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1240 Mount Olivet Rd NE
Washington, DC 20002 Trinidad

Price Upon Request

Self Storage For Sale  •  53,491 SF

Property Details

• Property Type Self Storage
• Total Building Size 53,491 SF
• Lot Size 0.42 AC
• Building Class B
• Year Built 2021
• Zoning PDR-1

51 Transit Score

80 Walk Score

Highlights

Phenomenal Opportunity To Acquire a Facility with 95% Physical Occupancy and Demand Supporting a 16% Rate Increase Year 1

Extremely Under Supplied for a Major Metro Area at 5.15 Square Feet per Person at Three Miles and 4.62 Square Feet per Person at Five Miles

One-Mile Population Growth Rate is Nearly 5 Times Higher than the National Average

Approximately 59 Percent of Occupied Homes in the 3- Mile Radius are Rentals dramatically Increasing the Demand for Self-Storage

The 3-Mile Radius Boast Median House Hold Incomes of Over $120,000 Supporting Strong Rate Growth

Tract IQ Reports Shows $42B+ in the Five-Mile Residential Development Pipeline Totaling 95,000+ Units

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lead (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express)	4 min	-	1.8 mi
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC))	5 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
H St And 13Th St Ne (H St - Benning - DC Streetcar)	2 min	16 min	0.9 mi
Benning Rd And 15Th St Ne (H St - Benning - DC Streetcar)	2 min	16 min	0.9 mi
Benning Rd And 19Th St Ne (H St - Benning - DC Streetcar)	3 min	19 min	1.0 mi
H St And 8Th St Ne (H St - Benning - DC Streetcar)	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Ronald Reagan Washington Ntl	16 min	-	7.8 mi
Baltimore/Washington International Thurgood Marshall	43 min	-	29.0 mi
Washington Dulles International	51 min	-	30.5 mi