Listed by ParaSell Inc, Urow Real Estate
Unpriced
The Box Self Storage
Details
APN MUKV2091988001
Property Type Self Storage
Square Footage 50,520
Units 282
Year Built 2020
Acreage 3.750
About This Property for Sale
Marketing description
HOW TO REGISTER:
- Go to www.urowrealestate.com
- Click Login on the Top Right of the Screen
- Press Register
- Enter Your Contact Information
- Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.urowrealestate.com/listings/the-box-self-storage
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
- Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.youtube.com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
Investment highlights
This is an exclusive opportunity to acquire The Box Self Storage, a 50,520 NRSF facility with 282 units. The Box Self Storage offers a plethora of different unit sizes to fit a variety of different client needs.
- Near-Stabilized Occupancy with Continued Upside — Currently 77.5% occupied across 282 units and 50,520 NRSF, with a clear path to 92.0% projected stabilized occupancy.
- Diversified Unit Mix — 282 units across eight configurations from 5x10 to 12x30 (non-climate).
- Modern, Institutional-Quality Construction — Built in 2020 with steel framing, exterior, and roofing, plus 24-hour video surveillance, gated access, and keypad entry.
- Affluent, Growing Trade Area — Average household income of $135,313 within 5 miles, supporting a population of 26,709 residents with 2.3% projected 5-year growth.
- Prime Retail Proximity — The site sits within 4 miles of Dollar General, Metro Market, Tractor Supply Co., The Home Depot, Aldi, Walmart, and ProHealth Care. Nearby, approximately 431,700 SF of commercial development and 1,808 residential units are underway or in planning.
- Milwaukee-Waukesha MSA Location — Positioned in a $130.9B GDP metro anchored by major employers with approximately 75,000+ undergraduates enrolled across 24 area colleges and universities.
- Supply-Constrained Market — Rentable self-storage supply of 7.62 square feet per capita in the trade area, below saturated-market benchmarks.
Listing Contacts
Listed by ParaSell Inc, Urow Real Estate
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