Mini Storage | Retail/Flex | Cold Storage
Retail | 20,020 SqFt
Marketing description
Rare opportunity to acquire a multi-building commercial property featuring a mix of retail/flex space, cold storage, and income-producing mini storage units on a single parcel. This versatile asset offers strong upside for both investors and owner-users.
The property includes approximately 20,020 SF across four buildings, situated on ±1.5 acres with excellent visibility along a corridor with traffic counts of ±10,500 vehicles per day.
Improvements consist of a front retail/flex building with office, restroom, kitchenette, and open workspace, a large unheated cold storage building with overhead doors, and two mini storage buildings totaling 39 units in a variety of sizes. Gross income for storage units currently $2,400/month with upside.
The current owner operates a business on-site and is open to leasing back the cold storage building, providing immediate income potential for a buyer. The storage component offers additional passive income with upside through lease-up and rent optimization.
Recent improvements include newer roofs, reducing near-term capital expenditure.
Note: Existing business and inventory is not included in the sale.
Investment highlights
- Newer roofs
- 2 mini storage buildings | 1 cold storage building | Retail/Flex
- 39 income-producing mini storage units with upside
- Great for investor or owner occupy and collect rent from storage
- Owner currently operates business in the 2 main buildings
- Potential leaseback from Seller
- Strong visibility with ±10,500VPD
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