investment highlights
- STRONG LEASE UP HISTORY // Since opening in April of 2019, the facility has averaged over three percent physical occupancy gain per month and is positioned well for a substantial rate increase in the spring of 2022.
- PRIME LOCATION // Located in a densely populated retail corridor with car counts exceeding 50K vehicles per day. Major retailers/brands such as Walmart, Sam’s Club, McDonalds, and Chick-fil-A are all within walking distance of the property. In addition, the facility is located adjacent to one of the highest volume 7-Eleven’s in the state of Colorado.
- EXCELLENT DEMOS // The three-mile trade area boasts 133K+ people, 50K+ households and $115,000+ average HH incomes. Five-year population growth is projected at 8.3 percent bolstering future demand for self storage.
- FAVORABLE SUPPLY/DEMAND DYNAMIC // The three-mile square foot per capita is just 5.84; well below the market average of 7.5 across the Denver MSA.
- BEST IN CLASS // Premium class “A” multi-story construction and amenities demanding the highest rates in the trade area.
