DENVER, CO | The LeClaire-Schlosser Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Storage West, a 33,750 square foot storage facility located in Longmont, Colorado.
Charles “Chico” LeClaire, Executive Managing Director Investments, and Adam Schlosser, Senior Managing Director Investments, in Marcus & Millichap’s Denver, Colorado office, had the exclusive listing to market the property on behalf of the Seller.
Storage West consists of seven single-story metal buildings made up of 261 non-climate controlled units totaling 33,750 NRSF with an additional five parking spaces. The facility is located on the hard corner of 3rd Ave and Hover Road with visibility to over 51K passing cars per day. The property is in a densely populated three-mile trade area with 80K people, 33K households and an estimated five percent population growth over the next five years. The average household income exceeds $103K per year. Storage West includes many amenities like an onsite leasing office, a three-bedroom house, perimeter fencing with digital gate access, an established U-haul business, and paved drives.