Investment Overview

Redding Airport Self Storage is a modern, 604-unit self-storage facility encompassing 163,844 net rentable square feet on approximately 9.25 acres in Redding, CA. Phase I was completed in November of 2022, with phase II coming online in January of 2024. The property features 16 single-story buildings with convenient drive-up access to all units. The facility is equipped with a range of amenities, including a gated entry with digital keypad access, a dedicated onsite management office located at the entrance, 24/7 video surveillance, concrete driveways, and units with roll-up doors for easy access. With excellent visibility on Redding Airport Road, the property benefits from high traffic exposure, with over 8,664 vehicles passing by daily. The area is supported by strong commercial tenants like Starbucks, In-N-Out Burger, Ross Dress for Less, and Costco, adding to the appeal. D.R. Horton is developing 1,000 single-family and multi-family homes within one mile of the asset. Redding boasts robust storage demand, with strong market fundamentals and an average household income exceeding $102,000 annually.