Self Storage For Sale • 49,642 SF
| Recent conversion opened in mid-2023 • Densely populated area: 152,541 in 3-Miles • Value Add – Store rents are $10/SF below stabilized market rents |
| 22,328 SF expansion opportunity on 3rd Floor and Lower Level • Cell Tower Income • Underserved market with strong demand for self-storage: 3.39 SF/Cap |
| High percentage of renter occupied housing: 54% • Located 1.5 miles from Trenton, NJ city center • 34 Miles to Philadelphia | 70 Miles to NYC |
| Owner Renovation includes all new roof, HVAC, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot |
| Owner has installed a new state-of-the-art Fully Sprinklered Fire Suppression and Life Safety Recall System • New electrical systems thru out |
| 70% of the 3-mile submarket square footage is REIT owned • 100% Climate Control facility |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Trenton Transit Center (Trenton Line - SEPTA) | 5 min | - | 1.8 mi |
| Trenton Transit Center (Njt) (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), R7 - NJ Transit Commuter Rail (NJ Transit), River LINE - NJ Transit Commuter Rail (NJ Transit)) | 6 min | - | 2.3 mi |
| Airport | Drive | Walk | Distance |
| Trenton Mercer | 11 min | - | 4.9 mi |