Skip to main content

Self-Storage Facility

Extra Space Storage (Managed)

2440 Mackinwood Dr, Lexington, KY 40510

Listing Price: $8,800,000

Cap Rate
4.42%
Number of Units
356
Occupancy
85.0%
Gross SF
68,450
Rentable SF
68,450
Price/Rentable SF
$128.56
Year Built
2018

Investment Overview

Marcus & Millichap is pleased to offer for sale Extra Space Storage (Managed) located in Lexington, Kentucky. This facility features 119 climate-controlled units, 164 non-climate-controlled units, 73 covered parking spaces, and 39 uncovered parking spaces totaling 68,450 net rentable square feet. The owners recently completed an expansion in July 2025 and have invested over $2 million in capital improvements since acquiring the facility in early 2024.

Investment Highlights

  • Lexington, Kentucky Self-Storage Offering with Upside
  • 68,450 Net Rentable Square Feet
  • 119 Climate-Controlled Units, 164 Non-Climate-Controlled Units, 73 Covered Parking Spaces, and 39 Uncovered Parking Spaces
  • Recently Completed Expansion in July 2025

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Self-Storage Facility

Extra Space Storage (Managed)

Listing Price: $8,800,000

Cap Rate
4.42%
Number of Units
356
Occupancy
85.0%
Gross SF
68,450
Rentable SF
68,450
Price/Rentable SF
$128.56
Year Built
2018

Investment Highlights

  • Lexington, Kentucky Self-Storage Offering with Upside
  • 68,450 Net Rentable Square Feet
  • 119 Climate-Controlled Units, 164 Non-Climate-Controlled Units, 73 Covered Parking Spaces, and 39 Uncovered Parking Spaces
  • Recently Completed Expansion in July 2025

Investment Overview

Marcus & Millichap is pleased to offer for sale Extra Space Storage (Managed) located in Lexington, Kentucky. This facility features 119 climate-controlled units, 164 non-climate-controlled units, 73 covered parking spaces, and 39 uncovered parking spaces totaling 68,450 net rentable square feet. The owners recently completed an expansion in July 2025 and have invested over $2 million in capital improvements since acquiring the facility in early 2024.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

MM Texture Background
MM Textured Background Lower