investment highlights – cincinnati, ohio
- FAVORABLE LEASE UP TREND // Since opening, this facility has averaged three percent average monthly occupancy gains with excellent momentum heading into the prime leasing season.
- COMPETITIVE ADVANTAGE // This facility is the only multi-story climate-controlled facility in the trade area and should pace the market on rental rates and occupancy.
- WELL LOCATED // Constructed on an outparcel to Eastgate Mall in the heart of the submarket’s primary retail corridor surrounded by national retailers.
- SUPERIOR CONSTRUCTION & QUALITY // Class “A” multi-story construction with institutional quality amenities.
investment highlights – st. peters, missouri
- EXCELLENT LEASE UP TREND // Since opening, the facility has average monthly physical occupancy gains of 3.73 percent with positive momentum heading into the summer leasing season.
- HIGH RENTAL RATE MARKET // Above average rental rates of $1.55 across the trade area.
- HIGH BARRIERS TO ENTRY // Infill location with only one new competitor delivered since 2016 and no new construction in the pipeline.
- STRONG DEMOS // Three-mile trade area boasts an average household income of $97K across 25k households and 58k people.
investment highlights – Chattanooga, tennessee
- STRONG LEASE UP TREND // Since opening in late 2020 the facility has exceeded physical occupancy projections at 4.3 percent per month.
- SUPERIOR LOCATION // Located in Chattanooga’s prime retail corridor next to Hamilton Place Shopping Mall and major national credit tenants.
- BEST IN CLASS // This facility is superior to its competition in both construction quality and location creating a competitive advantage to pace rental rates and occupancy.
- ATTRACTIVE DEMOGRAPHICS // The three mile trade area has an average household income of $81,000 with a population of over 40K people and growing.
investment highlights – beaumont, texas
- PREMIER LOCATION // Located in Beaumont’s primary retail corridor on an outparcel to Parkdale Mall. Retailers in the immediate area include Dicks Sporting Goods, Walmart Super Center and Petco to name a few.
- SUPERIOR CONSTRUCTION & AMENITIES // Premium climate controlled fourth generation multi-story construction. Featuring best in class amenities and superior functionality highlighted by a large interior pull-thru spanning the entirety of the store.
- GROWING SUBMARKET WITH EXCELLENT DEMOS // The submarket has experienced substantial population growth over the past decade bolstering high occupancy rates and recent rental rate growth post developed cycle.
- PRICE OF OWNERSHIP // Rare opportunity to acquire a best in class self storage asset in a prime infill retail corridor.