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721 Forward Dr
Madison, WI 53711 West Madison

$2,500,000 USD

Self Storage For Sale  •  26,800 SF

Property Details

• Property Type Self Storage
• Total Building Size 26,800 SF
• Lot Size 1.57 AC
• Building Class C
• Year Built 1986
• Zoning G2

30 Transit Score

50 Walk Score

Highlights

Mom-and-pop operated with upside through rental rate increases and ancillary income streams

91%+ unit occupancy despite limited online presence

Current rental rates are 20-30% below market vs. nearest competitors

4.75 SF per Capita within 3 miles — extremely low supply, high barrier to entry market

Over 90,000 people within 3 miles and over 240,000 within 5 miles

Projected returns north of 9.50% in Year 3 and north of 10% in Year 4

Public Transportation

Airport	Drive	Walk	Distance
Dane County Regional/Truax Field	26 min	-	11.5 mi