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33921730
33921725

1145 Front St, Soledad, CA 93960

MM
CA 02230011
Marcus & Millichap - Palo Alto
RJ
CA 01853816, CA CA 01853816
Marcus & Millichap - Palo Alto
AL
CA 01462752
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
$2,395,000
5 days on market
Updated 2 days ago

Soledad Mini Storage

Details
APN 022-223-026-000
Property Type Self Storage
Sub Type Self Storage
Square Footage 13,226
Net Rentable (SqFt) 13,226
Units 105
Cap Rate 6.04%
NOI $144,738
Tenancy Multi
Pro-Forma Cap Rate 7.77%
Pro-Forma NOI $185,980
Price per SqFt $181
Year Built 1990
Acreage 0.800
Zoning H-C

​Exceptional Self-Storage Investment Opportunity

Marketing description

Soledad Mini Storage is a rare opportunity to acquire a well-situated self-storage facility in the city of Soledad, California.

The acquisition of this asset will provide an investor with a well-maintained self-storage asset in an undersupplied local market with strong demographics.

The subject property features approximately 13,226 net rentable square feet consisting of 100 self-storage units, 4 parking spaces, and 1 on-site apartment. Soledad Mini Storage offers a range of modern amenities including electronic gate access, security systems, an on-site manager's residence, and a full-service leasing office.

The area surrounding the property has a high population density of approximately 24,413 residents within a five-mile radius.

Soledad Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in California. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

Investment highlights

  • Exceptional Self-Storage Investment Opportunity - Investors have the opportunity to acquire a well-situated self-storage asset with high potential cash flow located near California's iconic coastline.
  • State-Of-The-Art Property Amenities - Soledad Mini Storage offers a range of modern amenities including electronic gate access, a state-of-the-art security systems, and an on-site manager's residence.
  • Strong Demographics - Soledad offers a strong demographics supporting high self-storage demand. The area features approximately 24,413 residents within a five-mile radius.
  • Advantage of No Rent Control in Self Storage - Allows property owners to adjust rental rates in response to market demand and operational costs, promoting flexibility and revenue growth.

Listing Contacts

MM
CA 02230011
Marcus & Millichap - Palo Alto
RJ
CA 01853816, CA CA 01853816
Marcus & Millichap - Palo Alto
AL
CA 01462752
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,738.00
$12,061.50/mo

Valuation Metrics

0
DSCR
6.04%
Cap Rate
6.04%
ROI

Map

Zoning

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H-C CommercialSpecial CommercialCommercial Highway
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Matthew McCaffrey
License
02230011
Brokerage
Marcus & Millichap
Title
Brokerage
Brokerage Address
2626 Hanover Street
Name
Robert Johnston
License
01853816
Brokerage
Marcus and Millichap
Brokerage Phone
6503911744
Brokerage Address
2626 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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