Cushman & Wakefield’s Self-Storage Advisory Group is pleased to present a premier investment opportunity—Batavia Self Storage, a newly developed, state-of-the-art self-storage facility located in Batavia, Illinois.

This facility, a former Sam’s Club, has been converted into a Class-A, two-story, climate-controlled self-storage asset offering 99,247 NRSF and 967 units. Scheduled to receive its certificate of occupancy in summer 2025, Batavia Self Storage is projected to achieve stabilization by year 4, with Effective Gross Income of nearly $2.3M. The facility is situated on over 8 acres, giving ownership the option to add an additional revenue stream with truck rentals. The property features a large drive-in bay for added customer convenience, along with a weather protected drive-through on the ground floor.

Located 40 miles west of downtown Chicago, Batavia is a highly desirable community in Kane County. The local 3-mile trade area boasts a population of more than 48,000 people, with a median household income exceeding $120,000. This highly sought-after suburban area combines a convenient commute to Chicago with a quiet, family-friendly environment. The property benefits from its strategic position along the Randall Road corridor, a major commercial artery home to national retailers, grocery stores, and service businesses, all of which drive consistent consumer traffic.

What sets this facility apart is that it is the only fully climate-controlled self-storage facility within a 3-mile radius, providing a critical service to local residents and businesses in an area with limited self-storage options. The barriers to entry in this market are significant, with limited available land for new self-storage developments, making this facility uniquely positioned to capture and grow market share rapidly. This scarcity, combined with high demand for climate-controlled storage, will allow the facility to command premium rental rates and experience strong rent growth over time.

With above-average rental rates and limited self-storage square footage per capita, this facility is positioned to capitalize on the growing demand for climate-controlled storage solutions. The ongoing residential and commercial developments in the area further reinforce the facility’s long-term growth potential.