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Self-Storage Facility

Lockwood Self Storage

100 Main St, Springfield, MA 01105

Listing Price: $1,000,000

Cap Rate
6.33%
Number of Units
28
Occupancy
100.0%
Rentable SF
7,050
Price/Rentable SF
$141.84
Year Built
2015

Investment Overview

Marcus & Millichap is pleased to offer for sale Lockwood Self Storage located in Springfield, Massachusetts. This site, along with another facility in Marlborough, New Hampshire, are available together or separately. The site consists of 7,050 net rentable square feet with 26 non-climate controlled units and two parking spaces. The site has below market rents and consists of mostly larger units that cater to small businesses.

Investment Highlights

  • Springfield, Massachusetts Stabilized Self Storage Facility
  • Below Market Rents
  • 7,050 Net Rentable Square Feet
  • 26 Non-Climate-Controlled Units and Two Parking Spaces

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Financing By

Self-Storage Facility

Lockwood Self Storage

Listing Price: $1,000,000

Cap Rate
6.33%
Number of Units
28
Occupancy
100.0%
Rentable SF
7,050
Price/Rentable SF
$141.84
Year Built
2015

Investment Highlights

  • Springfield, Massachusetts Stabilized Self Storage Facility
  • Below Market Rents
  • 7,050 Net Rentable Square Feet
  • 26 Non-Climate-Controlled Units and Two Parking Spaces

Investment Overview

Marcus & Millichap is pleased to offer for sale Lockwood Self Storage located in Springfield, Massachusetts. This site, along with another facility in Marlborough, New Hampshire, are available together or separately. The site consists of 7,050 net rentable square feet with 26 non-climate controlled units and two parking spaces. The site has below market rents and consists of mostly larger units that cater to small businesses.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

Financing By

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