Overview

Description

22 acre parcel - 18 of which are undeveloped in Forward Township 24 miles north of Pittsburgh in an area experiencing rapid residential growth and is projected to gain public water and sewage service within 5 years.

This property includes:

100% occupied self storage facility of +/- 5,950 sf with 41 storage units and 10 Ocean Storage Containers (OSC) units plus 41 outside storage spaces on approximately 2 acres of secured of area. Customer conveniences include online booking/bill payment and 24/7 drive-up unit access. Storage unit security consists of a fenced in area, digital video surveillance and remote gate access via Easy Storage Solutions software.

Unit Sizes Number 5x10 5 10x10 11 10x15 12 10x20 11 10x30 2

20' Storage Containers 10 Outside Parking Spaces 41

Three potential value add opportunities exist:

1. Current Safe Place Storage rental rates are below local market prices.

2. An additional flat/graded area of +/- 2 acres is adjacent to the fenced/secure self storage area (with Route 68 frontage) which could be utilized for expansion on heavily traveled Rt. 68.

3. The remaining 18 acres are projected to gain public water and sewage service within the next 5 years.


Facility services the Evans City area.
Traffic count - 15,000 AADT
Heavy Planned/Under construction residential housing developments nearby....

Documents

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