Skip to main content

Self-Storage Facility

Island Center Self Storage

8820 Miller Rd NE, Bainbridge Island, WA 98110

Listing Price: $6,000,000

Cap Rate
3.27%
Number of Units
124
Occupancy
89.0%
Gross SF
25,000
Rentable SF
23,245
Price/Rentable SF
$258.12
Year Built
1982

Investment Overview

The Hatcher Group of Marcus Millichap is pleased to exclusively offer for sale Island Center Self Storage located in Bainbridge Island, Washington This facility was built in 1953 and features 124 non climate controlled units and two rental properties totaling a 22 245 net rentable square feet This facility benefits from an affluent and growing surrounding population Island Center Self Storage sits on 1.15 acres of land and is located about ten miles west of downtown Seattle, Washington

Investment Highlights

  • 22,245 Net Rentable Square Feet
  • 124 Non-Climate Controlled Units | Two Rental Properties
  • Average Household Income of $204,077 for People Living Within a Once Mile Radius

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

Island Center Self Storage

Listing Price: $6,000,000

Cap Rate
3.27%
Number of Units
124
Occupancy
89.0%
Gross SF
25,000
Rentable SF
23,245
Price/Rentable SF
$258.12
Year Built
1982

Investment Highlights

  • 22,245 Net Rentable Square Feet
  • 124 Non-Climate Controlled Units | Two Rental Properties
  • Average Household Income of $204,077 for People Living Within a Once Mile Radius

Investment Overview

The Hatcher Group of Marcus Millichap is pleased to exclusively offer for sale Island Center Self Storage located in Bainbridge Island, Washington This facility was built in 1953 and features 124 non climate controlled units and two rental properties totaling a 22 245 net rentable square feet This facility benefits from an affluent and growing surrounding population Island Center Self Storage sits on 1.15 acres of land and is located about ten miles west of downtown Seattle, Washington

Exclusively Listed By

Broker of Record

  • Joel Deis

    First Vice President/Regional Manager

    (206) 826-5700

    License(s): WA: 25469

    Washington

Financing By

MM Texture Background
MM Textured Background Lower