The Cushman & Wakefield Self-Storage Advisory Group is pleased to present the exclusive offering of Modern Day Storage, a newly constructed, Class A self-storage facility located in Piedmont, Oklahoma, one of the fastest-growing suburbs within the Oklahoma City Metropolitan Statistical Area—the 41st largest MSA in the U.S.

This investment represents a rare opportunity to acquire a turnkey facility at replacement cost, with significant lease-up and rate growth potential in a rapidly expanding market.

Delivered in July 2024, the facility offers 75,745 net rentable square feet across 475 standard storage units and 10 Boat & RV parking spaces. Designed with modern amenities, including digital locks and state-of-the-art security, Modern Day Storage is remotely managed and well-positioned for professional oversight to drive accelerated performance and growth.

Strategically located along Northwest Expressway, a key arterial road with visibility to more than 8,800 vehicles per day, the property benefits from strong traffic exposure and close proximity to a local elementary school. The surrounding trade area has experienced significant residential growth over the last decade, with continued development projected in the years ahead. The 3-mile trade area boasts a median household income over $89,000, supported by over 4% average annual population growth during the past 15 years.

Currently in the early stages of lease-up, the facility offers a strong foundation with physical occupancy at 12.8% and economic occupancy at 10.8%. This stage of the lease-up presents a compelling opportunity to capture upside through unit absorption and rental rate growth. With limited competition in the immediate trade area, the property stands out as a high-quality, Class A facility in a dynamic, underserved market.