Squeeze Penny Storage is a family owned storage business located in Collin County
within the ETJ of McKinney, Texas; one of the fastest growing cities in America. There
is potential for additional income as the current owner travels and has not been
focused on growing this business; current rental rates appear to be below market. The
Seller will consider giving the Buyer the First Right of Refusal to purchase the adjacent
house if the Seller decides to sell in the future. Seller prefers owner financing the
transaction and will consider staying on to help with the transition of the business to
the new owner for a period of time.

5.6024 Acres Total (three tracts)
24 – Self Storage Units
16 – Covered Storage Units
Approximately 100 open parking spaces
Security Fencing
Electronic Entrance Gate
Hard Packed Gravel Yard
Security Lighting
200 Amp Electrical

GROSS ANNUAL INCOME
AVERAGES: $99,240.00
ANNUAL EXPENSES AVERAGE:
$14,684.84
SALE PRICE: $1,600,000.00
OWNER FINANCING PREFERRED
TERMS: 30% DOWN, 25 YEAR
AMORTIZATION, 3.5% INTEREST

Location