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Self-Storage Facility

Space Squared Self Storage

949 4 Mile Rd NW, Grand Rapids, MI 49544

Listing Price: $5,500,000

Number of Units
317
Occupancy
32.0%
Rentable SF
41,926
Price/Rentable SF
$131.18
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to offer for sale Space Squared Self Storage located in Grand Rapids, Michigan. This property features 194 climate-controlled units and 123 non-climate units totaling 41,926 net rentable square feet. This is a newly built, class-A facility that benefits from a dense and growing surrounding population. Space Squared Self Storage sits on 4.01 acres of land and is located about five miles north of central Grand Rapids.

Investment Highlights

  • Grand Rapids, Michigan Class-A Self Storage Offering
  • 41,926 Net Rentable Square Feet
  • 194 CC Units | 123 NCC Units
  • Newly Renovated/Built Class-A Self Storage Facility
  • Leasing Up Quickly | Currently 32 Percent Physically Occupied (Minimal Slow Down During the Winter)

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Self-Storage Facility

Space Squared Self Storage

Listing Price: $5,500,000

Number of Units
317
Occupancy
32.0%
Rentable SF
41,926
Price/Rentable SF
$131.18
Year Built
1995

Investment Highlights

  • Grand Rapids, Michigan Class-A Self Storage Offering
  • 41,926 Net Rentable Square Feet
  • 194 CC Units | 123 NCC Units
  • Newly Renovated/Built Class-A Self Storage Facility
  • Leasing Up Quickly | Currently 32 Percent Physically Occupied (Minimal Slow Down During the Winter)

Investment Overview

Marcus & Millichap is pleased to offer for sale Space Squared Self Storage located in Grand Rapids, Michigan. This property features 194 climate-controlled units and 123 non-climate units totaling 41,926 net rentable square feet. This is a newly built, class-A facility that benefits from a dense and growing surrounding population. Space Squared Self Storage sits on 4.01 acres of land and is located about five miles north of central Grand Rapids.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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