Brownsville, TX
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Smartlock Storage in Brownsville, TX features 12,276 square feet of climate-controlled storage units and maintains a stabilized economic occupancy of over 90%. Additionally, the adjoining 21,294 SF retail space was recently leased on a three-year term.
The facility is ideally situated directly off Interstate 69, offering excellent visibility and accessibility. This presents a compelling opportunity for a buyer to increase rental rates, which remain below market due to recent lease-up activity, and to explore options for either converting the retail space or negotiating an extension with the current tenant.