Self-Storage Facility
Store-N-Lock
3518 Kratzville Rd, Evansville, IN 47710
Listing Price: $750,000
Investment Overview
The Delaney Self-Storage Group of Marcus & Millichap is pleased to exclusively present Store-N-Lock located at 3518 Kratzville Road in Evansville, Indiana. Built in 2010, the facility offers non-climate-controlled units and additional parking. Situated on 4.68 acres the site has fenced entry a metal constructed buildings. This offering also includes +/- 22,250 square feet of expansion potential.
Store-N-Lock
Investment Highlights
- Development Play in Indiana's Third Largest City
- 3.5 SF/Capita of Non-Climate-Controlled Storage in 3-Mile Radius
- +/- 22,250 Square Foot Expansion Opportunity
- Strong Year 5 Internal Rate of Return of 11.98% and Leveraged Rate of Return of 20.32%
- Adjacent House Included in Sale and is Currently Rented for $725 per Month (3 Year Lease). Estimated Market Value of $119,000 (Redfin).
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $750,000
Investment Highlights
- Development Play in Indiana's Third Largest City
- 3.5 SF/Capita of Non-Climate-Controlled Storage in 3-Mile Radius
- +/- 22,250 Square Foot Expansion Opportunity
- Strong Year 5 Internal Rate of Return of 11.98% and Leveraged Rate of Return of 20.32%
- Adjacent House Included in Sale and is Currently Rented for $725 per Month (3 Year Lease). Estimated Market Value of $119,000 (Redfin).
Investment Overview
The Delaney Self-Storage Group of Marcus & Millichap is pleased to exclusively present Store-N-Lock located at 3518 Kratzville Road in Evansville, Indiana. Built in 2010, the facility offers non-climate-controlled units and additional parking. Situated on 4.68 acres the site has fenced entry a metal constructed buildings. This offering also includes +/- 22,250 square feet of expansion potential.
Exclusively Listed By
Broker of Record
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Josh Caruana
First Vice President/District Manager
Financing By
