Self-Storage Facility
Extra Space Storage (Managed)
2590 Military Rd, Niagara Falls, NY 14304
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to offer for sale Extra Space Storage (Managed) located in Niagara Falls, NY. The site is about 16 miles North of downtown Buffalo and has 560 climate controlled units totaling 72,470 net rentable square feet. It is the only facility in the trade area with a climate controlled drive-through feature and indoor drive-up units to allow tenants to load & unload while remaining protected from the elements. There are very high barriers to entry in the market and it is an undersaturated storage market. The site has great visibility and sees high daily traffic counts and also has the potential to raise rents that have remained about 20% below the main competitor nearby.
Extra Space Storage (Managed)
Investment Highlights
- Niagara Falls, New York Stabilized, REIT Managed Self-Storage Offering
- Located Approximately 16 Miles North of Downtown Buffalo in the Town of Niagara Falls, New York
- 72,470 Net Rentable Square Feet
- 464 Interior Access Climate Controlled Self-Storage Units, 92 Indoor Drive-Up Climate Controlled Units and Four Outdoor Drive-Up Climate Controlled Units
- Only Facility in Trade Area with Climate Controlled Drive-Through Feature and Indoor Drive-Up Units Which Allows Tenants to Load & Unload While Staying Protected from Elements
Listing Price: Request For Offer
Investment Highlights
- Niagara Falls, New York Stabilized, REIT Managed Self-Storage Offering
- Located Approximately 16 Miles North of Downtown Buffalo in the Town of Niagara Falls, New York
- 72,470 Net Rentable Square Feet
- 464 Interior Access Climate Controlled Self-Storage Units, 92 Indoor Drive-Up Climate Controlled Units and Four Outdoor Drive-Up Climate Controlled Units
- Only Facility in Trade Area with Climate Controlled Drive-Through Feature and Indoor Drive-Up Units Which Allows Tenants to Load & Unload While Staying Protected from Elements
Investment Overview
Marcus & Millichap is pleased to offer for sale Extra Space Storage (Managed) located in Niagara Falls, NY. The site is about 16 miles North of downtown Buffalo and has 560 climate controlled units totaling 72,470 net rentable square feet. It is the only facility in the trade area with a climate controlled drive-through feature and indoor drive-up units to allow tenants to load & unload while remaining protected from the elements. There are very high barriers to entry in the market and it is an undersaturated storage market. The site has great visibility and sees high daily traffic counts and also has the potential to raise rents that have remained about 20% below the main competitor nearby.
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