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Self-Storage Facility

Hampden, MA Storage Development Opportunity

2 Somers Rd, Hampden, MA 01036

Listing Price: $1,000,000

Cap Rate
0.96%
Number of Units
306
Occupancy
50.0%
Rentable SF
40,800
Price/Rentable SF
$24.51
Year Built
2025

Investment Overview

Marcus & Millichap is pleased to offer for sale this Hampden, MA Self Storage Development Opportunity. The proposed site is for a 40,800 NRSF facility with 306 non-climate controlled units. This is an undersaturated storage market with no other facilities within a three mile radius and 5.21 net rentable square feet per capita within a five mile radius. This is also a very affluent market that will support the site.

Investment Highlights

  • Springfield, MA MSA Self-Storage Development Opportunity
  • Proposed 40,800 Net Rentable Square Feet & 306 Non-Climate Controlled Units
  • Undersaturated Market: No Other Facilities Within a Three-Mile Radius and 5.21 Net Rentable Square Feet Per Capita Within a Five-Mile Radius

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

Hampden, MA Storage Development Opportunity

Listing Price: $1,000,000

Cap Rate
0.96%
Number of Units
306
Occupancy
50.0%
Rentable SF
40,800
Price/Rentable SF
$24.51
Year Built
2025

Investment Highlights

  • Springfield, MA MSA Self-Storage Development Opportunity
  • Proposed 40,800 Net Rentable Square Feet & 306 Non-Climate Controlled Units
  • Undersaturated Market: No Other Facilities Within a Three-Mile Radius and 5.21 Net Rentable Square Feet Per Capita Within a Five-Mile Radius

Investment Overview

Marcus & Millichap is pleased to offer for sale this Hampden, MA Self Storage Development Opportunity. The proposed site is for a 40,800 NRSF facility with 306 non-climate controlled units. This is an undersaturated storage market with no other facilities within a three mile radius and 5.21 net rentable square feet per capita within a five mile radius. This is also a very affluent market that will support the site.

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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