Self-Storage Facility
Cherry Storage
402 S 5th St, Saint Joseph, MO 64501
Listing Price: $7,250,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Cherry Storage located about 48 miles north of Kansas City in Saint Joseph, Missouri. This facility was recently renovated, and its full grand opening is expected to take place in April or May of 2023. Cherry Storage currently features 696 climate-controlled self-storage units that make up 71,139 net rentable square feet. Cherry Storage will benefit from strong demand for climate-controlled self-storage and excellent visibility.
Listing Price: $7,250,000
Investment Highlights
- St. Joseph, Missouri Self-Storage Offering with Upside
- 71,139 Net Rentable Square Feet
- 696 Climate-Controlled Units
- Received Partial Certificate of Occupancy in June 2021
- Full Grand Opening Expected April or May 2023
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Cherry Storage located about 48 miles north of Kansas City in Saint Joseph, Missouri. This facility was recently renovated, and its full grand opening is expected to take place in April or May of 2023. Cherry Storage currently features 696 climate-controlled self-storage units that make up 71,139 net rentable square feet. Cherry Storage will benefit from strong demand for climate-controlled self-storage and excellent visibility.
