70,000-SF Centennial Storage sells in Frisco70,000-SF Centennial Storage sells in Friscohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=25602014-11-06T06:53:00Z2014-11-06T00:00:00Z

FRISCO - The 69,126-sf Centennial Storage at 12300 College Pkwy. has been sold.

The facility rests on approximately 4.8 acres and consists of 541 units, of which 259 are climate controlled (46 percent). The property is comprised of eight single-story buildings that were built in 2004.

The deal also included a separate, adjacent one-acre parcel of vacant land on which the buyer may construct additional units in order to accommodate the rising demand of the Frisco self-storage market.

Current amenities include 24-hour video surveillance, personalized keypad entry and exit gates, wide concrete driveways, fire sprinklers, perimeter lighting, garage-style roll up doors, standing seam metal roofs, a fortress-style perimeter and an on-site manager's residence.

A publicly-traded REIT purchased the property from a private investor.

Source: Marcus & Millichap Real Estate Investment Services

Marcus & Millichap Real Estate Investment Services
Dallas-Fort Worth-Arlington
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