Investment Overview

North Lebanon Self Storage opened in late 2021 with Phase 1 in place, which consists of 7,540 NRSF of climate controlled storage, 29,419 NRSF of drive up storage and 13 outdoor parking spaces. The property owner completed the excavating work and storm water retention pond in order to receive entitlements on Phase 2. The property features Miller Building metal buildings, standing seam metal roof, fully fenced property, electronic gate with keypad access, security cameras, lighting, paved drive aisles, rental office, drive up, climate controlled and outside parking storage options. The facility has been developed and operated by the property owner since the properties inception in 2021. The facility owner uses Storage Commander for management software, Door King for access control and Storage Pug for the website. The property could benefit from more funds allocated to search engine optimization and a routine revenue management strategy. North Lebanon Self Storage is located on PA-72, which is a highly traveled road between the city of Lebanon, PA and Ft. Indian Town Gap, which is a National Guard training facility that is the second largest in the US. The town of Lebanon, PA is located in Lebanon County and the facility is located in North Lebanon Township within the county. Lebanon is typically identified as central Pennsylvania and included in the Harrisburg MSA. Lebanon is approximately 25 miles east of Harrisburg and 85 miles northwest of Philadelphia.