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401 Storage – Providence, RI

Providence-Warwick, RI-MA, MSA
Self Storage
401 Storage – Providence, RI
Call for Offers:
ends August 18, 2026

Deal Highlights

• Extremely High Barrier to Entry Market With Only 5.32 NRSF Per Capita in the 5-Mile Radius

• A 2023 Zoning Ordinance Effectively and Permanently Banned Future Development of Self-Storage Facilities Within City Limits

• Facility Has Shown Excellent Lease-Up Trajectory, Achieving a Physical Occupancy by Area of 83% in Just 21 Months

• Phenomenal Location in a Densely Populated Market, With Over 365,000 People in the 5-Mile Radius

Ability To Grow Rates Over 22% Following Physical Stabilization To Meet the Market

Address: 840 Manton Ave, Providence, RI, 02909
Price: TBD by Market
Pro Forma NOI: $999,095
Net Rentable Square Feet: 75,941 NRSF
Unit Count: 756
Lot Size: 6.6 Acres
Status: Active
Year Built: 2024

*Lead broker information is located within the offering memorandum.

Listed By: Jennifer Stein Real Estate, Inc. RI RE Lic # REC.0018233

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