Cypress Mini Storage
Expansion Opportunity
Marketing description
Cypress Mini Storage located at 4601 Cypress St, West Monroe, LA 71291 in Ouachita Parish. The facility is situated on approximately 2.1 acres consisting of 199 drive-up units and 21,100 net rentable square feet with room to expand.
Fully gated & fenced, this facility has gone through a significant management upgrade to bring operations into the 21st century. With no office on-site, the property is well suited for remote-management. Current occupancy is 73% by area and 63% economic demonstrating a clear path to future income growth with ample room for in-place rents to increase.
Cypress Mini Storage achieved average income growth of 3.8% per month in 2025. A new billboard lease adds $4,400 per annum to the opportunity. Other income-producing value-add opportunities exist with converting the grass parking lot into a 25 x 250 non-climate controlled building, adding an additional 6,250 net rentable square feet. City approvals were obtained in October 2025 with fully designed plans from a local civil engineer included in the sale.
West Monroe – home to the ever-popular Duck Dynasty TV Series – is a bustling community located on Interstate 20, a major US thoroughfare. With a population of 33,068 in a 3-mile radius and 68,195 in a 5-mile radius, the city of West Monroe is known for its long-standing manufacturing, wholesale trade, logistics and transportation sectors.
Investment highlights
STRONG LEASE UP // Purchased in early 2023, the current owner has invested heavily in improving the operations resulting in significant rental income growth - from $5,706 in January 2025 to $10,503 in September 2025. This rapid absorption highlights the strong demand in the West Monroe market and provides excellent momentum for the next investor to continue the upward trajectory.
EXPANSION PENDING APPROVAL // A key value-add component is the planned expansion, currently pending final approvals (expected October, 2025). The project will add an additional 6,250 net rentable square feet, replacing the existing grass parking area. The proposed building will measure 25’ wide by 250’ long. Final approved plans and topographic survey included in the sale. General contractors estimate the average building costs in the area will range $40 to $45 per foot.
SOLID DEMOGRAPHICS // Cypress Street is a busy commercial corridor serving 17,865 cars per day. Additionally, 33,068 residents in a 3-mile radius and an average household income of $75,432 positions this this property well to serve the surrounding community. Importantly, there are no planned, proposed or under construction competing facilities in the trade area, strengthening the facility’s long-term competitive position.
STABLE FUNDAMENTALS // Tenant Insurance penetration is very strong at 99% with 80/20 splits to the owner. Additional income from a new billboard lease adds $4,400+ per year to top line revenue.
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