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Self-Storage Facility

All Town Storage

138 W State St, Granby, MA 01033

Listing Price: $3,990,000

Cap Rate
5.23%
Number of Units
242
Occupancy
87.0%
Gross SF
34,250
Rentable SF
34,250
Price/Rentable SF
$116.50
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale All Town Storage located in Granby, Massachusetts. The facility consists of 242 non-climate controlled units totaling 34,250 net rentable square feet. This is a stabilized cash flowing facility that is currently 94 percent physically occupied. The property is fully approved for an expansion of two more buildings totaling 7,600 gross square feet. The property features a keypad gated entry and 24-hour video surveillance.

The location of this facility benefits from a growing surrounding population. The population within five miles of the facility is 48,884 and is expected to continue to grow over the next five years. They are located off West State Street which is a section of US Route 202. This offers the facility great street frontage and high daily traffic counts of around 12,800 cars per day off West State Street.

All Town Storage is being offered for $3.99 million or $116.50 per rentable square foot.

Investment Highlights

  • 34,250 Net Rentable Square Feet
  • 242 Non-Climate Controlled Units
  • Stabilized Facility: 94.60 Percent Physically Occupied
  • Below Market Rents

Exclusively Listed By

Financing By

Self-Storage Facility

All Town Storage

Listing Price: $3,990,000

Cap Rate
5.23%
Number of Units
242
Occupancy
87.0%
Gross SF
34,250
Rentable SF
34,250
Price/Rentable SF
$116.50
Year Built
2004

Investment Highlights

  • 34,250 Net Rentable Square Feet
  • 242 Non-Climate Controlled Units
  • Stabilized Facility: 94.60 Percent Physically Occupied
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale All Town Storage located in Granby, Massachusetts. The facility consists of 242 non-climate controlled units totaling 34,250 net rentable square feet. This is a stabilized cash flowing facility that is currently 94 percent physically occupied. The property is fully approved for an expansion of two more buildings totaling 7,600 gross square feet. The property features a keypad gated entry and 24-hour video surveillance.

The location of this facility benefits from a growing surrounding population. The population within five miles of the facility is 48,884 and is expected to continue to grow over the next five years. They are located off West State Street which is a section of US Route 202. This offers the facility great street frontage and high daily traffic counts of around 12,800 cars per day off West State Street.

All Town Storage is being offered for $3.99 million or $116.50 per rentable square foot.

Exclusively Listed By

Financing By

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