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Self-Storage Facility

Loveland Store N Lock

10900 Loveland Madeira Rd, Loveland, OH 45140

Listing Price: $9,250,000

Cap Rate
5.25%
Number of Units
429
Occupancy
87.9%
Gross SF
78,206
Rentable SF
78,206
Price/Rentable SF
$118.28
Year Built
1975

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Loveland Store-N-Lock located in Loveland, Ohio. The facility consists of 403 non-climate-controlled units and 26 office/warehouse spaces, totaling 78,206 net rentable square feet. They also offer 46 outdoor parking spaces for rent. This is a stabilized cash flowing facility that is currently 90 percent physically occupied. The property is fully fenced with an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense, affluent, and growing surrounding population and is just 20 miles northeast of downtown Cincinnati. They are conveniently located less than five miles from I-275 which provides easy access to serve customers in Loveland and surrounding areas such as Maineville, Goshen, Indian Hill, Kenwood, and Madeira. It is also surrounded by many residential neighborhoods, restaurants, retail stores, grocery stores, and schools, and Kings Island amusement park is just seven miles away. The property has great street frontage and high daily traffic counts of around 12,000 cars per day.

Loveland Store-N-Lock is being offered for $9.25 million or $118.28 per rentable square foot.

Investment Highlights

  • Cincinnati, Ohio MSA Self-Storage Offering
  • 78,206 Net Rentable Square Feet
  • 403 Non-Climate-Controlled Units
  • 26 Office/Retail/Warehouse Spaces
  • 46 Outdoor Parking Spaces

Exclusively Listed By

Self-Storage Facility

Loveland Store N Lock

Listing Price: $9,250,000

Cap Rate
5.25%
Number of Units
429
Occupancy
87.9%
Gross SF
78,206
Rentable SF
78,206
Price/Rentable SF
$118.28
Year Built
1975

Investment Highlights

  • Cincinnati, Ohio MSA Self-Storage Offering
  • 78,206 Net Rentable Square Feet
  • 403 Non-Climate-Controlled Units
  • 26 Office/Retail/Warehouse Spaces
  • 46 Outdoor Parking Spaces

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Loveland Store-N-Lock located in Loveland, Ohio. The facility consists of 403 non-climate-controlled units and 26 office/warehouse spaces, totaling 78,206 net rentable square feet. They also offer 46 outdoor parking spaces for rent. This is a stabilized cash flowing facility that is currently 90 percent physically occupied. The property is fully fenced with an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense, affluent, and growing surrounding population and is just 20 miles northeast of downtown Cincinnati. They are conveniently located less than five miles from I-275 which provides easy access to serve customers in Loveland and surrounding areas such as Maineville, Goshen, Indian Hill, Kenwood, and Madeira. It is also surrounded by many residential neighborhoods, restaurants, retail stores, grocery stores, and schools, and Kings Island amusement park is just seven miles away. The property has great street frontage and high daily traffic counts of around 12,000 cars per day.

Loveland Store-N-Lock is being offered for $9.25 million or $118.28 per rentable square foot.

Exclusively Listed By

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