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Self-Storage Facility

Storage Solutions

18389 Olde Coach Dr, Rehoboth Beach, DE 19971

Listing Price: $19,800,000

Cap Rate
5.17%
Number of Units
522
Occupancy
89.0%
Gross SF
76,324
Rentable SF
76,324
Price/Rentable SF
$259.42
Year Built
1900

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Solutions located in Rehoboth Beach, Delaware. This self-storage and retail offering consists of 522 units, 24 parking spaces, and six retail spaces. There is approximately 10,000 Square Feet of land that can be used for an expansion as well. The site has a prime location with many surrounding businesses and shopping centers and sees around 60,000 cars per day.

Investment Highlights

  • Southeastern Delaware Self Storage and Retail Offering
  • Located in the Affluent City of Rehoboth Beach
  • 76,324 Net Rentable Square Feet
  • 522 Self Storage Units, 24 Parking Spaces, and Six Retail Spaces
  • Approximately 10,000 Square Feet of Land that can be Used for an Expansion

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s) DE: RB-0031281

    Delaware

Financing By

Self-Storage Facility

Storage Solutions

Listing Price: $19,800,000

Cap Rate
5.17%
Number of Units
522
Occupancy
89.0%
Gross SF
76,324
Rentable SF
76,324
Price/Rentable SF
$259.42
Year Built
1900

Investment Highlights

  • Southeastern Delaware Self Storage and Retail Offering
  • Located in the Affluent City of Rehoboth Beach
  • 76,324 Net Rentable Square Feet
  • 522 Self Storage Units, 24 Parking Spaces, and Six Retail Spaces
  • Approximately 10,000 Square Feet of Land that can be Used for an Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Solutions located in Rehoboth Beach, Delaware. This self-storage and retail offering consists of 522 units, 24 parking spaces, and six retail spaces. There is approximately 10,000 Square Feet of land that can be used for an expansion as well. The site has a prime location with many surrounding businesses and shopping centers and sees around 60,000 cars per day.

Exclusively Listed By

Broker of Record

  • Timothy B. Stephenson Jr.

    Regional Manager

    (215) 531-7000

    License(s): DE: RB-0031281

    Delaware

Financing By

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