facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Self Storage

/

Sale

/

11220 West Main Street

MyPlace Self Storage And Nuveen Acquire Self Storage Facility In La Porte From ExchangeRight
SOLDSelf Storage

MyPlace Self Storage And Nuveen Acquire Self Storage Facility In La Porte From ExchangeRight

11220 West Main Street

Building Size

55,775 SF

Asset Type

Self Storage

Closing

Jan 12, 2026

AI

The transaction involves the sale of a self-storage facility located at 11220 West Main Street, La Porte, Texas. The asset consists of 511 units across 11 buildings, totaling 55,775 square feet and situated on 4.37 acres. The facility includes 37% climate-controlled units and features 79 boat/RV parking spaces.

Summary of transaction details:

JLL Capital Markets facilitated the transaction, representing the sale of the Spencer Mini Storage facility. The partnership involves MyPlace Self Storage and Nuveen acquiring the property from ExchangeRight.

Players

Adam Roossien

JLL

Broker

$138.7M

vol

14 deals

Broker
Nuveen
NuveenBuyer
ExchangeRight
ExchangeRightSeller

La Porte Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93