Self-Storage Facility
Nomar Self Storage
2505 N Market St, Wichita, KS 67219
Listing Price: $1,650,000
Investment Overview
Marcus & Millichap is pleased to exclusively present the sale of Nomar Self Storage, a two-property self-storage portfolio located at 2505 N Market Street and 354 W 29th Street North in Wichita, Kansas. The properties are only one mile apart from each other on the northside of Wichita. The Dwight D. Eisenhower National Airport is only six miles away and Wichita State University, which has over 16,000 students enrolled, is only 2.5 miles away. There are currently 167 non-climate-controlled units between both properties with 19 more currently under construction at the Market Street location. The Market Street facility also has an additional warehouse space attached to the manager's office which is currently being utilized by the owner for his other business. With the supply only being at 6.12 rentable square feet per capita within a five-mile radius, there is room to expand at both properties.
Nomar Self Storage
Investment Highlights
- Two-Property Self-Storage Portfolio
- Fully-Fenced and Gated Facilities with Concrete Driveways
- Additional 2,100 Square Feet Currently Under Construction at North Market Street Site
- Up to 16,000 Square Feet of Expansion Opportunity
- Warehouse Space can be Converted to Climate-Controlled Storage
- On-Site Manager's Office
- Below Market Rents with 6.12-Rentable Square Feet per Capita in a Five-Mile Radius
Exclusively Listed By
Broker of Record
Listing Price: $1,650,000
Investment Highlights
- Two-Property Self-Storage Portfolio
- Fully-Fenced and Gated Facilities with Concrete Driveways
- Additional 2,100 Square Feet Currently Under Construction at North Market Street Site
- Up to 16,000 Square Feet of Expansion Opportunity
- Warehouse Space can be Converted to Climate-Controlled Storage
- On-Site Manager's Office
- Below Market Rents with 6.12-Rentable Square Feet per Capita in a Five-Mile Radius
Investment Overview
Marcus & Millichap is pleased to exclusively present the sale of Nomar Self Storage, a two-property self-storage portfolio located at 2505 N Market Street and 354 W 29th Street North in Wichita, Kansas. The properties are only one mile apart from each other on the northside of Wichita. The Dwight D. Eisenhower National Airport is only six miles away and Wichita State University, which has over 16,000 students enrolled, is only 2.5 miles away. There are currently 167 non-climate-controlled units between both properties with 19 more currently under construction at the Market Street location. The Market Street facility also has an additional warehouse space attached to the manager's office which is currently being utilized by the owner for his other business. With the supply only being at 6.12 rentable square feet per capita within a five-mile radius, there is room to expand at both properties.
Exclusively Listed By
Broker of Record
