Investment Overview

Marcus & Millichap is pleased to present the Capital City Storage Portfolio. This two-property self-storage portfolio offers 557 total units and 61,722 rentable square feet. This offering includes both climate and non-climate-controlled units, plus additional outdoor parking. Both locations are within 4.4 miles of each other. The two sites are fully fenced and secured with automatic gates with OpenTech Alliance keypads, concrete drives, steel constructed buildings and video surveillance. The Kansas Avenue location provides 301 total units; the unit mix is comprised of climate-controlled, non-climate-controlled and additional outdoor parking spaces. This site has 32,822 rentable square feet. The Kansas Avenue location also has room for additional climate-controlled and portable units. The Gage Boulevard location provides 256 non-climate-controlled units and 28,900 rentable square feet. The Capital City Storage Portfolio is located in Topeka, Kansas, the state's capital city and home to over 125,000 residents. Topeka is the fifth most populated city in Kansas with a robust history and economy. The Capital City Storage Portfolio provides investors with a two-property asset that is currently being managed by a 3rd party vendor and still has plenty of upside.