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Self-Storage Facility

Storage Sense (Managed)

11801 Sears Dr, Livonia, MI 48150

Listing Price: $16,000,000

Cap Rate
0.63%
Number of Units
832
Occupancy
50.0%
Gross SF
94,244
Rentable SF
94,244
Price/Rentable SF
$169.77
Year Built
2025

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Sense (Managed) located in Livonia, Michigan. This is a brand new, three-story, fully climate-controlled facility expected to receive certificate of occupancy in October 2025. It features 832 climate-controlled units totaling 94,244 net rentable square feet. The site is easily accessible and is located in a very densely populated area that also sees around 23,000 cars per day.

Investment Highlights

  • Detroit MSA Self-Storage Offering with Upside
  • Brand-New, Three-Story, Fully Climate-Controlled Facility – Expected to Receive Certificate of Occupancy in October 2025
  • Located in Livonia, Michigan (About 20 Miles West of Downtown Detroit)
  • Easily Accessible from I-96 via both Merriman Road and Middlebelt Road
  • 94,244 Net Rentable Square Feet
  • 832 Climate-Controlled Self-Storage Units

Exclusively Listed By

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s) MI: 6502433613

    Michigan

Financing By

Self-Storage Facility

Storage Sense (Managed)

Listing Price: $16,000,000

Cap Rate
0.63%
Number of Units
832
Occupancy
50.0%
Gross SF
94,244
Rentable SF
94,244
Price/Rentable SF
$169.77
Year Built
2025

Investment Highlights

  • Detroit MSA Self-Storage Offering with Upside
  • Brand-New, Three-Story, Fully Climate-Controlled Facility – Expected to Receive Certificate of Occupancy in October 2025
  • Located in Livonia, Michigan (About 20 Miles West of Downtown Detroit)
  • Easily Accessible from I-96 via both Merriman Road and Middlebelt Road
  • 94,244 Net Rentable Square Feet
  • 832 Climate-Controlled Self-Storage Units

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Sense (Managed) located in Livonia, Michigan. This is a brand new, three-story, fully climate-controlled facility expected to receive certificate of occupancy in October 2025. It features 832 climate-controlled units totaling 94,244 net rentable square feet. The site is easily accessible and is located in a very densely populated area that also sees around 23,000 cars per day.

Exclusively Listed By

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s): MI: 6502433613

    Michigan

Financing By

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