Laurel Storage Center

Call for Offers

00
Days
00
Hours
00
Minutes
00
Seconds

Call for Offers

00
Days
00
Hours
00
Minutes
00
Seconds

*Lead broker information is located within the offering memorandum. 

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

  • Acquisition Provides a Self-Storage Facility with Multiple Value-Add Components, Including an Expansion Opportunity of Approximately 16,000 NRSF
  • Ability to Increase Rental Rates by 11 Percent to Reach Competitor Levels; Current Rates are Below Market
  • Upside to Generate Additional Revenue by Implementing Retail Sales and a Tenant Insurance Program
  • Yield-Producing Facility with a Current Physical Occupancy of 93 Percent and an Abundance of Room to Economically Flourish Furthermore
  • Auspicious Self-Storage Supply of 3.67 Net Rentable Square Feet Per Capita Within a Five-Mile Radius
  • Population Growth Potential of 1.14 Percent Within a One-Mile Radius
  • Consistent Traffic Counts of 23,250 Vehicles Daily Along Sussex Highway

Address

29285 Discount Land Road, Laurel, DE 19956

Price

TBD by Market

Net Rentable Square Feet
30,300 NRSF
Unit Count
0
Year Built
1995
Status

Under Contract

Engage With Us

100% of our firm’s time, effort, and energy are devoted to you and your goals as a seller. We guarantee that we will generate the highest price and best terms for your property that the market will bear at that moment in time.

Share This Property

Use the buttons below to share this property.

Share on facebook
Share on twitter
Share on linkedin
Share on email

Interested in this Property?