1st Avenue Storage

Deal Highlights

Phenomenal Opportunity to Acquire a Well-Positioned Self Storage Property, Including RV / Boat Parking, With Significant Expansion Potential, in an Undersupplied and Growing Colorado Market

The Property Offers Significant Upside Expansion Potential, With the Ability to Develop 5 Additional Buildings Totaling Approximately 65,600 SF (About 360 Units)

Well-Situated and Positioned Immediately off US Hwy 34 at the Exit, the Facility Enjoys Strong Exposure and Clear Visibility From the Highway and Passing Traffic

The Submarket Features 8 Square Feet of Storage Supply per Capita in the 5-Mile Radius, No Future Supply, and Robust Demographic Growth in the Surrounding Trade Area, Ensuring a Consistent and Reliable Customer Base in a High-Barrier-to-Entry Market

In-Place Rents Trail Market Levels, Offering Meaningful Upside Through Professional Management and an Institutional Marketing Platform

The Property Benefits From Dual Access Points at E. 28th Street and 1st Avenue, Enhancing Convenience and Traffic Flow