Significantly Below Market Rents – 10% to 30%depending on unit size
Operational Upside – Streamline website booking and implement dynamic pricing
Fast growing suburban market in the Seattle MSA
Under served Storage Market – Only 5.3 SF /capita – 5 mile radius
Future Expansion Potential – Unoccupied Parking Units - ~2500 NRSF
Excellent Location – heavily trafficked retail area of Lake Stevens
Exceptional Demographics – 58,365 Population and $147,490 Average Household Income in 3-mile trade area
The Self-Storage Advisory Group of Cushman & Wakefield has successfully closed on the sale of this Self-Storage opportunity in Lake Stevens, WA.
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