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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
	5 min	-	1.8 mi
Union Station (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail))	6 min	-	1.9 mi
Airport	Drive	Walk	Distance
Ronald Reagan Washington Ntl	17 min	-	7.9 mi
Baltimore/Washington International Thurgood Marshall	43 min	-	29.4 mi
Washington Dulles International	50 min	-	30.7 mi