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Self-Storage Facility

Secure Self-Storage of Brooklyn - Land & Development

14600 U.S. 12, Brooklyn, MI 49230

Listing Price: $1,150,000

Cap Rate
1.00%
Rentable SF
65,640
Price/Rentable SF
$17.52
Year Built
2023

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Secure Self-Storage in Brooklyn, MI. Secure Self-Storage of Brooklyn presents a compelling investment opportunity in the flourishing market of Brooklyn, MI. Strategically located on 10 acres of land zoned (201) Commercial/Light Industrial, this property offers approved land and plans for development, providing investors with a streamlined path to breaking ground. With the potential to construct up to 65,000 to 70,000 net rentable square feet of self-storage space, the property holds substantial growth prospects.

Investors can anticipate attractive returns, with projected cap rates of 9.27% in Year 3 and 12.14% in Year 5, reflecting the property's promising income-generating potential. Situated in a vacation and summer destination area with over 50 lakes within a 15-mile radius and home to the Michigan International Speedway, the property benefits from a steady influx of visitors and residents, bolstering its market appeal.

With a population of approximately 37,646 within a 10-mile radius, Secure Self-Storage of Brooklyn serves a sizable customer base, ensuring stable occupancy rates and revenue streams. As an established asset in a dynamic market, this property offers investors the opportunity to capitalize on the demand for self-storage solutions in a thriving community.

Investment Highlights

  • 10 Acres - Zoned (201) Commercial / Light Industrial
  • Potential of building up to 65,000 to 70,000 NRSF of Self-Storage
  • 9.27% Year 3 Cap Rate / 12.14% Year 5 Cap Rate
  • Vacation & Summer Destination Area (more than 50 lakes within a 15-mile radius)
  • Home of Michigan International Speedway
  • 37,646 People In 10-Miles

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Self-Storage Facility

Secure Self-Storage of Brooklyn - Land & Development

Listing Price: $1,150,000

Cap Rate
1.00%
Rentable SF
65,640
Price/Rentable SF
$17.52
Year Built
2023

Investment Highlights

  • 10 Acres - Zoned (201) Commercial / Light Industrial
  • Potential of building up to 65,000 to 70,000 NRSF of Self-Storage
  • 9.27% Year 3 Cap Rate / 12.14% Year 5 Cap Rate
  • Vacation & Summer Destination Area (more than 50 lakes within a 15-mile radius)
  • Home of Michigan International Speedway
  • 37,646 People In 10-Miles

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Secure Self-Storage in Brooklyn, MI. Secure Self-Storage of Brooklyn presents a compelling investment opportunity in the flourishing market of Brooklyn, MI. Strategically located on 10 acres of land zoned (201) Commercial/Light Industrial, this property offers approved land and plans for development, providing investors with a streamlined path to breaking ground. With the potential to construct up to 65,000 to 70,000 net rentable square feet of self-storage space, the property holds substantial growth prospects. Investors can anticipate attractive returns, with projected cap rates of 9.27% in Year 3 and 12.14% in Year 5, reflecting the property's promising income-generating potential. Situated in a vacation and summer destination area with over 50 lakes within a 15-mile radius and home to the Michigan International Speedway, the property benefits from a steady influx of visitors and residents, bolstering its market appeal. With a population of approximately 37,646 within a 10-mile radius, Secure Self-Storage of Brooklyn serves a sizable customer base, ensuring stable occupancy rates and revenue streams. As an established asset in a dynamic market, this property offers investors the opportunity to capitalize on the demand for self-storage solutions in a thriving community.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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