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Self-Storage Facility

BuxBear Storage

1935 Aerotech Dr, Colorado Springs, CO 80916

Listing Price: $12,875,000

Cap Rate
1.81%
Number of Units
605
Occupancy
75.0%
Rentable SF
111,360
Price/Rentable SF
$115.62
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale BuxBear Storage located in Colorado Springs, Colorado. The facility consists of 466 climate-controlled units and 139 non-climate-controlled units totaling 111,360 net rentable square-feet. The property is fully fenced with an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a dense and growing surrounding population. The population within five miles of the facility is 197,818, which represents a 13 percent increase since 2000 and is expected to continue to grow over the next five years. The facility is conveniently located near U.S. 24 and other major roads and are surrounded by many residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 34,000 cars per day. BuxBear Storage is being offered for $12,875,000 or $115.62 per rentable square-foot.

Investment Highlights

  • Newly Built, Class A Self-Storage Facility
  • Opened in 2020
  • 111,360 Net Rentable Square-Feet
  • 466 Climate-Controlled Units | 139 Non-Climate-Controlled Units
  • Self Service Kiosks

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Self-Storage Facility

BuxBear Storage

Listing Price: $12,875,000

Cap Rate
1.81%
Number of Units
605
Occupancy
75.0%
Rentable SF
111,360
Price/Rentable SF
$115.62
Year Built
2020

Investment Highlights

  • Newly Built, Class A Self-Storage Facility
  • Opened in 2020
  • 111,360 Net Rentable Square-Feet
  • 466 Climate-Controlled Units | 139 Non-Climate-Controlled Units
  • Self Service Kiosks

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale BuxBear Storage located in Colorado Springs, Colorado. The facility consists of 466 climate-controlled units and 139 non-climate-controlled units totaling 111,360 net rentable square-feet. The property is fully fenced with an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a dense and growing surrounding population. The population within five miles of the facility is 197,818, which represents a 13 percent increase since 2000 and is expected to continue to grow over the next five years. The facility is conveniently located near U.S. 24 and other major roads and are surrounded by many residential neighborhoods, as well as, restaurants, retail stores, schools, and much more. This offers the facility great street frontage and high daily traffic counts of around 34,000 cars per day. BuxBear Storage is being offered for $12,875,000 or $115.62 per rentable square-foot.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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