My Space Indoor Storage and Retail

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Deal Highlights

All Site Visits Must be Scheduled through SkyView Advisors.

  • Recently-Converted Self-Storage Facility Located in a Major Residential and Commercial Corridor Within South Bend, Indiana
  • Strong Lease-Up Velocity of 30 Percent in the Past 12 Months
  • Opportunity to Offer Non-Climate Controlled Units with the Implementation of Drive-Up Storage
  • Room to Lease Up Two Remaining Retail Units Included in the Sale
  • Low Market Supply of 4.72 NRSF Per Capita in a Five-Mile Radius, Justifying the Benefits of Expansion and Ability to Attain Market Dominance
  • No New Facilities Planned or Under Construction in Five Miles
  • Very Few Climate Controlled Competitors in a Five-Mile Radius

Address

4850 Western Ave, South Bend, IN, 46619

Price

TBD by Market

Pro Forma NOI

$691,974

Net Rentable Square Feet
84,294 NRSF
Lot Size

8.56

Unit Count
380
Year Built
2019
Status

Active

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