Recent Closings: 8.17.21 – 8.23.21

Property: Advance Self Storage Center
Location: Hager City, WI
Brokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 61,560
Units: 376 Non-Climate Controlled | 62 Parking Spaces
Occupancy: 98.4%

Highlights:

  • Below Market Rents
  • Great Visibility Along US Hwy 63
  • High Daily Traffic Counts: 10,500 Cars per Day
  • 40 Miles Outside of Downtown Minnesota

Property: Extra Space Storage (Managed)
Location: Surfside Beach, SC
Closing Price: $9.7 Million
Broker and Brokerage: James “Ashley” Compton of Colliers
Buyer: Prime Group Holdings
Seller: Ziff Properties
NRSF: 60,295
Units: 706
Acreage: 6.39
Highlights:

  • Located in the Primary Retail Corridor Fronting a Heavily Trafficked Five-Lane Thoroughfare
  • Annual Population Growth of 2.66%

Property: Columbia Self Storage
Location: Columbia, SC
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 14,750
Acreage: 3.15
Room for Expansion: Yes
Highlights:

  • Drawings for an Additional 24,475 NRSF Expansion
  • Occupancy taken from 15% to 48% since July 2020
  • Physical Occupancy: 48.47%
  • Vacant One-Bedroom Apartment Available for Rent
  • Under Supplied Market – Only Self Storage Facility within a Three-Mile Radius
  • Great Visibility Along Leesburg Road
  • Growing Surrounding Population: Population has Increased by Over 27% Since the Year 2000 within a Five-Mile Radius

Property: CubeSmart Self Storage (Managed)
Location: Irving, TX
Buyer: Andover Properties
NRSF: ~67,000
Units: 610
Year Built: 2017
Room for Expansion: Yes
Highlights:

  • Accessible from Belt Line Drive, a 49,000 Vehicle per Day Road
  • Surrounded by Numerous Commercial and Retail
    Establishments such as Lowe’s, Home Depot, Applebee’s and Outback Steakhouse.
  • One of the Fastest Growing Metropolitan Areas in the Country

Property: Extra Space Storage (Managed)
Location: Spring, TX
Broker and Brokerage: Dave Knobler of the LeClaire/Schlosser Group of Marcus & Millichap
NRSF: 74,845
Acreage: 4.5
Units: 529
Highlights:

  •  Constructed in Several Phases from 2003 to 2016
  • Video Surveillance throughout the Property
  • Key Code Access
  • Roll-up Doors
  • Concrete Driveways
  • Full-Service Onsite Manager’s Office

Property: Oracle Mini Storage
Location: Tucson, AZ
Closing Price: $3.725 Million
Broker and Brokerage: Jeff Gorden of the Argus Self Storage Advisors
Units: 125
Highlights:

  • All-Cash Buyer
  • Multiple Offers

Property: AAA Storage Depot
Location: South Plainfield, NJ
Brokers and Brokerage: Linda Cinelli and Edan Cohen of LC Realty/Argus Self Storage Advisors
NRSF: 33,552
Units: 387
Acreage: 1.318
Year Built: 2006
Highlights:

  • Four Buildings
  • Situated Approximately 1.2 Miles from I-287
  • Direct access to the Garden State Parkway and I-95 Express.

Property: Dixie Storage
Location: Radcliff, KY
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 31,300
Units: 220 Non-Climate Controlled
Acreage: 3.11
Year Built: 2003/2014
Occupancy: 99,68%
Highlights:

  • Two Louisville, Kentucky MSA Self Storage Facilities – Located 0.50 Miles Apart
  • Great Visibility Along South Dixie Boulevard
  • Growing Surrounding Area: Population has Increased by Over 21% Since the Year 2000 within a Five Mile Radius

Property: Little Turtle Storage
Location: Fort Wayne, IN
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 27,055
Units: 122 Climate-Controlled | 123 Non-Climate Controlled
Year Built: 2019
Acreage: 1.41
Highlights:

  • Property Benefits from the SEED Tax Incentive Which Reduces the Real Estate Tax Owed for the Next Ten Years
  • Undersaturated Market: 3.61 NRSF per Person within a Three-Mile Radius
  • Dense Area: 82,153 People within Three Miles; 133,602 People within Five Miles

Property: Albuquerque Lock Storage
Location: Albuquerque, NM
Brokers and Brokerage: Jesse Cameron, Jacob Becher, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 41,150
Units: 285 Non-Climate Controlled | 177 Parking Spaces
Acreage: 7.2
Occupancy: 81.82%
Room for Expansion: Yes
Highlights:

  • Below Market Rents
  • Dense Population: 150,675 People Within a Five-Mile Radius

Property: A-One Self Storage
Location: Carroll, OH
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 222,430
Units: 1,357 Non-Climate Controlled | 77 Climate Controlled | 46 Outdoor Parking Spaces
Occupancy: 82.97%
Room for Expansion: Yes
Highlights:

  • Columbus MSA Self Storage Facility
  • Largest Self Storage Facility in Central Ohio
  • New Office Building Being Built
  • Standing Seam Roof | Underground Storm Water Drainage | Buildings with Downspouts and Gutters
  • High Daily Traffic Counts: 20,400 Vehicles per Day
  • Affluent Market: Average Household Income of $94,599 of People Within a One-Mile Radius

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