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Self-Storage Facility

True Storage Development Opportunity

20745 Rte 19, Cranberry Township, PA 16066

Listing Price: $2,000,000

Cap Rate
4.74%
Number of Units
548
Occupancy
75.0%
Gross SF
72,000
Rentable SF
55,800
Price/Rentable SF
$35.84
Year Built
2022

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale True Storage development opportunity located in Cranberry Township, Pennsylvania. This facility will be completed in 2022 and will feature 548 climate-controlled units totaling 55,800 net rentable square feet. This facility will benefit from a growing and affluent surrounding population. True Storage sits on 2.11 acres of land and is located about 20 miles north of Pittsburgh, Pennsylvania.

Investment Highlights

  • Pittsburgh, Pennsylvania MSA Self-Storage Offering
  • 55,800 Net Rentable Square Feet
  • 548 Climate-Controlled Units
  • Surrounded by National Retail Brands

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Self-Storage Facility

True Storage Development Opportunity

Listing Price: $2,000,000

Cap Rate
4.74%
Number of Units
548
Occupancy
75.0%
Gross SF
72,000
Rentable SF
55,800
Price/Rentable SF
$35.84
Year Built
2022

Investment Highlights

  • Pittsburgh, Pennsylvania MSA Self-Storage Offering
  • 55,800 Net Rentable Square Feet
  • 548 Climate-Controlled Units
  • Surrounded by National Retail Brands

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale True Storage development opportunity located in Cranberry Township, Pennsylvania. This facility will be completed in 2022 and will feature 548 climate-controlled units totaling 55,800 net rentable square feet. This facility will benefit from a growing and affluent surrounding population. True Storage sits on 2.11 acres of land and is located about 20 miles north of Pittsburgh, Pennsylvania.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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