8870 Blaine Road, Blaine, WA 98230 For Sale

Drayton Harbor Mini Storage is a self‑storage facility constructed in 2001 consisting of 117 drive‑up, storage units totaling approximately 18,103 net rentable square feet plus 16 surface parking spaces (133 total). The property also includes a 2,000 SF mobile home rented to a third party.

The storage units are currently ~74% physically occupied, presenting a value‑add opportunity through lease‑up of vacant units. In‑place rents average approximately $0.93 per square foot, representing a significant discount to the estimated weighted average market rent of approximately $1.31 per square foot. The Property offers a clear path to NOI growth through lease‑up and mark‑to‑market rent increases.

The asset features an efficient drive‑up unit mix and a straightforward operating profile, supporting low operating expenses and ease of management.

Drayton Harbor Mini Storage is located in Blaine, Washington, near the U.S.–Canada border with access to regional transportation corridors serving Whatcom County. The Blaine submarket benefits from limited competing supply, favorable self‑storage demand fundamentals and its proximity to the rapid growth of both the Semiahmoo and Birch Bay communities.