Self-Storage Facility

Little Turtle Storage

5212 Decatur Rd, Fort Wayne, IN 46806

Listing Price: $2,500,000

Cap Rate
1.60%
Number of Units
245
Occupancy
35.2%
Gross SF
27,055
Rentable SF
27,055
Price/Rentable SF
$92.40
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to offer for sale Little Turtle Storage located in Fort Wayne, Indiana. This property was built in 2019 and features 122 climate-controlled units and 123 non-climate units, totaling 27,055 net rentable square feet. The facility is fully fenced with an on-site management office, self-help kiosks, and 24-hour access and video surveillance.

This property benefits from a dense population and undersaturated surrounding market. There are currently 133,602 people living within a five-mile radius of the facility. It is located off a busy street with many restaurant chains, retail stores, businesses, and neighborhoods nearby. This offers the facility great street frontage and high daily traffic counts.

Little Turtle Storage is being offered for $2,500,000 or $92.40 per rentable square foot.

Investment Highlights

  • Fort Wayne, Indiana Self Storage Offering
  • 27,055 Net Rentable Square Feet
  • 122 Climate-Controlled Units | 123 Non-Climate Controlled Units
  • Undersaturated Market: 3.61 NRSF Per Person Within a Three-Mile Radius
  • Facility was Built in 2019 and Has Achieved a 42.74 Percent Physical Occupancy

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

Self-Storage Facility

Little Turtle Storage

Listing Price: $2,500,000

Cap Rate
1.60%
Number of Units
245
Occupancy
35.2%
Gross SF
27,055
Rentable SF
27,055
Price/Rentable SF
$92.40
Year Built
2019

Investment Highlights

  • Fort Wayne, Indiana Self Storage Offering
  • 27,055 Net Rentable Square Feet
  • 122 Climate-Controlled Units | 123 Non-Climate Controlled Units
  • Undersaturated Market: 3.61 NRSF Per Person Within a Three-Mile Radius
  • Facility was Built in 2019 and Has Achieved a 42.74 Percent Physical Occupancy

Investment Overview

Marcus & Millichap is pleased to offer for sale Little Turtle Storage located in Fort Wayne, Indiana. This property was built in 2019 and features 122 climate-controlled units and 123 non-climate units, totaling 27,055 net rentable square feet. The facility is fully fenced with an on-site management office, self-help kiosks, and 24-hour access and video surveillance.

This property benefits from a dense population and undersaturated surrounding market. There are currently 133,602 people living within a five-mile radius of the facility. It is located off a busy street with many restaurant chains, retail stores, businesses, and neighborhoods nearby. This offers the facility great street frontage and high daily traffic counts.

Little Turtle Storage is being offered for $2,500,000 or $92.40 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

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