The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of 1st Ave Self Storage in Seattle, WA.

1st Ave Self Storage is a 17,182 SF, 3 story self-storage facility on a 0.2 acre parcel and includes 202 heated storage units. The property also features a manager’s office and 44 mailboxes. Street parking around the facility is currently utilized for the Property’s U-Haul truck rental.

The Property is only 57% occupied by units and 69% occupied by square footage, offering significant upside potential. The property will further benefit by implementing more sophisticated management practices. Total self-storage supply on a 3 mile radius is only 4.34 NRSF/Person.

1st Ave Self Storage is located along 1st Avenue in the SODO district of Seattle; directly across the street from Starbucks Corporate Headquarters and less than a half-mile south of T-Mobile Park, home to the MLB’s Seattle Mariners, and Lumen Field, home to the NFL’s Seattle Seahawks. The location benefits from 1st Avenue’s close proximity to downtown Seattle and outstanding drive by exposure along 1st Ave; which runs the length of the city connecting Georgetown/South Park neighborhoods to the south, with the Seattle Center/Space Needle on the northside of downtown.