Self-Storage Facility
Spacelocks Storage
406 SE 45th St, Topeka, KS 66609
Listing Price: $1,450,000
Investment Overview
Marcus & Millichap is pleased to offer for sale Spacelocks Storage located in Topeka, Kansas. The site currently features 129 non-climate units and 55 parking spaces totaling 18,675 net rentable square feet. There is 7,000 square feet of pad-ready expansion on the north side of the property. The sellers have invested significant capital in the property on things like a new keypad, fence, painting, and doors, as well as preparing for further expansion. The sellers have bids to build the expansion for around $100,000. There is upside through the expansion opportunity as well as tighter management.
Spacelocks Storage
Investment Highlights
- Topeka, Kansas Self Storage Facility
- Seller has Received Bids to Build the Expansion for Approximately $100K Bringing the All-In Cost to Approximately $1.55 Million
- 18,675 Net Rentable Square Feet
- 129 Non-Climate-Controlled Units and 55 Parking Spaces
- 7,000-Square-Foot of Pad Ready Expansion Room on North Side of Property
Broker of Record
Financing By
Listing Price: $1,450,000
Investment Highlights
- Topeka, Kansas Self Storage Facility
- Seller has Received Bids to Build the Expansion for Approximately $100K Bringing the All-In Cost to Approximately $1.55 Million
- 18,675 Net Rentable Square Feet
- 129 Non-Climate-Controlled Units and 55 Parking Spaces
- 7,000-Square-Foot of Pad Ready Expansion Room on North Side of Property
Investment Overview
Marcus & Millichap is pleased to offer for sale Spacelocks Storage located in Topeka, Kansas. The site currently features 129 non-climate units and 55 parking spaces totaling 18,675 net rentable square feet. There is 7,000 square feet of pad-ready expansion on the north side of the property. The sellers have invested significant capital in the property on things like a new keypad, fence, painting, and doors, as well as preparing for further expansion. The sellers have bids to build the expansion for around $100,000. There is upside through the expansion opportunity as well as tighter management.
Broker of Record
Financing By
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