12 Great Pasture Rd, Danbury, CT 06810

Modern Self Storage – Danbury, CT, presents a prime opportunity to acquire a state-of-the-art

self-storage facility in a thriving and expanding market. Situated at 12 Great Pasture Road,

Danbury, CT, the property boasts 48,270 net rentable square feet (NRSF) across 461 selfstorage

units. Constructed in 2024, the facility is currently operating at 75% physical

occupancy and 79% economic occupancy, with substantial room for growth.

The surrounding 5-mile radius encompasses over 110,969 residents, with a storage supply of

7.41 SF per capita, indicating robust demand and limited competition. Danbury’s population

growth rate is projected at 0.08% annually within a 1-mile radius, further supporting long-term

demand for self-storage solutions. The facility benefits from its strategic location near major

traffic corridors, including South Street (11,700 vehicles per day) and Shelter Rock Road

(45,700 vehicles per day), ensuring high visibility and accessibility for potential customers. The

median household income within this 5-mile radius is $92,404, reinforcing demand from the

area's higher-income households, who are more likely to seek quality, secure storage options.

The market conditions in Danbury, characterized by a steady population growth rate and an

undersupplied trade area with minimal self-storage competition, create an attractive

environment for long-term investment. With limited new storage development in the pipeline,

this facility stands out as a highly attractive acquisition. The opportunity to implement an

institutional third-party management platform presents a clear path to increasing physical and

economic occupancy, while the ability to remotely operate the facility as an unmanned

location offers the potential to significantly reduce monthly operating expenses.