AVAILABLE

Tri Lakes Storage
Nekoosa, Wisconsin

Exclusively Listed By:
EquiCap Commercial and NAI Pfefferle

DEAL SUMMARY

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List Price:   $1,490,000

NRSF:         34,820

Units:          93

Acres:         18.71

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INVESTMENT HIGHLIGHTS

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PRIME LOCATION // Located right off Hwy 13, visible with

a marque sign, with car counts exceeding 5,900 vehicles per day.

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NEWLY EXPANDED // Two brand new buildings were just

completed in July 2024, adding 4,840 NRSF, spread over

17 units, giving a new owner the opportunity to stabilize

the property. The Facility was previously 95% physically

occupied. Site has room for another two buildings.

FAVORABLE DEMOS // The ten-mile trade area shows the

average household income over $81,000 and exceeding

$93,000 in the next five years. Plus, the five-year population growth is projected at 2.41 percent, supporting future demand for self storage.

EXPANSION OPPORTUNITY & LAND // The facility has approval for two additional 8,000 sqft buildings. Notably, no other self-storage facilities within a 10-mile radius currently offer online rental capabilities, presenting a

significant competitive advantage. Furthermore, the property includes 10 acres of undeveloped land, providing ample opportunity for future development or phased expansion.

OPERATIONS // Opportunity for a new owner to stablize

the physical occupancy, improve current in place rental

rates, as well as advertised rates. Also, there is opportunity

for additional income; by charging admin fees, and tenant

protection.

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INVESTMENT SUMMARY

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EquiCap Commercial is pleased to present the exclusive offering of Tri Lakes Storage, a well-positioned self-storage facility located just south of the nationally renowned Sand Valley Golf Resort in Nekoosa, Wisconsin.

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Strategically located along Highway 13, the property spans 18 total acres, including approximately 10 acre of undeveloped recreational land featuring two scenic ponds. The facility has recently undergone expansion and offers strong potential for further development or alternative land use enhancements.

Tri Lakes Storage comprises seven post-frame buildings with corrugated metal siding, metal roofs, and roll-up doors, totaling 34,820 net rentable square feet. The 93 units range in size from 10x20 to 12x30, along with two larger commercial units measuring 50x50 and 50x165. The original structures were constructed around 2000, with the latest two buildings completed in July 2024. The site includes gravel drive aisles, LED lighting throughout, a highly visible monument sign along Highway 13, and is equipped with 24-hour video surveillance.

This asset presents an attractive opportunity to acquire a cash-flowing, newly expanded facility in a growing regional market. Additional upside can be captured through implementing a digital marketing and SEO strategy, as no other facility within a 10-mile radius currently offers online rentals. Income can be further optimized by adjusting below-market rental rates, consistently charging late and administrative fees, and offering tenant insurance. There is also capacity for future expansion with room for two additional buildings totaling 16,000 NRSF, as well as the potential to develop the remaining 10 acres for recreational or ancillary use. Tri Lakes Storage offers a compelling blend of current income, operational upside, and long-term development potential.