Self Storage Remains Stable Through Cycles

The self-storage facility will be located near the intersection of Beltway 8 and Westheimer Road.

HOUSTON—A five-story 132,350-square-foot self-storage facility will be at the center of Houston’s population growth upon completion. Total population within a 3-mile radius of the project at 10411 Westheimer Rd. grew 17% from 2000 to 2018 and now stands at nearly 200,000 people. It is expected to grow an additional 5.7% in the next five years. Near the intersection of Beltway 8 and Westheimer Road, the storage property will benefit from access and visibility, with more than 131,000 vehicles daily passing on Beltway 8 alone.

The site is located within the prominent Westchase submarket, an established business district surrounded by affluent residential neighborhoods including Briar Forest, Memorial Villages and Briar Meadow. The average annual household income within a 3-mile radius of the project is approximately $91,300.