Spencer Mini Storage

Property Title

11220 Spencer Hwy
La Porte, TX 77571

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investment highlights

  • Price: $5,900,000
  • Good Visibility – Over 750 Feet of Frontage on Spencer Highway
  • Population Projected to Increase by Eight Percent by 2023
  • Near Port of Houston and Other Prominent Economic Drivers
  • 4.68 Acres of Expansion Land Included
  • Median Household Income is $76,797

property summary

Spencer Mini Storage is a 56,875 net rentable square foot self storage facility located in La Porte, Texas, a southeastern Houston suburb.  The property sits on two parcels that total 9.05 acres of land and has 11 single story buildings. Out of the 9.05 acres, there are 4.68 acres of expansion land with close to 400 feet of frontage on Spencer Highway that is included in the sale. There are a total of 595 units composed of 226 climate controlled units (21,200 net rentable square feet), 286 non-climate units (35,675 net rentable square feet), and 83 parking spaces. One building was constructed in 1977, but 94 percent of the property was constructed between 1995 and 1999.

The property has many different amenities including, but not limited to, a gated entry with a digital keypad, full service on-site management office, video surveillance, asphalt driveways, and units with roll up doors.

Spencer Mini Storage has around 36,000 people living within a three mile radius of the facility and the population is expected to grow by about eight percent in the next five years. The property has over 750 feet of frontage on Spencer Highway and gets drive-by visibility from around 25,000 vehicles daily. Spencer Highway is a primary artery that connects the southeast Houston suburbs of Pasadena, Deer Park, and La Porte.

Broker Information

Dave Knobler

First Vice President

Phone: 713.452.4200
Email: dknobler@marcusmillichap.com
License: TX 606252

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

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