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We are thrilled to announce the newest addition to our fleet at 2 the Moon Ventures: Caddo Ark Storage. Located in the bustling industrial submarket of Garland, TX, Caddo Ark Storage is a prime self-storage facility with a sprawling 50,000 sq. ft. of space. This facility is set to benefit greatly from our investment and support, enabling it to reach new heights.
Caddo Ark Storage offers a diverse range of unit types and sizes, catering specifically to commercial and industrial tenants. With an impressive average unit size of over 600 sq. ft., the facility competes directly with the more expensive flex and industrial spaces in the vicinity. This unique positioning allows Caddo Ark Storage to attract a steady stream of long-term tenants with an average tenure of over three years.
We see immense potential in Caddo Ark Storage, particularly due to its long-term "Mom & Pop" ownership and management spanning 18 years. This presents a plethora of exciting growth opportunities that we are eager to help them pursue. For example, the Caddo Ark Storage team is diligently developing and executing a comprehensive renovation plan. This plan includes a complete exterior paint job, newly paved asphalt, updated signage, a full rebranding, and much more.
We are excited to embark on this journey with Caddo Ark Storage, bringing our expertise and resources to help them thrive. Stay tuned for updates as we help this business unlock its full potential.
Welcome aboard, Caddo Ark Storage!
