Safeguard Storage Solutions - Albert Lea
Albert Lea, MN Self Storage | 151 Units | 26,000 RSF
Marketing description
Safeguard Storage Solutions in Albert Lea, Minnesota offers approximately 26,000 rentable square feet of drive-up self-storage units consisting primarily of 10x10 and 10x20 unit sizes, which are among the most in-demand unit types in the industry. The facility is currently operating at approximately 78% physical occupancy, providing a clear opportunity for a new owner to continue leasing vacant units while benefiting from recent $20 rental rate increases implemented in February 2026, which have already pushed economic occupancy into the mid-90% range. The property is designed for operational efficiency with fully fenced and gated access, surveillance cameras, and simple drive-up unit access, allowing for streamlined day-to-day management.
The facility benefits from convenient access just off Highway 65, one of the primary corridors serving Albert Lea, providing strong visibility and accessibility for both residential and commercial tenants. Current ownership utilizes Easy Storage Solutions management software, allowing tenants to rent and pay online through a dedicated website and enabling remote management capabilities for the owner. Additionally, the property includes outdoor parking space currently used for storage, which may present future expansion opportunities for additional units or expanded vehicle storage depending on local demand and zoning.
Investment highlights
Established Drive-Up Storage Facility: Approximately 26,000 rentable square feet of traditional 10x10 and 10x20 drive-up storage units, providing a simple, efficient operating model with strong demand from residential and small business users in the Albert Lea market.
Immediate Lease-Up Opportunity: The facility is currently ~78% occupied, offering investors the ability to increase revenue through continued lease-up while maintaining strong in-place income.
Recent Rental Rate Growth Driving Revenue: Ownership implemented $20 rental rate increases to existing tenants on February 1, 2026, significantly improving income and pushing economic occupancy into the mid-90% range, demonstrating strong tenant demand and pricing power.
Secure Facility with Expansion Potential: The property features full perimeter fencing, gated access, and surveillance cameras, and includes additional outdoor parking space that may support future unit expansion or additional storage offerings.
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