Austin Road Self Storage
Manteca, CA
Executive Summary
Summary
- Price $11,400,000
- Address 183 S Austin Rd, Manteca, CA 95336
- Cap Rate 3.05%
- Rentable Square Feet 48,650
- Acreage 2.76
- Number of Units 373
- Number of Buildings 14
- Year Built 2022
- Traffic Count 16,871
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
The Elite Storage Group of Calvary Realty is proud to present Austin Road Self Storage, a premium Class-A storage facility located at 183 S Austin Road in Manteca, California. Positioned within the growing Stockton-Lodi Metropolitan Statistical Area, this facility is strategically located near major highways and new residential developments, including a 797-home Lennar community. Built in 2022, the property spans 2.76 acres and offers 48,650 rentable square feet of storage space across 373 units, with a current physical occupancy of 85%. The modern construction features nine metal and steel buildings designed for optimal functionality and tenant convenience, with all units offering drive-up access.
Austin Road Self Storage includes advanced security features, such as motion detectors, providing a safe and secure environment for tenants. The facility also boasts an on-site management office and apartment, making it convenient for operations and customer service. With below-market rents and occupancy reaching 85% in less than two years, there is significant upside potential for investors to capitalize on continued growth. The average household income in the area is $118K, and the property benefits from high traffic visibility, with a count of 16,871 vehicles passing daily on nearby Austin Road.
This trophy property represents a strong investment opportunity in a rapidly expanding area. The facility's prime location, excellent build quality, and proximity to major urban centers like Sacramento, San Francisco, and San Jose make it a rare asset in the self-storage market. Priced at $11,400,000 with a cap rate of 3.05%, Austin Road Self Storage is well-positioned for long-term success and future appreciation.