investment highlights
- INSTITUTIONAL QUALITY // Well-maintained, Class A facility features ground-level access throughout, offering a mix of climate-controlled and non-climate units. The property is constructed with durable metal buildings, concrete drive aisles, and includes 58 surface parking spaces, complemented by an institutional-style leasing office.
- EXPANSION POTENTIAL // The facility offers a compelling opportunity to boost revenue by adding 82 movable additional storage structures (MASS) drive-up units, aligning with the strong local demand for convenient, drive-up storage options.
- AMENITIES AND FEATURES // Well-maintained facility featuring premium signage, 24-hour video surveillance, keypad-controlled access, individually alarmed units, and metal roll-up doors throughout. A wide range of unit sizes, ample lighting, and drive-up accessibility provide convenience and flexibility for a broad tenant base.
- EXCELLENT DEMOS // Situated within a dense three-mile trade area of over 60k+ residents and 21k+ households with average annual incomes exceeding $120k+. The property is also just minutes from Travis Air Force Base, a key regional employer that contributes steady, year-round storage demand.
- STRONG HISTORICAL PERFORMANCE // The facility demonstrates strong historical and in-place performance. There remains upside through lease-up of recent move-ins, revenue management, and the potential unit expansion.
property summary
elf Storage of Vacaville is a 909-unit, 111,147 net rentable square foot self-storage facility located in Vacaville, California. In addition to storage, the property includes 60 mailboxes and 58 parking spaces. Situated on approximately 5.37 acres of land, the facility was originally constructed in 2018 and expanded in 2019. It comprises six single-story self-storage buildings with 301 drive-up units.
The facility has many amenities including electronic gated entry with a digital keypad, a large institutional style leasing office with retail and security monitor display with 24/7 video surveillance throughout the facility. It includes concrete driveways and metal roll-up doors throughout.
Centrally located in Vacaville, the facility sits directly on Leisure Town Road and has over 5k+ passing vehicles per day. There are major demand drivers in the immediate area such as Walmart, Costco, Target, and Jersey Mikes to name a few. Vacaville is an affluent Class-A neighborhood with strong storage fundamentals and average household incomes exceeding $120k+ a year.
