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Self-Storage Facility

Compass Self Storage

2556 Bernice Rd, Lansing, IL 60438

Listing Price: $8,225,000

Cap Rate
5.08%
Number of Units
535
Occupancy
9.7%
Gross SF
52,925
Rentable SF
52,925
Price/Rentable SF
$155.41
Year Built
2008

Investment Overview

Primary interior climate-controlled building consisting of block exteriors and a flat roof accessible via two large loading docks. Interior units are all metal construction on concrete slab. Perimeter drive up buildings are of block and metal exteriors with standing seam metal roofs will metal roll up doors and partitions. Standalone large institutional quality leasing office at the front of the property.

Investment Highlights

  • The facility Has Consistently Maintained Occupancy In The High 80's.
  • The Three-Mile Area Boast High Occupancy and $1.80 Asking Rents Bolstered By An Attractive 4.57 Square Foot Per Capita.
  • First Level Access Across The Entirety Of The Store.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Self-Storage Facility

Compass Self Storage

Listing Price: $8,225,000

Cap Rate
5.08%
Number of Units
535
Occupancy
9.7%
Gross SF
52,925
Rentable SF
52,925
Price/Rentable SF
$155.41
Year Built
2008

Investment Highlights

  • The facility Has Consistently Maintained Occupancy In The High 80's.
  • The Three-Mile Area Boast High Occupancy and $1.80 Asking Rents Bolstered By An Attractive 4.57 Square Foot Per Capita.
  • First Level Access Across The Entirety Of The Store.

Investment Overview

Primary interior climate-controlled building consisting of block exteriors and a flat roof accessible via two large loading docks. Interior units are all metal construction on concrete slab. Perimeter drive up buildings are of block and metal exteriors with standing seam metal roofs will metal roll up doors and partitions. Standalone large institutional quality leasing office at the front of the property.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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