South Bend, IN Self-Storage Development Opportunity

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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 acquire 18.73 acres for Climate Controlled, Non-Climate Controlled, Drive-Up, and RV/Boat Storage Development

• Each Acre of Land has Roughly $50,000 of Site Work Completed Which Includes Water, Sewer, Gas, and Driving Access

• Prime Opportunity to Buy Entitled Land with Plans Included in the Sale

• Above Average Median Household Incomes of $72,244 in the Three-Mile Radius

• No New Supply in the 5-Mile Radius Allowing for Market Dominance

• 4.36 Square Feet Per Capita of Existing Storage in the Five-Mile Radius

• Zoning Permits all Uses Except Heavy Industrial and Residential

• Subject is Ideally Positioned Between Two Major Highways Yielding Over 27,000 Vehicles Per Day

• Four Amazon Delivery Franchises with 240+ Trucks Operate in South Bend with Minimal Locations to Park, Creating an Opportunity to Lock in a Large Lease Agreement

Address

Mayflower Blvd & W Cleveland Rd South Bend, IN 46628

Price

TBD by Market

Pro Forma NOI

$1,138,113

Net Rentable Square Feet
135,290 NRSF
Lot Size

18.73

Unit Count
830
Year Built
2023
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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