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Exclusively Listed By:
EquiCap Commercial and
Argus Self Storage Advisors

DEAL SUMMARY

List Price:  Determined by Market

NRSF:        49,380

Units:         379

Acres:        7.73

 

INVESTMENT HIGHLIGHTS

  • PRIME LOCATION // Located in a well populated market with car counts around 10K vehicles/day

  • STRONG DEMOS // The five-mile trade area boasts 75,016 people and 28,509 households. Five-year population growth is projected at 2.49 percent supporting future demand for self storage

  • FAVORABLE SUPPLY INDEX // The three-mile supply index is 6.05 sq feet per capita, while the five-mile is only 4.74 sq feet per capita (note: there is one new 52,475 sf climate-controlled conversion planned 3.45 miles away)

  • TOP OF CLASS FINISHES // Premium class construction and amenities, including; On-stie office, 2 bedroom apartment, gated PTI system and fenced, 24 security, and completely paved.

  • OPERATION OPPORTUNITY // Opportunity to add online rentals, admin fees, tenant insurance. Also, current ownership does not raise rents on legacy tenants, and has not had a rate increase in 10 years

  • EXPANSION OPPORTUNITY // Possible opportunity to expand on the 3+ acres on the back side of the property, buyer needs to confirm with the County

Zion, Illinois

Capt'n Hook's Storage

JUST LISTED