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Self-Storage Facility

Storage Corner Sunnyvale

922 W Evelyn Ave, Sunnyvale, CA 94086

Listing Price: $4,500,000

Cap Rate
5.06%
Number of Units
109
Occupancy
97.4%
Gross SF
14,471
Rentable SF
11,651
Price/Rentable SF
$386.23
Year Built
1985

Investment Overview

Storage Corner Sunnyvale is a well-located, infill self-storage facility in Sunnyvale, comprising 109 units across 11,651 net rentable square feet. Situated on approximately 0.51 acres (APN: 165-20-021), the property was originally constructed in 1985 and renovated in 2023. The asset is fully built out, featuring a single two-story building designed to maximize efficiency in a supply constrained Silicon Valley market, with no additional expansion required.

The facility offers a strong mix of operational features and customer-focused amenities, including gated access with digital keypad entry, an on-site management office, and 24/7 video surveillance. In addition to traditional roll-up door units, the property benefits from a diverse unit mix with both drive-up and interior access options, lift access to upper levels, fire sprinkler systems, and convenient tenant features such as handcarts and dollies, online bill pay, and flexible leasing options. These features support a wide range of residential and commercial users while enhancing overall tenant convenience and retention.

Investment Highlights

  • HIGH BARRIERS TO ENTRY // Rare opportunity to acquire a "jewel box" self-storage asset in the heart of Silicon Valley where limited land availability, and strict zoning restrict new development.
  • EXCEPTIONAL STORAGE FUNDAMENTALS // Favorable market conditions with approximately 4.41 square feet per capita within a three-mile radius signal strong demand drivers and continued rent growth.
  • EXCELLENT VISIBILITY AND ACCESS // Positioned along West Evelyn Avenue with exposure to over 15,000 vehicles per day, the property benefits from strong visibility and consistent drive-by traffic.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s) CA: 01238010

    California

Self-Storage Facility

Storage Corner Sunnyvale

Listing Price: $4,500,000

Cap Rate
5.06%
Number of Units
109
Occupancy
97.4%
Gross SF
14,471
Rentable SF
11,651
Price/Rentable SF
$386.23
Year Built
1985

Investment Highlights

  • HIGH BARRIERS TO ENTRY // Rare opportunity to acquire a "jewel box" self-storage asset in the heart of Silicon Valley where limited land availability, and strict zoning restrict new development.
  • EXCEPTIONAL STORAGE FUNDAMENTALS // Favorable market conditions with approximately 4.41 square feet per capita within a three-mile radius signal strong demand drivers and continued rent growth.
  • EXCELLENT VISIBILITY AND ACCESS // Positioned along West Evelyn Avenue with exposure to over 15,000 vehicles per day, the property benefits from strong visibility and consistent drive-by traffic.

Investment Overview

Storage Corner Sunnyvale is a well-located, infill self-storage facility in Sunnyvale, comprising 109 units across 11,651 net rentable square feet. Situated on approximately 0.51 acres (APN: 165-20-021), the property was originally constructed in 1985 and renovated in 2023. The asset is fully built out, featuring a single two-story building designed to maximize efficiency in a supply constrained Silicon Valley market, with no additional expansion required. The facility offers a strong mix of operational features and customer-focused amenities, including gated access with digital keypad entry, an on-site management office, and 24/7 video surveillance. In addition to traditional roll-up door units, the property benefits from a diverse unit mix with both drive-up and interior access options, lift access to upper levels, fire sprinkler systems, and convenient tenant features such as handcarts and dollies, online bill pay, and flexible leasing options. These features support a wide range of residential and commercial users while enhancing overall tenant convenience and retention.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s): CA: 01238010

    California

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