, between Beaumont, Port Arthur, and Orange, Texas along

the Sabine-Neches Waterway in Jefferson County. Part of a larger three county region which includes Jefferson, Orange,

and Hardin counties, Southeast Texas is located between Houston, Texas and Lake Charles, Louisiana.

Connected by Interstate Highway 10, as well as US Highways 69, 96, 90, 105 and 287 make easy access to Southeast Texas

and Southwest Louisiana markets reliable and efficient. The Sabine-Neches Waterway, the Intracoastal Waterway, and the

Gulf of Mexico provide water access to the region while the Jack Brooks Southeast Texas Regional Airport and Amtrack

provide air and rail service to the region.

UPSIDE POTENTIAL

Raise Rents—rental rates are at least 35%

below market

Institute revenue management system—

regular rental raises for existing tenants

Add online and credit card payments

Add property website

Establish marketing program

Improve curb appeal by upgrading existing

signage

MAPS

SITE LAYOUT