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Self-Storage Facility

Box Springs Self Storage

6590 Box Springs Blvd, Riverside, CA 92507

Listing Price: Request For Offer

Number of Units
857
Occupancy
55.2%
Gross SF
96,386
Rentable SF
96,386
Year Built
1986

Investment Overview

Building layout consists of 14 single-story buildings made up of 857 non-climate-controlled units and 96,386 NRSF. Single-story block and metal construction form the drive-up layout with concrete drives throughout. Site one is situated on a flag style lot, while site two is a trapezoidal layout with expansion potential on the the hard corner. Roofs are a mix consisting of PTO membrane (site two) and metal
(site one). Both sites have updated exterior lighting, and the interior lighting for each unit is individually controlled.

Investment Highlights

  • The property will benefit from hands-on management to increase occupancy from 55 percent up to the current market average of 92.7 percent.
  • There is a 29,620 square foot vacant land parcel on the hard corner creating an expansion opportunity for exterior surface parking, and/or additional storage.
  • Densely populated trade area with over 67K people and 27K households within three miles of the subject property with a projected 3.54 percent population growth over the next five years.
  • The facility is located off Interstate Highway 15 with over 119,000 passing vehicles per day, and just west of the local retail corridor with brands such as Best Buy, Walmart, and Target to name a few.
  • he facility features a single-story, ground-level access design across both sites, providing 100 percent non-climate-controlled drive-up units.

Exclusively Listed By

Financing By

Self-Storage Facility

Box Springs Self Storage

Listing Price: Request For Offer

Number of Units
857
Occupancy
55.2%
Gross SF
96,386
Rentable SF
96,386
Year Built
1986

Investment Highlights

  • The property will benefit from hands-on management to increase occupancy from 55 percent up to the current market average of 92.7 percent.
  • There is a 29,620 square foot vacant land parcel on the hard corner creating an expansion opportunity for exterior surface parking, and/or additional storage.
  • Densely populated trade area with over 67K people and 27K households within three miles of the subject property with a projected 3.54 percent population growth over the next five years.
  • The facility is located off Interstate Highway 15 with over 119,000 passing vehicles per day, and just west of the local retail corridor with brands such as Best Buy, Walmart, and Target to name a few.
  • he facility features a single-story, ground-level access design across both sites, providing 100 percent non-climate-controlled drive-up units.

Investment Overview

Building layout consists of 14 single-story buildings made up of 857 non-climate-controlled units and 96,386 NRSF. Single-story block and metal construction form the drive-up layout with concrete drives throughout. Site one is situated on a flag style lot, while site two is a trapezoidal layout with expansion potential on the the hard corner. Roofs are a mix consisting of PTO membrane (site two) and metal (site one). Both sites have updated exterior lighting, and the interior lighting for each unit is individually controlled.

Exclusively Listed By

Financing By

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