Self-Storage Facility
Heartland Storage
10630 W 133rd Ave, Cedar Lake, IN 46303
Listing Price: $16,900,000
Investment Overview
Marcus & Millichap is pleased to offer for sale Heartland Storage located in Cedar Lake, Indiana. This property was built in 1995, expanded in 2019 and 2022, and features 34 climate-controlled units and 824 non-climate units totaling 148,010 net rentable square-feet. 31,500 square-feet were brought online July 2022 and there are six additional acres for expansion. This is a stabilized and cash-flowing facility that benefits from an affluent and growing surrounding population. Heartland Storage sits on 25.59 acres of land and is located about 35 miles south-east of Chicago, Illinois.
Listing Price: $16,900,000
Investment Highlights
- Cedar Lake, Indiana Self Storage Five Property Portfolio
- 148,010 Net Rentable Square-Feet; 34 Climate-Controlled Units, 824 Non-Climate Units
- 31,500 Net Rentable Square-Feet Delivered in July 2022
- Stabilized Facility – 91.11 Percent Physical Occupancy
Investment Overview
Marcus & Millichap is pleased to offer for sale Heartland Storage located in Cedar Lake, Indiana. This property was built in 1995, expanded in 2019 and 2022, and features 34 climate-controlled units and 824 non-climate units totaling 148,010 net rentable square-feet. 31,500 square-feet were brought online July 2022 and there are six additional acres for expansion. This is a stabilized and cash-flowing facility that benefits from an affluent and growing surrounding population. Heartland Storage sits on 25.59 acres of land and is located about 35 miles south-east of Chicago, Illinois.
