investment highlights
- INSTITUTIONAL-QUALITY ASSET // Delivered in 2019, the property features three single-story buildings with modern, institutional-grade design and construction, as well as an on-site management office conveniently located at the front of the property, providing durability, operational efficiency, and long-term functionality.
- UPSIDE POTENTIAL // Current occupancy sits at just 77 percent, materially below the submarket average despite the property’s competitive advantages in both location and asset quality. This gap highlights meaningful upside potential through focused lease-up and improved operational execution.
- SCALED, DIVERSE UNIT MIX // The asset spans 62,716 NRSF across 644 units on approximately 3.70 acres, including 119 drive-up units and 525 climate-controlled units. This well-balanced unit mix is designed to effectively accommodate both residential and commercial demand, supporting broad customer appeal and operational flexibility.
- STRATEGIC LOCATION // Positioned within a highly accessible Aurora submarket, the property benefits from immediate connectivity to Interstate 70 and E-470, as well as close proximity to Denver International Airport. The site is located along Airport Boulevard, which sees approximately 40,970 vehicles per day, providing excellent visibility and accessibility. Surrounded by established residential neighborhoods, retail corridors, and major employment centers, the location offers strong convenience, driving consistent tenant activity and long-term demand for self-storage.
- STRONG DEMOGRAPHIC PROFILE // The property is supported by a dense and growing three-mile trade area population of 124,307 with average household incomes of approximately $89,354, reflecting a stable and qualified renter base. Projected population growth of 2.30 percent over the next five years further reinforces the area’s expansion trends, underpinning sustained occupancy and revenue growth potential.
property summary
Located within the Denver–Aurora MSA, the property is a modern, institutionally designed self-storage facility completed in 2019, consisting of three single-story buildings. Situated on approximately 3.70 acres, the asset comprises 644 total units totaling 62,716 net rentable square feet, offering a well-balanced mix of unit sizes to serve both residential and commercial demand. The property features contemporary construction and efficient site layout, positioning it to provide convenient access and strong operational performance within one of the Denver metro’s established and densely populated submarkets.
The facility offers a strong suite of modern security features and operational conveniences, including 24/7 video surveillance for continuous monitoring as well as an onsite manager’s apartment above the leasing office. Asphalt driveways allow for easy circulation and access, while wrought iron perimeter fencing enhances both security and the property’s professional appearance. The site also features electronic gate access with secure, coded entry for controlled access. The interiors of the buildings are fully sprinklered and have drop ceilings creating a clean aesthetic throughout.
Situated in the heart of Aurora, Colorado within the Denver–Aurora MSA, the property benefits from convenient access to major transportation corridors including Interstate 70 and E-470. It is positioned within a well-established and densely populated submarket, surrounded by a mix of residential neighborhoods, commercial centers, and employment hubs that consistently drive demand for self-storage. Proximity to Denver International Airport and key retail corridors further enhances accessibility and visibility. The property draws from a strong and growing three-mile trade area, with a population of 124,307 residents and an average household income of approximately $89,354, and is projected to experience 2.30 percent population growth over the next five years, supporting long-term demand and a stable customer base.
