Extra Space Storage (Managed) – Englewood, CO (Denver MSA)

Property Location

197 Inverness Drive West
Englewood, CO 80112

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investment highlights

  • Prime Infill Location // Located in the desirable Denver Tech Center along the heavily traveled 1-25 corridor right next to Colorado’s largest shopping mall. Visibility from County Line Road and I-25 with combined car counts of over 220K.
  • Premium Construction Quality // This three story fully climate controlled class “A” facility with basement features brick masonry exteriors with stucco accents as well as premium finishes on the interior.
  • Leasing Momentum // Q2 same store revenue growth is up 30 percent in ‘21 as the sub-market continues to stabilize and push rates post development cycle.
  • High Occupancy Trade Area // The subjects three mile competition has an average physical occupancy in the mid 90’s.
  • Favorable Demos // Average household incomes of 126K with population growth projection of 7.88 percent over the next five years.

Broker Information

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

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