Sierra Highway Storage

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*Lead broker information is located within the offering memorandum. 

Listed By: SkyView Advisors, Inc. CA RE Lic # 02240822

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

Low existing supply per capita – Only 5.94 in the 5 mile

 

Great exposure – 16,000 VPD between Sierra Highway and 10th ST E with close proximity to Lake Palmdale.

 

Solid performance – Late stage lease up with nearly 80% occupancy and opportunity for a 6% rent increase

 

Strong Demand – Above-average renter population in the 1, 3 and 5 mile will continue to drive the need for quality storage

 

Quality asset – This well built, new construction facility with excellent signage and security will continue to perform at a high level without the need for any immediate capex investment

Address

37550 Sierra Hwy, Palmdale, CA, 93550

Price

TBD by Market

Pro Forma NOI

$797,859

Net Rentable Square Feet
71,083 NRSF
Unit Count
606
Lot Size

4.34 Acres

Year Built
2023
Asset

Self Storage

Status

Active

Coordinates of this location not found

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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