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Self-Storage Facility

Shield Storage

2601 Scott Avenue, Vancouver, WA 98660

Listing Price: $21,000,000

Cap Rate
3.33%
Occupancy
65.0%
Year Built
2020

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Shield Storage located in the heart of downtown Vancouver, Washington. The property is a brand new, Class A self-storage facility that features 185 premier climate controlled units, 563 standard climate controlled units, and 160 non-climate controlled units totaling 90,385 net rentable square feet. The property is fully fenced with an onsite management office, personal access codes, drive-up accessible storage units, and 24-hour video surveillance. Shield Storage is situated on 3.33 acres of land with an additional 2.68 acres of land available for development. The additional acreage available would be ideal for adding covered or uncovered RV parking spaces or additional storage buildings.

The location of this facility benefits from an extremely dense and growing surrounding population. The population has increased by 26% since 2000 and is expected to grow at least 6% five years from now. The facility is located off a busy street and is surrounded by many restaurants, retail stores, businesses, and neighborhoods. It is also within close proximity to the Vancouver Amtrak station. This offers the facility great street frontage and high daily traffic counts of around 10,200 cars per day.

Investment Highlights

  • Brand New, Institutional Class A Self Storage Facility
  • 90,385 Net Rentable Square Feet
  • Year Built: 2020/2021
  • Lot Size: 3.33 Acres
  • Additional 2.68 Acres of Land Available for Development

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s) WA: 25469

    Washington

Financing By

Self-Storage Facility

Shield Storage

Listing Price: $21,000,000

Cap Rate
3.33%
Occupancy
65.0%
Year Built
2020

Investment Highlights

  • Brand New, Institutional Class A Self Storage Facility
  • 90,385 Net Rentable Square Feet
  • Year Built: 2020/2021
  • Lot Size: 3.33 Acres
  • Additional 2.68 Acres of Land Available for Development

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Shield Storage located in the heart of downtown Vancouver, Washington. The property is a brand new, Class A self-storage facility that features 185 premier climate controlled units, 563 standard climate controlled units, and 160 non-climate controlled units totaling 90,385 net rentable square feet. The property is fully fenced with an onsite management office, personal access codes, drive-up accessible storage units, and 24-hour video surveillance. Shield Storage is situated on 3.33 acres of land with an additional 2.68 acres of land available for development. The additional acreage available would be ideal for adding covered or uncovered RV parking spaces or additional storage buildings.

The location of this facility benefits from an extremely dense and growing surrounding population. The population has increased by 26% since 2000 and is expected to grow at least 6% five years from now. The facility is located off a busy street and is surrounded by many restaurants, retail stores, businesses, and neighborhoods. It is also within close proximity to the Vancouver Amtrak station. This offers the facility great street frontage and high daily traffic counts of around 10,200 cars per day.

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

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