Investment Overview

Marcus & Millichap is pleased to exclusively present Crosby Avenue Self Storage, a highly stabilized self-storage facility in Janesville, Wisconsin. The property is 99.65% physically occupied (281 of 282 units), reflecting strong in-place performance and consistent local demand. Located just west of downtown Janesville, the facility benefits from excellent access and proximity to surrounding residential neighborhoods, with over 63,000 residents within a five-mile radius. A diverse unit mix ranging from 5×10 to 15×30 supports broad tenant demand and sustained occupancy. The asset offers a compelling value-add opportunity, with current rental rates approximately 40–45 percent below nearby competitors despite near-full occupancy. Additional upside exists through rate optimization, tenant insurance, and ancillary revenue programs. Janesville, the largest city in Rock County, is a regional economic hub with strong connectivity along Interstate 90, providing access to Madison, Milwaukee, and Chicago—supporting long-term fundamentals for self-storage investment.