Skip to main content

Self-Storage Facility

IncaAztec Self Storage

12775 Berea Rd, Cleveland, OH 44111

Listing Price: $5,100,000

Cap Rate
2.56%
Number of Units
447
Occupancy
34.0%
Rentable SF
51,955
Price/Rentable SF
$98.16
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale IncaAztec Self Storage located in Cleveland, Ohio. This facility was converted in 2021 and features 446 climate-controlled units and one warehouse totaling 51,955 net rentable square feet. This facility benefits from a dense surrounding population in the suburb of Lakewood. IncaAztec Self Storage sits on 2.98 acres of land and is located about five miles west from downtown Cleveland, Ohio.

Investment Highlights

  • Newly Converted Cleveland Self-Storage Facility With Large Upside
  • Located in the Quality Westside Suburb of Lakewood
  • Phase I Converted and Opened in 2021 and is Already Around 80 Percent Occupied
  • Phase II Expansion Will Be Completed and Delivered with the Sale in April 2023

Exclusively Listed By

Financing By

Self-Storage Facility

IncaAztec Self Storage

Listing Price: $5,100,000

Cap Rate
2.56%
Number of Units
447
Occupancy
34.0%
Rentable SF
51,955
Price/Rentable SF
$98.16
Year Built
2021

Investment Highlights

  • Newly Converted Cleveland Self-Storage Facility With Large Upside
  • Located in the Quality Westside Suburb of Lakewood
  • Phase I Converted and Opened in 2021 and is Already Around 80 Percent Occupied
  • Phase II Expansion Will Be Completed and Delivered with the Sale in April 2023

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale IncaAztec Self Storage located in Cleveland, Ohio. This facility was converted in 2021 and features 446 climate-controlled units and one warehouse totaling 51,955 net rentable square feet. This facility benefits from a dense surrounding population in the suburb of Lakewood. IncaAztec Self Storage sits on 2.98 acres of land and is located about five miles west from downtown Cleveland, Ohio.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower