Investment Overview

Marcus & Millichap is pleased to present KCI RV Storage, a premier RV storage facility in the Kansas City MSA. KCI RV Storage consists of 101 bays, 104,850 rentable square feet and is situated on +/- 38 acres. This newly constructed facility is 100% occupied and features three single-story, steel constructed buildings with the third building completed in February 2022. Each building is heated with smart thermostat technology and R-32 insulated to prevent temperatures from exceeding 80 degrees, in addition to having 200-amp breaker panels every 10 bays. 15 of the 101 bays are equipped with individual dump stations. All units have electricity, Wi-Fi, floor drains, 14ft X 14ft LiftMaster power doors with smart openers, 20-amp outlet and 50-amp RV input connection. Additional property amenities include 29 security cameras, automatic LED lighting throughout, electric laser security fence, 85-foot-wide concrete drive aisles, an underground backflow system, three fire hydrants, three dump stations and a grinder pump station with oil separator. The property is approved for an additional five buildings and can be expanded up to eight total buildings. If the five additional buildings are constructed that would add +/- 194,040 additional rentable square feet. The expansion area already has gas, water and sewer lines in place. KCI RV Storage is located along US-169 in Smithville, Missouri and sees +/- 19,567 vehicles per day at US-169 and South Commercial Avenue. The site benefits from its prime location and proximity to Smithville Lake, the city of Smithville and Kansas City. Smithville Lake is a 7,190-acre recreational lake just 20 miles from downtown Kansas City. The Lake offers 175 miles of shoreline, 2 swim beaches, 752 campsites, 2 full-service marinas, 2 public golf courses, 4 disc golf courses, multiple hiking and biking trails and also allows for public hunting and fishing. The surrounding area is experiencing increased population growth with anticipated five-year population growth rates of 5.14% and 5.74% in the five and ten-mile radiuses. Meta (Facebook, Instagram and WhatsApp’s parent company) recently broke ground on an $800 million hyperscale data center campus only 2.5 miles away from KCI RV Storage. This project is expected to create hundreds of jobs in the area and Meta plans to be fully operational by 2024. This project will be supplied by 100% renewable energy and will be one of the world’s most sustainable data centers once completed.