Cushman & Wakefield’s Self Storage Advisory Group has been exclusively retained to offer for sale a recently constructed Self-Storage facility in Yukon, Oklahoma.

UStorageOK represents an exceptional opportunity to acquire a newly constructed self-storage facility in one of Oklahoma City’s most affluent and fastest-growing suburbs, Yukon, OK. Well positioned in a top 50 U.S. Metropolitan Statistical Area, the facility features both climate-controlled, standard storage, and fully enclosed boat/RV units. The opportunity has an exemplary historical lease up and includes
an additional 1.25 acres of land ready for expansion. Constructing a future 21,500-square-foot building expansion would offer an immediate 26% growth in revenue potential. With expansion plans included in the sale, the fenced-in land has been approved by the county for development. UStorageOK represents an exceptional opportunity to acquire a turnkey, owner-managed, class-A facility with a proven lease-up track record and substantial growth potential.

Newly constructed in 2019 on 6.1 acres, the facility is currently comprised of 194 climate-controlled units, 160 standard units, 121 enclosed boat/RV units, and 2 boat/ RV spaces. The facility contains 104,565 net rentable square feet covering 477 total units. The additional 1.25 acres of land provides a buyer the opportunity for expansion up to a total of roughly 125,000 net rentable square.

Overall, the facility has witnessed exceptional lease-up activity to date under the current owner/operator. The current physical and economic occupancies on the existing 104,565 square feet are 93% and 82.5%, respectively. The facility is equipped with a fully fenced perimeter, gated access, a state-of-the-art video surveillance system, and easy-to-maneuver drives for larger vehicles. The subject’s spacious office area consists of two manager’s offices and a showroom.

Located on Historic Route 66 (Main Street) in Yukon, OK, UStorageOK witnesses traffic counts of over 14,500 vehicles daily. As part of Canadian County, the fastest-growing region in Oklahoma, UStorageOK is surrounded by an excellent mixture of single-family residential communities and commercial developments meeting the needs of Yukon’s explosive growth.

Within the past several years the City of Yukon has consistently expanded, leading to a 3-mile average household income of $96,018 with the unemployment rate well below the national average at 2.2%.