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Price: Market Bid

NRSF: 75,075

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Take advantage of the opportunity to acquire an all-new, modern self-storage property located in a commercial zone surrounded by a highly residential section of New Orleans. Affectionately known as “The Big Easy,” this Southern metro is home to 1,271,845 residents—making it the 46th largest city. The city has been steadily recovering since Hurricane Katrina in 2005. Now at 80% of its pre-Hurricane Katrina population levels and bolstered by maritime solid bulk cargo, oil, and tourism sectors, New Orleans is on pace to make a full recovery over the next few years.

Located on Agriculture St just off Elysian Fields Ave, this facility is situated in a heavily commercial area supported by almost 60,000 households within a three mile radius, conveniently next door to the Habitat for Humanity ReStore. This sleek, modern, 75,075 square-foot facility was completed in 2021 and has seen incredible lease-up velocity, so far. For convenience and peace of mind, climate-controlled units are available, and personal belongings are protected by a video surveillance system and electronic gate access. And, with a total of 819 rentable units, the facility offers considerable revenue growth opportunities with 49.1%/48.4% physical occupancy and economic occupancy at 22.70%.

Overall, this sale presents a rare opportunity for a savvy investor to acquire a new facility in a sought-after Southern metro area where self-storage demand continues to grow with the population.

Investment Highlights

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  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Fort Wayne, IN Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

NRSF: 39,900

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This presents a unique opportunity to acquire an established business with multiple upside opportunities. As of September 30th, the asset is 97.4% physically occupied. The facility is located in the fast-developing Pace community, which since 2010 has seen the population increase at a rate of 2.22% annually. This  percentage increase is higher than several notable cities reported figures in 2020 including Fort Worth, Texas, Mesa, Arizona, and even Tampa, FL. To support  this growth several housing developments have been created which will provide increased demand for self-storage in the coming years.

This 39,900 square-foot facility is conveniently situated off Luther Fowler road and Berry Hill Road, two major roadways which feature many of the new housing developments. The facility offers a mix of climate controlled and non-climate units to fit any customer’s needs. Personal belongings are protected by gated access and surveillance cameras. In total, this opportunity offers considerable upside in management, operations, and revenue enhancement.

The location also offers the potential for expansion due to the vacant lot also included in the sale. Based on a site plan provided by the current owner, an expansion created in this lot would double the NRSF of the facility for a total of 79,800. Synergies created by this expansion and more efficient management give this property the potential for massive increases to NOI and thus an outstanding return on investment.

INVESTMENT HIGHLIGHTS

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  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Phoenix MSA Self-Storage Portfolio opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

NRSF: 189,582

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The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Storage Center Portfolio. This offering presents a unique opportunity to acquire two (2) economically stabilized self-storage projects with significant room for rental growth in Tallahassee, Florida.

The Portfolio totals 189,582 in NRSF that includes 8,770 SF of Office Space and 20,880 SF of Warehouse Space. The portfolio offers a good mix of Climate and Non-Climate Units (42% of the storage units are climate) with Non-Climate units that offer Drive Up accessibility which is in high demand in the Florida market.

The population surrounding the sites exceeds 119,000 and the average household income is north of $60,000 within 5 miles. The portfolio has a combined
unit occupancy of 90% with rental rates well below market rents within the 3-mile radius and has shown strong historical occupancy. In addition, the portfolio offers the opportunity to increase non rental income to industry standard levels and provides an excellent opportunity for expanding your footprint in the sun belt, which has shown consistent growth in recent years. Both facilities are in Leon County which shows strong GDP growth, low unemployment, and potential for increased growth in the near term.

INVESTMENT HIGHLIGHTS

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Cascade, OR Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

NRSF: 57,025

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The Chattanooga Self-Storage Opportunity is a Class-A, purpose-built self-storage facility that opened in 2019. This 57,025 net rentable square foot facility includes 554 climate-controlled units along with 57 lockers. Located in the fourth largest city in Tennessee, this facility has benefited from the influx of  residents who are moving from other states looking for a more affordable place to live. In fact, in the last decade, Chattanooga has won 3 national awards for outstanding “livability”, and 9 Gunther Blue Ribbon Awards for excellence in housing and consolidated planning.

The facility is well located, less than one mile from the University of Tennessee at Chattanooga. This proximity ensures that seasonal demand will stay consistently high. Customers can also feel safe leaving belongings at the facility due to the advanced security features, such as video surveillance, security access to only the rented unit’s floor, individually alarmed storage units, and electronic gate access.

The 3-mile trade area features a population of 60,773 and an average income of $60,084. The population has been growing at a rate of 0.92% annually, with a notable 12.98% population increase since 2010. Currently, 44% of all housing units within the 3-mile radius are renter-occupied, compared with the 31.2% national average. This high proportion of renters will help to drive demand for short term and long-term storage solutions within the city.

INVESTMENT HIGHLIGHTS

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Chula Vista, CA Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

Price: Market Bid

NRSF: 96,187

[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]

The Roswell Self-Storage Opportunity is a Class A purpose-built self-storage facility that opened in January 2021. This 96,187 net rentable square foot facility includes 835 climate-controlled units along with one office space. The premier quality of the facility can be seen with one glance due to the high-quality brick exterior as well as the tastefully designed front office. There are 2 drive-up loading area located in the paved parking lot and have complimentary carts as well which makes customer accessibility a breeze.

The facility is near the city center area of Roswell, Georgia, across the street from the Roswell Police Department. The proximity to local law enforcement provides a further sense of security to customers visiting the location.

The 3-mile trade area has a population of 76,830 and a median income of $88,789. This high-income level yields significant support for discretionary spending within the city as well as future retail and housing developments. The population has been growing at a rate of 0.81% annually with a notable 9.68% population increase since 2010.

INVESTMENT HIGHLIGHTS

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Imperial, MO Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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New Proposed 10 Story Mixed Use Project in Downtown Core.

13-story mixed-use building planned for St. Pete’s EDGE District moves forward.

15-story apartment tower proposed for 1st Avenue North gets approved.

16-story Orange Station at the EDGE receives approval.

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SOLD

Market Bid

NRSF – 61,152

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Take advantage of the rare opportunity to acquire a modern self-storage property in the fast-growing Tampa Bay area. The metropolitan area is currently the eighteenth largest in the nation; 3.1 million residents call Tampa Bay home. St. Petersburg (St. Pete), the metro’s second-largest city, is growing at a rate of 0.33% annually with a notable 9.13% population increase since 2010. Multifamily rental rates have also skyrocketed to keep up with demand, exceeding 20% year over year growth in Q3 2021. Over 26 new Multifamily projects have been completed or are in planning in the 1.5 miles surrounding this core location since 2018, contributing to the downtown inventory growing by 25% in the past 5 years.

Built in 2018, this self-storage facility is located on 2nd Ave N near the intersection of Central Ave and 16th St N. The prime location is convenient for residents of St. Pete’s major neighborhoods, including the Downtown Core and Historic Kenwood, as well as students from the University of South Florida’s (USF) St Pete Campus is just 1.5 miles down the road. With an ideal size of 61,152 square feet of space, the facility accommodates a total of 582 rental units. Physical occupancy is 98.9/98.5% with economic occupancy at 72.11%, allowing for ample revenue growth opportunities as St Pete’s metro population continues to gain density.

The structure is outfitted with unique drive-thru access into the facility with state-of-the-art security features, such as electronic gate access, controlled floor access, and video surveillance. Additionally, a wide range of storage size options is available, along with climate-controlled units to guard against Florida’s heat and humidity.

Investment Highlights:

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Picayune, MS Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

Market Bid

NRSF – 87,295 

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The Self Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market for sale the Benbrook Self Storage Opportunity in the Dallas/Ft. Worth Metroplex.

The subject property represents a class A storage facility comprised of 87,295 rentable square feet on approximately 7 acres of land. The facility offers 957 climate-controlled units ranging from 16 square feet to 300 square feet. The site offers a wide variety of premium options to accommodate the thriving population in this underserved suburb of Benbrook, Texas. The building was constructed in 1997 and is currently leasing a portion of the parcel to Goodwill; this retail store just began a ten-year lease. The subject currently has excellent physical occupancies of 95 percent. To ensure secure storage, the property utilizes a 24-hour, state-of-the-art security system.

The subject property is impeccably located in a high-traffic location in Benbrook, which is a major suburban component of the Dallas/Ft. Worth Metroplex. The subject offers convenient ingress and egress from Benbrook Boulevard, a heavily-traveled roadway with over 37,000 vehicles per day. The facility offers excellent accessibility and premium visibility from Ronald Reagan Memorial Highway (I-20), with a robust traffic count exceeding 107,000 vehicles daily. Road expansion and corresponding upgrades were made over the last two years to support the area’s retail growth. The site is surrounded by several national retailers, including 65,000 square feet of new retail adjacent to the facility. The site is less than five miles from Texas Christian University (TCU), a major university with over 20,000 students. The site also benefits from an affluent three-mile household income exceeding $105,000, far surpassing the national average. Furthermore, there are over 52,000 individuals within three miles of the property.

The opportunity allows an investor the ability to acquire a stabilized storage asset with multiple upsides in a thriving residential district of Ft. Worth, Texas. A buyer can maximize profits by continuing to boost economic occupancies as the main storage provider in within the immediate vicinity. There is additional upside through bolstering the current tenant insurance program and implementing a truck rental program for additional revenue. The facility’s premium  amenities and limited competition paired with a bustling location in an affluent district comprises a turn-key investment positioned for consistent success and ample growth in the current and future market.

Investment Highlights:

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Maricopa, AZ Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

Price: Market Bid

NRSF: 101,185

[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_1″ layout=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” border_position=”all” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding_top=”” padding_right=”” padding_bottom=”” padding_left=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” center_content=”no” last=”no” min_height=”” hover_type=”none” link=””][fusion_text columns=”” column_min_width=”” column_spacing=”” rule_style=”default” rule_size=”” rule_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””]

On behalf of ownership, Cushman & Wakefield is pleased to offer for sale, REIT Managed Grant Avenue Self-Storage – Philadelphia.

This offering presents the rare opportunity to obtain a newly constructed Class A, facility within Philadelphia, PA. The asset provides 101,185 Net Rentable Square Feet in one of the nation’s most dynamic markets. In addition to storage revenue, the facility benefits from multiple other streams of income with a diversified set of NNN leases.

The REIT Managed Grant Avenue Self Storage is a single-story plus mezzanine, Class A storage asset in Philadelphia, PA currently in its second phase of lease-up after a recent expansion. The facility, located at 2901 Grant Avenue, Philadelphia, Pennsylvania offers 101,185 net rentable square feet among 1,208 units with an additional 20 RV Parking spots. The facility, which opened its first phase (65,050 leasable square feet) in March 2020, is strategically located within close proximity to Roosevelt Boulevard, a major retail thoroughfare. Population within the three-mile ring is 190,000, with 465,000 within five-miles. Property amenities include a wide variety of climate controlled units with easy access via 4 convenient loading areas; state of the art customer service area; electronic keypad ingress and high coverage video surveillance. With the initial phase over 85% occupied after 16 months, the Seller is developing the second phase, totaling 34,425 square feet, which will be delivered with a certificate of occupancy prior to closing. The expeditious lease up of phase 1 confirms that there is high, unmet demand for storage in this sub-market. This opportunity to acquire a brand-new storage asset with a newly delivered second phase, allows an investor the ability to capitalize on superior returns upon stabilization.

In addition to the traditional storage rental revenue, the subject property has multiple other streams of revenue. A childcare NNN lease, in place since February 1990 produces $168,756 yearly, with 3% annual increases. The lease is within its last option period, and the operator has expressed their desire to remain, long term. An LED Billboard lease will produce $30,000 yearly. The successful purchaser may also explore the use of a pad site for any number of retail occupiers.

Philadelphia is the largest city in the Commonwealth of Pennsylvania and the sixth-most populous city in the United States, with a 2019 estimated population of 1.579 million and more than 6 million in the seventh-largest metropolitan statistical area, as of 2019. Philadelphia is the economic and cultural anchor of the Delaware Valley, located along the lower Delaware and Schuylkill Rivers, within the Northeast megalopolis. The Delaware Valley’s population of 7.9 million ranks it as the eighth-largest combined statistical area in the United States.

INVESTMENT HIGHLIGHTS

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SOLD

NRSF: 92,060

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The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale the Lock-it-Down Self Storage opportunity in Killeen, TX. This potential purchase presents a unique opportunity to acquire a new nine building, single storage, C/O facility which will allow an owner to realize considerable upside in management, operations, and revenue.

Located at a hard corner intersection about an hour north of Austin, Killeen, Lock-It-Down Self Storage will serve about 58,000 people within its three-mile and is conveniently located about 3 miles south of I-14 with direct access off the interstate. This site sees 20,000+ cars per day off of Clear Creek Rd and 17,500+ cars per day off of W Stan Schlueter Loop due to a number of traffic generators such as such as McDonalds, Walmart and Starbucks. This property has easy access to major highways, a large regional airport, and also in close proximity to Ford Hood which is recognized as the #1 most populous U.S. Military Installation in the World. At 92,060 NRSF, this facility boasts 624 units and is conveniently located next to a newly built 2019 Thayer Point apartment complex that has already achieved 98% occupancy with its 265 units. Lock-it-Down offers a robust range of drive-up and climate-controlled units, as well as, RV parking with a dump  station to properly serve the steadily growing population. This facility represents an ideal investment within a growth market.

Investment Highlights

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  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Roswell, NM Self Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.
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SOLD

Price: Market Bid

NRSF: 86,490

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The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market for sale Avon Self-Storage in Hartford County, Connecticut.

The Subject represents an impeccably well-maintained storage facility comprised of 86,490 rentable square feet located at 190 Old Farms Road, Avon, Connecticut. The facility offers 413 climate-controlled units, 266 non-climate-controlled units for a total of 679 units. The single-story site offers a wide variety of ground level exterior drive-up, interior corridor and premium options to accommodate the affluent population in this district of Hartford, Connecticut. The subject has excellent physical occupancy of 97 percent which emphasizes the demand of storage within the trade area. To ensure secure storage, the property utilizes personalized keypad entry, monitored gate access, fencing and on-site management.

The subject property is impeccably located in the suburb of Avon, which is a desirable component of Hartford County. The facility benefits from a prosperous annual average household income exceeding $174,000 within three miles. Additionally, between the 2000 and 2010 Censuses there was a 1.2% annual growth, well surpassing the national average. The facility is located off Old Farms Road and offers prime visibility to those heading into or out of town. Avon Self Storage is located less than one mile south of Avon and Main Street which is the retail thoroughfare home to several national retailers, shopping centers, and restaurants drawing consistent traffic into the vicinity. Hartford County is a prominent district of the in Connecticut and New England as a whole and is ideally situated in North Central Connecticut with close proximity to Bradley International Airport and Springfield, Massachusetts.

The opportunity allows an investor the ability to acquire a stabilized storage asset with multiple upsides in a thriving location of the Hartford MSA. A buyer will benefit from limited competition within the immediate trade area; there is only 3.75 NRSF/Capita in the five-mile radius. The facility can further capitalize by raising rental rates on existing tenants to meet the comparable average, in turn raising the economic occupancy. The area’s limited supply and lucrative household income will justify rate increases. The facility’s premium location paired with excellent demographics and a strong demand for storage comprises a turn-key storage investment positioned for continued success for years to come.

INVESTMENT HIGHLIGHTS

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