YourWay Storage
Self Storage | 716 Units
Marketing description
YourWay Storage offers a strategic opportunity to acquire a well-positioned self-storage facility in the robust and growing Pocatello, ID market. Located at 762 McKinley Ave, the facility encompasses 105,950 net rentable square feet (NRSF) across 716 self-storage units. Built between 1988 and 1995, the facility is currently in a lease-up phase operating at 68% physical occupancy and 44% economic occupancy, providing significant immediate potential for upside through stabilization.
The surrounding 5-mile radius includes over 76,728 residents. While the market is well-served, the facility benefits significantly from its position near major high-traffic corridors, including Yellowstone Avenue (25,500+ vehicles per day) and West Alameda Road (9,600 vehicles per day), ensuring high visibility and ease of access for potential customers. The median household income within a 3-mile radius is $67,557, supporting a consistent demand for quality storage options from the local demographic.
Market conditions in Pocatello are exceptionally favorable, with the city ranked 5th in the nation for best-performing small cities in 2026 due to strong job and wage growth. With no future self-storage development currently underway or planned within a 5-mile radius, this facility stands out as a highly attractive acquisition in a market with high barriers to entry. The opportunity to implement an institutional third-party management platform presents a clear path to increasing physical and economic occupancy and maximizing operational efficiencies.
This facility represents a rare opportunity to acquire a large-scale asset in an undersupplied pipeline environment. With a pro forma Net Operating Income (NOI) projected to reach $553,656 by Year 2, YourWay Storage offers significant upside potential for investors looking to capitalize on Pocatello's economic momentum and the property's existing value-add capacity.
Investment highlights
- The Milken Institute ranked Pocatello 5th in the nation for best-performing small cities in 2026 due to strong job growth, wage growth, and high-tech sector development
- Add Value Through Implementing an Institutional Management Platform to Maximize Efficiencies
- No Future Self-Storage Development is Underway or Planned in the Five-Mile Radius
- Significant Traffic Counts Surround the Site, with Yellowstone Ave Boasting a 25,500+ VPD and West Cedar with 7,000+ VPD
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