Executive Summary

CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for Right Move Storage - Tomball, which consists of 346 units distributed across 79,900 net rentable square feet of ground level drive-up and interior climate-controlled storage space along with 720 net rentable square feet of open parking spaces. The facility is situated in a growing area boasting strong income, with a household income average of $164,198 and 3,500 future residential units in the development pipeline within a 5-mile radius.

Tomball, located northwest of Houston, is emerging as a vibrant suburban economy anchored by a diverse sector set. Lone Star College–Tomball, the region’s primary higher education institution, serves thousands each semester, reinforcing the local workforce and fueling growth. Looking ahead, Tomball is gearing up for new development and expansion, Ascendant Development has initiated construction on “Amplify Tomball,” a 170- unit luxury townhome community due to deliver in 2026, while the Tomball Legacy Square project repurposes a former church site into a $4.5 million arts and cultural hub. Together, these developments signal a forward momentum in education, housing, and infrastructure, positioning Tomball for sustained economic expansion.

Investment Highlights

NEW CONSTRUCTION WITH HUGE MANAGEMENT UPSIDE: Late Lease-Up Investment Opportunity. Current Street Rates of $130 Versus Local Market AVG of $219 (10X30 Drive-Up Units)

HIGH-GROWTH CORRIDOR - NORTHWEST HOUSTON: Tomball Benefits from Sustained Population Growth Driven by Continued Migration to the Northwest Houston Suburbs with 3,500 Future Residential Units in the Development Pipeline (5-Mile Radius)

CLOSE PROXIMITY TO MAJOR EMPLOYMENT & RETAIL NODES: Convenient Access to SH-249, Grand Parkway (99), and Local Retail Centers, Supporting Both Residential and Business Storage Demand
HIGH-INCOME SUB-MARKET: Average Household Income $164,198 (5-Mile Radius)

Buyer has the ability to create additional value at the property by converting existing 10’ x 30’ storage units into 10’ x 10’ units. This conversion is an efficient way to increase revenue without expanding the building footprint or losing any rentable square footage. Strategically, this unit conversion also strengthens the property’s market positioning. Smaller units typically appeal to a broader customer base, including residential tenants, apartment dwellers, small business users, and customers seeking lower monthly price points. By increasing the number of smaller-format units, the property should benefit from greater leasing velocity, improved merchandising flexibility, and stronger rent-per-square-foot performance. This aligns with a buyer’s broader revenue management strategy of optimizing unit mix to match customer demand and maximize income per rentable square foot.

Team

Brokerage Team

CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.

With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.


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