investment highlights
- UPSIDE POTENTIAL // Owner managed facility with an impressive track record of mid 90’s occupancy; upside in implementing revenue management and dynamic pricing models as well as tenant insurance penetration. There is potential for future expansion as well.
- INSTITUTIONAL QUALITY ASSET // Well maintained property with attractive layout and amenities headlined by two large covered pull-in loading bays, large well appointed leasing office and favorable mix of interior climate control units as well as exterior drive-up.
- UNDERSUPPLIED MARKET // Mid 90’s average occupancy across the comp set bolstered by just 4.3 square foot per capita within three miles.
- FAVORABLE DEMOS // Dense infill urban core submarket with over 225K people and 85K households within three miles.
- EXCELLENT LOCATION // Situated on a highly traveled commuter corridor with close to 50K passing cars per day (W Burnam & Miller Parkway) . National brands in the immediate area include Target, Aldi, Menards and Buffalo Wild Wings to name a few.
