investment highlights
- UPSIDE POTENTIAL // Current asking rents are 30-40 percent below market on most units allowing for substantial revenue growth within the first year of ownership.
- EXPANSION OPPORTUNITY // The facility has an undeveloped 1.45 acre parcel to the east of facility presenting an opportunity to expand the square footage to include a multi-story climate controlled building, single-story drive-up and/or additional surface parking.
- EXCELLENT LOCATION // The facility has excellent visibility from Hancock Expressway, a four-lane highway with over 24K passing vehicles per day. King Soopers, the areas major grocer, is directly across as the street as well as major brands such as Starbucks, KFC and Huntington Bank to name a few.
- ATTRACTIVE LAYOUT AND DESIGN // Ground-level single storage access across the entirety of the property featuring premium high door units, popular flex bay units as well as a large uncovered surface parking area. Premium elevated signage at all ingress/egress points and fully fenced and gated throughout.
- STRONG DEMOS // Dense infill residential trade area with over 96K people and 35K households with in three miles.
