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Self-Storage Facility

Glenbrook Self Storage

317 Courtland Ave, Stamford, CT 06906

Listing Price: $12,500,000

Cap Rate
5.67%
Number of Units
333
Occupancy
98.3%
Gross SF
40,493
Rentable SF
40,493
Price/Rentable SF
$308.70
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to offer for sale Glen brook Self Storage located in Stamford, Connecticut. This property features 285 climate-controlled units, a large indoor climate-controlled auto storage facility, and two retail spaces totaling 40,493.25 net rentable square feet. They have a high current physical occupancy of 98 percent. The property is fully fenced with an on-site professional management office and 24-hour video surveillance.

The location of this facility benefits from an extremely dense, affluent, and growing surrounding population. Fairfield County, a sub-market of the facility ranks as one of the highest per capita income areas in the country. There are currently 193,825 people living within a five-mile radius of the facility which represents a 12 percent increase since 2000, and it is expected to continue to grow over the next five years. The facility is surrounded by lots of residential neighborhoods, retail stores, restaurants, schools, churches, offices, fitness centers, and much more. This offers the facility great street frontage and high daily traffic counts of around 14,000 cars per day.

Glenbrook Self Storage is being offered for $12.5 million or $308.69 per rentable square foot.

Investment Highlights

  • Greater New York City MSA Self-Storage Offering
  • Stabilized Self-Storage and Luxury Auto Storage Facility
  • Below Market Rents
  • 40,493.25 Total Net Rentable Square Feet
  • 285 Climate Controlled Units | 46 Luxury Auto Storage Spaces

Exclusively Listed By

Financing By

Self-Storage Facility

Glenbrook Self Storage

Listing Price: $12,500,000

Cap Rate
5.67%
Number of Units
333
Occupancy
98.3%
Gross SF
40,493
Rentable SF
40,493
Price/Rentable SF
$308.70
Year Built
1960

Investment Highlights

  • Greater New York City MSA Self-Storage Offering
  • Stabilized Self-Storage and Luxury Auto Storage Facility
  • Below Market Rents
  • 40,493.25 Total Net Rentable Square Feet
  • 285 Climate Controlled Units | 46 Luxury Auto Storage Spaces

Investment Overview

Marcus & Millichap is pleased to offer for sale Glen brook Self Storage located in Stamford, Connecticut. This property features 285 climate-controlled units, a large indoor climate-controlled auto storage facility, and two retail spaces totaling 40,493.25 net rentable square feet. They have a high current physical occupancy of 98 percent. The property is fully fenced with an on-site professional management office and 24-hour video surveillance.

The location of this facility benefits from an extremely dense, affluent, and growing surrounding population. Fairfield County, a sub-market of the facility ranks as one of the highest per capita income areas in the country. There are currently 193,825 people living within a five-mile radius of the facility which represents a 12 percent increase since 2000, and it is expected to continue to grow over the next five years. The facility is surrounded by lots of residential neighborhoods, retail stores, restaurants, schools, churches, offices, fitness centers, and much more. This offers the facility great street frontage and high daily traffic counts of around 14,000 cars per day.

Glenbrook Self Storage is being offered for $12.5 million or $308.69 per rentable square foot.

Exclusively Listed By

Financing By

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