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29707182
29707183

402 W Clark St, Medford, OR 97501

$1,850,000
111 days on market
Updated 111 days ago

Clark Street Storage

Details
APN 1-0389162 / 1-0567095
Property Type Self Storage
Sub Type Mini Storage
Square Footage 21,790
Net Rentable (SqFt) 20,204
Units 155
Price per SqFt $85
Year Renovated 2020
Acreage 1.310

Self Storage | 20,204 SF | Infill Medford

Marketing description

Braven Commercial is pleased to present the opportunity to acquire Clark Street

Storage, a centrally located self-storage facility in Medford, Oregon. The property

consists of approximately 155 storage units and was originally constructed in 1970.

The facility serves dense, in-town residential neighborhoods and benefits from

close proximity to Medford’s primary employment centers, retail corridors, and

regional transportation routes.

The improvements are primarily comprised of drive-up storage units, offering a simple

and efficient operating profile. The offering also includes a triplex, on an adjacent tax

lot, that provides supplemental income ancillary to the storage operations.

Clark Street Storage is well positioned to function as a satellite asset within a

regional self-storage portfolio. Its infill location, established operating history, and

manageable scale allow for efficient integration into an existing Medford or Rogue

Valley operating platform, with the potential to leverage centralized management,

shared marketing, and operational systems across multiple facilities.

Clark Street Storage is well positioned to function as a satellite asset within a

regional self-storage portfolio. Its infill location, established operating history, and

manageable scale allow for efficient integration into an existing Medford or Rogue

Valley operating platform, with the potential to leverage centralized management,

shared marketing, and operational systems across multiple facilities.

Investment highlights

  • Infill Self Storage Site – 77,000+ Population 3-Mile Radius

  • Strong Tenant Base - $72,000+ Avg HH Income 3-Mile Radius

  • Below Replacement Cost - $77 per Square Foot (With Triplex Valued at $100k/Unit)

  • Desirable Unit Mix – 130 SF Average Unit Size

  • Newer Roofs on Storage/Triplex & Majority of roll up doors have been replaced

Listing Contacts

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