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Self-Storage Facility

All Boxed Up Self Storage - Shippensburg

91 Progress Blvd, Shippensburg, PA 17257

Listing Price: $10,250,000

Cap Rate
1.98%
Number of Units
558
Occupancy
40.0%
Rentable SF
90,118
Price/Rentable SF
$113.74
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to offer for sale the All Boxed Up Self Storage Four Property Portfolio located in Chambersburg, Shippensburg, and Greencastle, Pennsylvania. The portfolio features a combined 257,843 net rentable square feet with a mix of climate-controlled units, non-climate-controlled units, and parking spaces. All four locations are within 20-25 miles of each other. Greencastle is in the process of doing a 65,000 square foot expansion and Shippensburg recently completed a 29,743 square foot expansion.

Investment Highlights

  • South-Central Pennsylvania Four Property Self-Storage Portfolio
  • All Four Facilities are Located Within 20-25 Miles of Each Other
  • 257,843 Combined Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, and Parking Spaces
  • Shippensburg Location Recently Completed a 29,743 Net Rentable Square Foot Expansion which Opened in August of 2023 and is Currently Leasing Up (80 Percent Occupied Prior to Completion of Expansion)

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Self-Storage Facility

All Boxed Up Self Storage - Shippensburg

Listing Price: $10,250,000

Cap Rate
1.98%
Number of Units
558
Occupancy
40.0%
Rentable SF
90,118
Price/Rentable SF
$113.74
Year Built
2021

Investment Highlights

  • South-Central Pennsylvania Four Property Self-Storage Portfolio
  • All Four Facilities are Located Within 20-25 Miles of Each Other
  • 257,843 Combined Net Rentable Square Feet
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, and Parking Spaces
  • Shippensburg Location Recently Completed a 29,743 Net Rentable Square Foot Expansion which Opened in August of 2023 and is Currently Leasing Up (80 Percent Occupied Prior to Completion of Expansion)

Investment Overview

Marcus & Millichap is pleased to offer for sale the All Boxed Up Self Storage Four Property Portfolio located in Chambersburg, Shippensburg, and Greencastle, Pennsylvania. The portfolio features a combined 257,843 net rentable square feet with a mix of climate-controlled units, non-climate-controlled units, and parking spaces. All four locations are within 20-25 miles of each other. Greencastle is in the process of doing a 65,000 square foot expansion and Shippensburg recently completed a 29,743 square foot expansion.

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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