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Self-Storage Facility

National Storage Centers

3469 S High St, Columbus, OH 43207

Listing Price: $8,000,000

Cap Rate
5.55%
Number of Units
632
Occupancy
74.0%
Gross SF
70,242
Rentable SF
70,242
Price/Rentable SF
$113.89
Year Built
2018

Investment Overview

Marcus & Millichap is pleased to offer for sale National Storage Centers located in Columbus, Ohio. The facility features 629 climate-controlled units and three non-climate-controlled units totaling 70,242 net rentable square feet. There is an approved 26,000-square-foot fortress style, drive-up expansion possible as well. The site has well below market rents and there are high year one and pro forma yields and cash-on-cash return opportunities even before the expansion.

Investment Highlights

  • Columbus, Ohio Self-Storage Facility with Significant Upside
  • Located Five Miles South of Downtown
  • 70,242 Net Rentable Square Feet
  • 629 Climate-Controlled Units | Three Non-Climate-Controlled Units
  • Approved 26,000-Square-Foot Fortress Style, Drive-Up Expansion

Exclusively Listed By

Financing By

Self-Storage Facility

National Storage Centers

Listing Price: $8,000,000

Cap Rate
5.55%
Number of Units
632
Occupancy
74.0%
Gross SF
70,242
Rentable SF
70,242
Price/Rentable SF
$113.89
Year Built
2018

Investment Highlights

  • Columbus, Ohio Self-Storage Facility with Significant Upside
  • Located Five Miles South of Downtown
  • 70,242 Net Rentable Square Feet
  • 629 Climate-Controlled Units | Three Non-Climate-Controlled Units
  • Approved 26,000-Square-Foot Fortress Style, Drive-Up Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale National Storage Centers located in Columbus, Ohio. The facility features 629 climate-controlled units and three non-climate-controlled units totaling 70,242 net rentable square feet. There is an approved 26,000-square-foot fortress style, drive-up expansion possible as well. The site has well below market rents and there are high year one and pro forma yields and cash-on-cash return opportunities even before the expansion.

Exclusively Listed By

Financing By

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