DEAL SUMMARY

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List Price:  Determined by Market

NRSF:        81,882 + 5,571 NNN Tenant

Units:         805

Acres:        4.16 + .95 acre expansion lot

INVESTMENT HIGHLIGHTS

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• PRIME LOCATION // Located in a densely populated market with car counts exceeding 18K vehicles per day.

• EXCELLENT DEMOS // The three-mile trade area boasts 91.6K+, 47K+ households. The five-mile trade area boasts 240K+ people, 119K+ households.

• FAVORABLE SUPPLY INDEX // The three-mile supply index is 5.46 sq ft per capita, with only 1.8 sq ft being climate-controlled. While the five-mile is only 4.04 sq ft, with only 1.0 sq ft being climate-controlled. Supporting the demand for self storage in the trade area.

• TOP OF CLASS FINISHES // Premium class "A" construction and amenities, offering all climate-controlled units, with the only drive-thru bay in the market.

• TAX ABATEMENT // 12-year property tax exemption staring 1/2023.

• LONG TERM TENANT // 5,571 sq ft enclosed area occupied by data center for 5 years (with option to renew for additional 5 years) at $14/foot.

• EXPANSION OPPORTUNITY // Opportunity to expand on the one-acre lot to the north of the building, as well as the parking lot to the south.