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31179620
31179643

11 Locations For Sale

NW
CA 01827268
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
Unpriced
125 days on market
Updated 13 days ago
Under Contract

KO Storage 11 Property Portfolio

Details
Property Type Self Storage
Sub Type Self-Storage
Square Footage 566,164
Net Rentable (SqFt) 566,164
Units 3766
Occupancy 69.9%
Buildings 11
Acreage 50.800
Occupancy Date 02/28/2026

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

Listing Contacts

NW
CA 01827268
CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

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