
KO Storage 11 Property Portfolio
3,766 Units
Marketing description
MORE INFO / VIEW OFFERING MEMORANDUM: https://selfstorageadvisory.com/properties/ko-storage-11-portfolio/
CBRE’s Self Storage Advisory Group is retained as the exclusive listing advisor for the KO Storage 11 Portfolio, a collection of properties located throughout the Springfield, Missouri region, offering a combined 3,766 units across566,164 net rentable square feet of ground level drive-up and interior climate controlled storage space, office/retail space, and 73,093 net rentable square feet of uncovered gated parking spaces. The facilities are located in strong income areas, with a portfolio household income average of $106,681 within a 5-mile radius of the properties.
The Springfield, Missouri region presents a compelling investment landscape defined by steady economic performance, competitive rankings, and strong long‑term growth fundamentals. As the third‑largest city in Missouri, Springfield anchors a diversified regional economy with a $29.3 billion GDP as of 2024 representing a 73% increase over the past decade. The metro has experienced strong population growth, with nearby Christian County ranking among the fastest‑growing in the state. Future outlook indicators reinforce this upward trajectory: regional leaders project Springfield’s evolution into a more connected, innovation‑driven hub over the next five years, supported by strong workforce attitudes, strategic central location, and expanding industry clusters in healthcare, manufacturing, professional services, and tech‑enabled sectors. Population models further anticipate continued steady growth through 2035, reinforcing long‑term demand drivers for housing, workforce, and commercial expansion. Combined with competitive costs, a business‑friendly climate, and ongoing infrastructure and commercial investment, Springfield stands out as a high‑potential market poised for sustained economic momentum and resilient future growth.
Investment highlights
Significant Lease-Up Opportunity: Portfolio Averaging ~70% Occupancy — Clear Runway to Drive NOI Through Focused Revenue Management and Operational Execution.
Highly Clustered Operating Footprint: The Two Farthest Facilities Are Only ~30 Minutes Apart — Enabling True Portfolio Operations With Shared Staffing and Route-Based Maintenance
Instant Market Scale in a Single Acquisition: 11 Properties Located Within the Springfield, MO MSA
Huge Management Upside on Raising Rents to Market: Portfolio Averaging ~$8.50/SF/YR Achieved Rents Despite ~$106,000 Average Household Incomes Within a 5 Mile Radius
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