New Construction Self-Storage Opportunity – Aurora, OR
14693 Ottaway Rd NE, Aurora, OR 97002

Price
$4,100,000
NRSF
31,875
Aurora, OR
New Construction
New Construction – C/O received February 2024
Prominent Location on Hwy 99E with 7,200+ vehicles per day
High growth exurb along I-5 corridor immediately south of Portland MSA
21% population growth since 2000 (5-mile radius)
Expansion potential - adjacent 0.5-acre parcel available separately
Limited Competition - Only facility in Aurora, one of only three in 3-mile radius
Attractive Acquisition Basis

Cushman & Wakefield’s Self-Storage Advisory Group has been retained as exclusive advisors to offer for sale the Small Town Self Storage.

Small Town Storage-Aurora is a newly completed facility, comprised of 282 units totaling 31,875 rentable square feet on approximately 1.81 acres
of land. The facility offers single story, drive-up configuration with an average unit size of 113 SF. Small Town Storage is the only self-storage property in the town of Aurora and one of only three facilities in a 3-mile radius.

Aurora is located just south of Portland, Oregon in a high growth cluster of communities along the I-5 corridor benefiting from its convenient location, affordable housing, and expansion of industrial and manufacturing users. The property offers excellent visibility on Highway 99E. Additionally, an adjacent 0.5-acre corner parcel is available separately and would make a logical expansion opportunity.

The asset quality and visibility, I-5 corridor location, attractive acquisition basis, and significant upside potential make this an ideal value add investment opportunity.




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