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Self-Storage Facility

Main Street Self Storage / PPG Paint

1735 Main St, Bridgeport, CT 06604

Listing Price: $3,795,000

Cap Rate
5.91%
Number of Units
170
Occupancy
37.0%
Gross SF
42,500
Rentable SF
28,883
Price/Rentable SF
$131.39
Year Built
1976

Investment Overview

Marcus & Millichap is pleased to offer for sale Main Street Self Storage located in Bridgeport, Connecticut. This property features 140 non-climate units and 30 lockers totaling 14,383 net rentable square feet. This facility benefits from the Pittsburgh Paints lease occupying an additional 14,500 SF and a dense, affluent, and growing surrounding population. Main Street Self Storage sits on 0.83 acres of land and is about 15 miles south-west of New Haven, Connecticut.

Investment Highlights

  • Bridgeport, CT Self Storage Offering With Large Upside
  • 14,383 Net Rentable Square Feet of Storage
  • 140 Non-Climate Units | 30 Lockers
  • Property Includes a Pittsburgh Paints Lease Which Started in 2011 and Ends in 2026
  • Preliminary Redevelopment Approvals for an 85 Unit Apartment Expansion

Exclusively Listed By

Financing By

Self-Storage Facility

Main Street Self Storage / PPG Paint

Listing Price: $3,795,000

Cap Rate
5.91%
Number of Units
170
Occupancy
37.0%
Gross SF
42,500
Rentable SF
28,883
Price/Rentable SF
$131.39
Year Built
1976

Investment Highlights

  • Bridgeport, CT Self Storage Offering With Large Upside
  • 14,383 Net Rentable Square Feet of Storage
  • 140 Non-Climate Units | 30 Lockers
  • Property Includes a Pittsburgh Paints Lease Which Started in 2011 and Ends in 2026
  • Preliminary Redevelopment Approvals for an 85 Unit Apartment Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Main Street Self Storage located in Bridgeport, Connecticut. This property features 140 non-climate units and 30 lockers totaling 14,383 net rentable square feet. This facility benefits from the Pittsburgh Paints lease occupying an additional 14,500 SF and a dense, affluent, and growing surrounding population. Main Street Self Storage sits on 0.83 acres of land and is about 15 miles south-west of New Haven, Connecticut.

Exclusively Listed By

Financing By

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