Skip to main content

Self-Storage Facility

Midway Self Storage

1496 Files Cross Rd, Martinsburg, WV 25404

Listing Price: $3,000,000

Cap Rate
6.20%
Number of Units
237
Occupancy
97.0%
Gross SF
36,300
Rentable SF
36,300
Price/Rentable SF
$82.64
Year Built
2007

Investment Overview

Marcus & Millichap is pleased to offer for sale Midway Self Storage located in Martinsburg, West Virginia. The site is 60 miles from downtown Washington, DC. It features 237 non-climate-controlled units totaling 36,300 net rentable square feet. There is room for future expansion and the site is currently 97 percent occupied. The site also has great visibility and sees around 7,400 cars per day.

Investment Highlights

  • Self-Storage Offering Just Outside the Washington, DC MSA with Significant Upside
  • 36,300 Net Rentable Square Feet
  • 237 Non-Climate Controlled Drive-Up Units
  • Room For Future Expansion Opportunities | Additional Expansion Space is Graded and Level with Stormwater Management In-Place
  • Approximately Five Miles from the Maryland Border and 60 Miles from Downtown Washington, DC

Broker of Record

  • Michael Glass

    Executive Managing Director, Chief Revenue Officer

    (216) 264-2060

    License(s) WV: WVB260301219

    West Virginia

Financing By

Self-Storage Facility

Midway Self Storage

Listing Price: $3,000,000

Cap Rate
6.20%
Number of Units
237
Occupancy
97.0%
Gross SF
36,300
Rentable SF
36,300
Price/Rentable SF
$82.64
Year Built
2007

Investment Highlights

  • Self-Storage Offering Just Outside the Washington, DC MSA with Significant Upside
  • 36,300 Net Rentable Square Feet
  • 237 Non-Climate Controlled Drive-Up Units
  • Room For Future Expansion Opportunities | Additional Expansion Space is Graded and Level with Stormwater Management In-Place
  • Approximately Five Miles from the Maryland Border and 60 Miles from Downtown Washington, DC

Investment Overview

Marcus & Millichap is pleased to offer for sale Midway Self Storage located in Martinsburg, West Virginia. The site is 60 miles from downtown Washington, DC. It features 237 non-climate-controlled units totaling 36,300 net rentable square feet. There is room for future expansion and the site is currently 97 percent occupied. The site also has great visibility and sees around 7,400 cars per day.

Broker of Record

  • Michael Glass

    Executive Managing Director, Chief Revenue Officer

    (216) 264-2060

    License(s): WV: WVB260301219

    West Virginia

Financing By

MM Texture Background
MM Textured Background Lower