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This facility presents the rare opportunity to serve a growing population in the Northeast’s second most populous city. Rated as the third trendiest and most affordable city in the nation by Realtor.com, Philadelphia is quickly becoming recognized for trend-setting developments. In 2022, the nation’s first esports campus and arena opened in the heart of the city. A string of new breweries, pubs and restaurants also recently invested in the City of Brotherly Love, including Liberty Point—a multi-story waterfront restaurant adjacent to the famed Independence Seaport Museum.
New attractions bring new residents, which creates a near-constant demand for self-storage. 22,766 residents are located within a one-mile radius of the facility with a median household income of $75,092.
Built in 2021, this modern, 104,075 square-foot facility hosts 1105 units. For tenant convenience, this facility offers drive-in loading and is 100% climate controlled. The current Physical Occupancy is 63.0%, while the Economic Occupancy resides at 40.2%.
This property is located just one mile from I-95 which sees upwards of 118,000 vehicles per day and is visible from Woodhaven Rd (64,000+ vehicles per day). It is situated within the highly trafficked Liberty Plaza shopping complex, which features Dick’s Sporting Goods, Raymour & Flanigan Furniture and Mattress Store, Valet Auto Wash and other popular retailers.