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Self-Storage Facility

Interstate Storage

1709 Minnesota Ave, Kansas City, KS 66102

Listing Price: $1,375,000

Cap Rate
6.44%
Number of Units
115
Occupancy
33.7%
Rentable SF
13,432
Price/Rentable SF
$102.37
Year Built
1928

Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to present Interstate Self Storage, a self-storage facility located at 1719 Minnesota Avenue in Kansas City, Kansas. This offering includes a self-storage business, 6 retail spaces and a laundromat business. The self-storage portion features 115 non-climate-controlled units, with additional indoor parking spaces. There are five retail units on the main floor, which 2 of them are occupied by the Laundromat business. The sixth retail tenant occupies the stand alone, single story building directly behind the main property. Interstate Self Storage is a fully-fenced, secure facility. The structure is 100% concrete with brick fascia. There is storage expansion opportunity in the basement level and fourth ?oor of the building. Building also features rear loading docks, security cameras and a lift system.

Investment Highlights

  • Below Market Retail and Storage Rents
  • Storage Expansion Opportunity
  • Laundromat Business Included in the Sale
  • Long-Term Retail Tenants on Month-to-Month Leases
  • Storage Office for On-Site Manager's Office
  • Fully-Fenced Facility with Security Cameras and Rear Loading Docks
  • All Concrete and Brick Constructed Building
  • New Exterior Electrical Panels

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Self-Storage Facility

Interstate Storage

Listing Price: $1,375,000

Cap Rate
6.44%
Number of Units
115
Occupancy
33.7%
Rentable SF
13,432
Price/Rentable SF
$102.37
Year Built
1928

Investment Highlights

  • Below Market Retail and Storage Rents
  • Storage Expansion Opportunity
  • Laundromat Business Included in the Sale
  • Long-Term Retail Tenants on Month-to-Month Leases
  • Storage Office for On-Site Manager's Office
  • Fully-Fenced Facility with Security Cameras and Rear Loading Docks
  • All Concrete and Brick Constructed Building
  • New Exterior Electrical Panels

Investment Overview

The Delaney Self-Storage Group of Marcus & Millichap is pleased to present Interstate Self Storage, a self-storage facility located at 1719 Minnesota Avenue in Kansas City, Kansas. This offering includes a self-storage business, 6 retail spaces and a laundromat business. The self-storage portion features 115 non-climate-controlled units, with additional indoor parking spaces. There are five retail units on the main floor, which 2 of them are occupied by the Laundromat business. The sixth retail tenant occupies the stand alone, single story building directly behind the main property. Interstate Self Storage is a fully-fenced, secure facility. The structure is 100% concrete with brick fascia. There is storage expansion opportunity in the basement level and fourth ?oor of the building. Building also features rear loading docks, security cameras and a lift system.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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