investment highlights
- STRATEGIC LOCATION // StorQuest Self Storage of Aurora is situated just south and east of Denver’s city limits in Aurora, Colorado—the state’s third-largest city. Positioned along Peoria Street, which carries approximately 35,065 vehicles per day, the property benefits from excellent visibility and exposure to the surrounding trade area. The facility is conveniently located near UCHealth University of Colorado Hospital and the Peoria Station Park-and-Ride RTD, enhancing accessibility for both residents and commuters.
- CLASS A CONSTRUCTION // Completed in 2018, this Class A facility was developed utilizing high-quality materials and institutional-grade design. The three-story structure features a substantial brick façade creating a strong visual presence along Peoria Street. A covered loading area and on-site parking provide year-round convenience, while the institutional-quality office and architectural glass cut‑out corners enhance curb appeal and showcase the building’s interior and unit access points.
- OPERATIONAL UPSIDE // Currently operating at approximately 78 percent occupancy, the facility offers meaningful upside potential for a new operator through continued lease-up and revenue optimization, supporting future NOI growth. The favorable supply-demand balance of just 6.49 square feet per capita—paired with the absence of new development in the pipeline—positions the asset for sustained NOI growth well into the future.
- STRONG DEMOGRAPHICS // The property is supported by a dense and growing customer base, with approximately 143,545 residents within a three-mile radius. Average household incomes exceed $104,800, and the trade area includes roughly 50,526 households. The surrounding market continues to see new apartment development, further reinforcing long-term demand for self-storage services.
property summary
StorQuest Self Storage is a modern, Class A self-storage facility located at 3195 Peoria Street in Aurora, Colorado. Constructed in 2018, the property is situated on approximately 1.64 acres and is improved with a three-story building totaling 55,033 net rentable square feet. The facility is comprised of 604 units and is 100 percent climate-controlled, positioning the asset to serve both residential and business customers seeking high-quality, temperature-controlled storage solutions.
StorQuest Self Storage offers a strong suite of institutional-quality amenities, including elevator access to upper floors, ground‑level units, and a range of premium interior spaces. An expansive covered loading bay provides all-weather protection for tenant move-ins and move-outs, with seamless proximity to the elevator for maximum convenience. The building features an attractive brick façade, while the institutional‑quality leasing office and distinctive architectural glass cut-out corners enhance curb appeal and showcase the interior and unit access points, complemented by electronic gate access, perimeter wrought iron fencing, and 24/7 video surveillance throughout the facility.
Located in central Aurora, the property benefits from excellent accessibility and strong surrounding demand drivers, serving a population of approximately 143,545 residents within the three-mile trade area and supported by average household incomes of $104,833. Peoria Street is a well-traveled north–south corridor providing direct connectivity to I-70 and I-225, offering convenient access throughout the Denver-Aurora metro area. The site is surrounded by a dense mix of residential neighborhoods, retail centers, employment hubs, and multifamily communities, supporting a broad and durable customer base. Aurora’s continued population growth, proximity to downtown Denver, and access to major transportation routes further strengthen the location’s long-term self-storage fundamentals.
