- EXCELLENT BASIS // Purchase price allows for a new investor to acquire this facility at an attractive $73 per net rentable square foot.
- DENSE INFILL LOCATION // The three-mile trade area has a population of over 180K with 63K households and average HH income of $81,000. Target, Menards, O’Hare International Airport, Best Buy, and Walgreens are all within a two-mile radius of the property. Over 28K cars pass by the facility per day.
- SUBSTANTIAL UPSIDE // Opportunity to capitalize on below market rates and occupancy as well as improve efficiencies on expenses.
- ADVANTAGEOUS SUPPLY/DEMAND DYNAMIC // The three-mile trade area has a favorable 4.32 square foot per capita.
- OWNERSHIP // Out of state ownership and management exiting the Chicago market.
- This listing may be purchased in conjunction with the Compass Self Storage – Lansing, IL listing