Class-A Storage Super Center, Sacramento MSA
8135 Watt Ave, Antelope, CA 95843

Price
Market Bid
NRSF
182,438
Irreplaceable Retail Location: Six lane thoroughfare w/ 60k+/- cars per day at the intersection of Watt Avenue and Elverta Rd. Our property has prime retail frontage and visibility along Watt Avenue, the major north south arterial in the trade area. Watt Avenue provides regional access to North Highlands submarket to I-80 and Highway 50.
High Submarket Population Growth: There are currently 52 builders in 169 new home communities in the Elverta area. The Placer Vineyards specific plan located to the immediate north is under construction with about 15,000+ new homes. Elverta park, located behind the property is under construction with 225 homes. Gibson cross also located behind the property is under construction with about 163 new homes.
Strong Co-Anchor: Tractor Supply (newly signed 15 year lease term 2020-2035) is a “storage magnet” bringing thousands of customers to the property each month, especially new home owners.
Recently expanded with, 106,875 NRSF of brand new class A storage construction added to the existing fully stabilized footprint

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of a one of a kind Class A Storage Super Center, with proven business plan, in the Sacramento MSA.

This curation several parcels to create the only Class A Self Storage Super Center in the local market area, currently managed by Life Storage, represents the opportunity for an investor to take advantage of the of lack of quality climatized self storage in a very dense, affluent submarket of Sacramento. High traffic counts,  lighted intersections, and significant footprint frame this asset in a high growth market as an irreplaceable deal.

Adjacent to a Walmart Super Center this asset has over 50k+ traffic count with no Climate Controlled competitors in the trade area. The 3 mile population exceeds over 82k persons currently with over 6,000 acres of planed residential development to the north of this facility, to potentially add over 60k new residents over the next several years.




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