Lititz Self Storage CofO – Lititz, Pennsylvania

investment highlights

STRONG DEMOS // The five-mile trade area of the property features a population of 84,404, 33,394 households and an Average Household Income of $106,391. The average household income for the state of Pennsylvania is $84,849.
STRONG RENTS // The competitors in the region are averaging $1.50 per square foot with limited inventory available. The property will offer much needed boat and & RV storage to the region.
BEST LOCATION IN MARKET // The property is located adjacent to Broad Street and Lincoln Avenue, the two main thoroughfares for the region, combining for over 20,000 VPD. Next door to new apartment developments and Johnson & Johnson’s Global Manufacturing Facility.
PREMIUM CONSTRUCTION // The property will feature best in class construction. All storage units will be climate controlled with elevator access for the second floor. The RV units are fully enclosed, climate-controlled, and expected to lease extremely quickly.

Broker Information

Jordan Farrer

Senior Associate

Phone: 801.736.2643
Email: jfarrer@marcusmillichap.com
License: UT 9220604-SA00

Adam Schlosser

Senior Vice President

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

Sean Beuche

Broker of Record

Phone: 215.531.7000
Email: sean.beuche@marcusmillichap.com
License: RM424190

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CONFIDENTIALITY AGREEMENT

THIS CONFIDENTIALITY AGREEMENT (“Agreement”) is made and agreed to by and between The LeClaire-Schlosser Group and Marcus & Millichap Real Estate Investment Services of Denver (“Broker”), exclusive listing broker for the Property, and “Buyer” regarding the property known as LITITZ SELF-STORAGE COFO. The obligations of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with the Owners.

BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of the Property. Much of the information to be provided is non-public, highly confidential and/or proprietary in nature (collectively “Information”) and is being disseminated only to those potential buyers who sign this agreement.

THE PARTIES AGREE, in consideration of the covenants and agreements contained herein, as follows:
1. Non-disclosure of Information: Buyer will not disclose, permit the disclosure of, release, disseminate or transfer any of the Information obtained from Broker or Owner to any other person or entity except as permitted herein. If Buyer is a corporation, partnership, limited liability company, investment trust, or other non-natural legal entity, the person(s) signing this Agreement on its behalf will take all appropriate precautions to limit the dissemination of the Information only to those persons within the entity who need to know the Information, and who are specifically aware of the Agreement and agree to be bound by it.
2. This Agreement applies to all Information about the Property received from Broker or Owner, now or in the future, which is not readily available to the general public. Buyer understands that all Information shall be deemed confidential, valuable and proprietary such that its unauthorized disclosure, even without intent to harm, could cause substantial and irreparable harm to Owner and Broker.
3. All Information shall be used for the sole purpose of evaluating the potential acquisition of the Property and shall not at any time or in any manner be used for any other purpose.
4. Buyer shall not contact directly any persons concerning the Property, other than Broker, without Broker’s or Owner’s written permission. Such persons include, without limitation, Owner’s employees, suppliers and tenants.
5. Buyer and Buyer’s Broker acknowledge there is no co-op fee being paid.
6. Neither Broker nor Owner make any representations or warranty, express or implied, as to the accuracy or completeness of any Information provided by them. Buyer assumes full and complete responsibility for confirmation and verification of all Information received and expressly waives all rights of recourse against Owner and Broker with respect to the same.
7. The persons signing on behalf of Buyer and Broker represent that they have the authority to bind the party for whom they sign.
8. This agreement shall be governed and construed in accordance with the laws of the State of Colorado.
9. Return of Documents: Upon review of Information provided, if Buyer no longer has an interest and does not wish to pursue negotiations leading to this acquisition, Buyer agrees to return in a timely fashion all Information provided in its original form to Charles D. LeClaire and/or Adam Schlosser, if requested. Photocopying or other duplication is strictly prohibited.
10. In the event any party breaches its obligations under this Agreement, the prevailing party (parties), in any lawsuit brought to enforce the provisions of this Agreement, shall be entitled to reasonable attorney’s fees and costs in addition to all other remedies available to it.
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Contact The LeClaire-Schlosser Group

Lititz Self Storage CofO – Lititz, Pennsylvania

Property Location

150 Warwick Street
Lititz, PA 17543

investment highlights

Broker Information

Jordan Farrer

Adam Schlosser

Sean Beuche

CONFIDENTIALITY AGREEMENT

We're here for you. Let us know how we can help.

Lititz Self Storage CofO – Lititz, Pennsylvania

Property Location

150 Warwick Street Lititz, PA 17543

investment highlights

Broker Information

Jordan Farrer

Adam Schlosser

Sean Beuche

Download Marketing Package

CONFIDENTIALITY AGREEMENT

We're here for you. Let us know how we can help.

150 Warwick Street
Lititz, PA 17543