Main Street Storage FW

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*Lead broker information is located within the offering memorandum. 

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

• Opportunity to Lease-Up a Brand New Self-Storage Facility in the Under Supplied Market of Fort Wayne, Indiana

• 10 Year SEED Property Tax Investment Deduction Approximately $65,000 Annual Tax Savings

• Strong Lease-Up Velocity of 30 Percent in the First Seven Months of Operation

• Approved for Additional 7,750 Square Foot Construction Through Three-Single Story Buildings Potential to Get Approval for Multi-Story and Additional Net Rentable Square Feet

• Ability to Raise Rental Rates by 24 Percent to Reach Market Levels

• Favorable Supply at 5.29 Net Rentable Square Feet Per Capita in the Three-Mile Radius

• Kiosk-Operated Facility With Low Utility Overhead Due to Solar Panels

• No Facilities Planned or Under Construction in the Five-Mile Radius

Address

1130 W Main St, Ft Wayne, IN, 46808

Price

TBD by Market

Pro Forma NOI

$411,863

Net Rentable Square Feet
32,810 NRSF
Lot Size

1.46

Unit Count
406
Year Built
2021
Status

Active

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.

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