www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33242842
33242841

Confidential, Middlesex, CT 06412

TD
CA #01889017
Colliers - San Francisco, California
DD
CA 02328392
Colliers - Los Angeles - La Jolla, California
Listed by Colliers - San Francisco, California, Colliers - Los Angeles - La Jolla, California
$12,000,000
56 days on market
Updated 7 days ago

+/- 80,000 nrsf of Self-Storage in Middlesex County, CT

Details
Property Type Self Storage
Sub Type Self-Storage
Square Footage 80,000
Net Rentable (SqFt) 78,320
Cap Rate 5.17%
NOI $620,000
Occupancy 92%
Tenancy Multi
Price per SqFt $150
Year Built 2005
Buildings 12
Acreage 7.000
Investment Type Stabilized
Occupancy Date 03/31/2026

Excellent in-place revenue, excellent condition, limited competition.

Marketing description

Presenting a rare off-market opportunity to acquire a dominant five-property self-storage portfolio in a coastal Connecticut market.

Strategically clustered within a 1.1-mile radius along the I-95 corridor and anchored by strong visibility and convenient access, the portfolio includes 5 locations positioned within a mile from each other. Featuring:

  • 78,328 rentable square feet across
  • 661 storage units
  • Attractive mix of drive-up, climate control and large/small units
  • Plus 9 parking spaces
  • 92% Current Occupancy
  • $2.23 achieved rents per square foot
  • $620,096 T-12 NOI
  • No new supply within 3 miles

The portfolio offers a diverse unit mix designed to serve a broad range of residential, business, and seasonal storage demand. Positioned in an affluent coastal market with limited competition and no new nearby supply, the asset benefits from a strong local customer base and favorable long-term fundamentals. Recent improvements, including the conversion of office and warehouse space into climate-controlled units, create immediate lease-up and revenue growth potential.

There is also an opportunity to further convert existing owner office/shop space into an additional 2,596 square feet of storage.

With current NOI of $620,096 and projected Year 1 NOI of $717,221, this opportunity offers scale, cash flow, and upside in one of Connecticut’s most compelling self-storage markets.

Inquire with the brokerage team, or sign the CA to learn more and access the OM.

***No site visits allowed without prior approval from broker team.***

Investment highlights

  • 78,328 rentable square feet across
  • 661 storage units
  • Attractive mix of drive-up, climate control and large/small units
  • Plus 9 parking spaces
  • 92% Current Occupancy
  • $2.23 achieved rents per square foot
  • $620,096 T-12 NOI
  • No new supply within 3 miles
  • 60,700 Traffic Count
  • $126,000 Median Household Income
  • 175 planned housing units within 3 miles

Inquire for more

Listing Contacts

TD
CA #01889017
Colliers - San Francisco, California
DD
CA 02328392
Colliers - Los Angeles - La Jolla, California
Listed by Colliers - San Francisco, California, Colliers - Los Angeles - La Jolla, California

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$620,000.00
$51,666.67/mo

Valuation Metrics

0
DSCR
5.17%
Cap Rate
5.17%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591