Investment Overview

Marcus & Millichap is pleased to exclusively present Lark Self Storage, a stabilized self-storage facility located in Janesville, Wisconsin. Currently over 97 percent physically occupied, the property is positioned in a growing market with strong demand for storage solutions. The site offers excellent visibility and convenient access to major thoroughfares, including Interstate 90, which sees approximately 63,900 vehicles per day. Recent upgrades include full asphalt paving completed in 2024 and conduit installation to support future electrical needs. The facility features a diverse unit mix, including large 10x30 units added in 2024 to meet strong demand for RV and boat storage. A significant value-add opportunity exists through expansion potential that could add approximately 29,000 square feet of storage. Once completed and fully leased, the expansion is projected to generate an additional $15,750 per month in rental income, substantially enhancing the property’s revenue profile. Janesville, the largest city in Rock County, serves as a key economic hub in southern Wisconsin. With a population exceeding 66,000, the city offers a balanced mix of residential, retail, and industrial development. Its strategic location along Interstate 90 provides excellent connectivity to Madison, Milwaukee, and Chicago, making it an ideal market for self-storage investment.