Newly Constructed Oklahoma City MSA Self-Storage Opportunity – Piedmont, OK
14001 Northwood Dr, Piedmont, OK 73078

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Price
Market Bid
NRSF
75,745
Newly Constructed
Piedmont, OK
New Construction – Delivered in July 2024, the Class A facility features modern construction, digital locks, and advanced security throughout.
Pricing at Replacement Cost – Offered below market pricing per square foot, providing long-term value and immediate equity potential.
Strong Market Demographics – Located in Piedmont, a high-growth suburb with 3-mile median household income over $89,000 and a consistent 4% annual population growth over the past 15 years.
Turnkey & Remote Managed – Fully operational and remotely managed, presenting operational efficiencies and room for optimization under professional management.
Lease-Up and Rate Growth Potential – Early lease-up phase offers substantial upside in both occupancy and rental rates.
Undersupplied Trade Area – Limited self-storage competition supports favorable long-term supply-demand dynamics.

The Cushman & Wakefield Self-Storage Advisory Group is pleased to present the exclusive offering of Modern Day Storage, a newly constructed, Class A self-storage facility located in Piedmont, Oklahoma, one of the fastest-growing suburbs within the Oklahoma City Metropolitan Statistical Area—the 41st largest MSA in the U.S.

This investment represents a rare opportunity to acquire a turnkey facility at replacement cost, with significant lease-up and rate growth potential in a rapidly expanding market.

Delivered in July 2024, the facility offers 75,745 net rentable square feet across 475 standard storage units and 10 Boat & RV parking spaces. Designed with modern amenities, including digital locks and state-of-the-art security, Modern Day Storage is remotely managed and well-positioned for professional oversight to drive accelerated performance and growth.

Strategically located along Northwest Expressway, a key arterial road with visibility to more than 8,800 vehicles per day, the property benefits from strong traffic exposure and close proximity to a local elementary school. The surrounding trade area has experienced significant residential growth over the last decade, with continued development projected in the years ahead. The 3-mile trade area boasts a median household income over $89,000, supported by over 4% average annual population growth during the past 15 years.

Currently in the early stages of lease-up, the facility offers a strong foundation with physical occupancy at 12.8% and economic occupancy at 10.8%. This stage of the lease-up presents a compelling opportunity to capture upside through unit absorption and rental rate growth. With limited competition in the immediate trade area, the property stands out as a high-quality, Class A facility in a dynamic, underserved market.

Piedmont, OK

  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Piedmont, OK Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.



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