Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale AAA Platte Self Storage located in Colorado Springs, Colorado. The facility consists of 539 climate-controlled units, 13 office spaces, and six commercial spaces totaling 215,908 total net rentable square feet. There are also 303 parking spaces available for rent. The property is fully secured with an on-site management office, and video surveillance. The location of this facility benefits from a dense and growing surrounding population. The population within five miles of the facility is 255,019, which represents a 17 percent increase since 2000 and is expected to continue to grow over the next five years. They are located off a busy street just two miles from Colorado Springs Airport and are surrounded by lots of residential neighborhoods, as well as restaurants and retail stores. This offers the facility great street frontage and high daily traffic counts of around 40,000 cars per day off East Platte Avenue. AAA Platte Self Storage is being offered for $19 million or $88.00 per rentable square foot.