3770 S US Highway 27 - Self-Storage Facilities FOR SALE


Saint Johns, MI 48879
$6,200,000 USD
517-712-1570
3770 S US Highway 27, Saint Johns, MI for Sale
$6,200,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 9.44% Cap Rate

3770 S US Highway 27
Saint Johns, MI 48879


HIGHLIGHTS

  • Brand New Self-Storage Center
  • Excellent frontage on US-27
  • Fenced in property with security camera coverage

OVERVIEW

Self-storage investment opportunity! Brand new self-storage location with over 82,000 SF of storage units which include climate controlled, drive-up storage, vehicle, RV and boat storage. Property features on-site office, approximately 489 sf, with service desk and retail sale of pack and moving supplies. Fully fenced in property with security camera coverage. Business sits on 6.6 acres on S-US 27 between the communities of St. John's and Dewitt. The business offers online reserving, renting and tenant portal for payment. Financials available upon request. ·  Climate-Controlled Units: Our facility boasts the only climate-controlled storage in St. Johns. ·   Drive-Up Units: Our drive-up units are available in multiple sizes, including large spaces for vehicles and equipment. Choose from 10x10 to 14x40x16 ft units, ideal for RV and boat storage. ·   Canopy Units: We also offer 12x45 ft canopy units. ·   Security:  Space Cubed is fully fenced and equipped with comprehensive security camera coverage. ·   Leased Up: Opened in April 2024, our facility is 29% leased, highlighting the strong demand in the area. ·   Demographics: With an average household income of $105,203 and a population of 39,714 within a 10-mile radius, our location serves a thriving community. The square footage per capita rate of 8.1% underscores the need for quality storage solutions in St. Johns. 20 minutes north of Lansing and 5 minutes north of Dewitt.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

9.44%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Self-Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

6.6 AC

LAND SF

287,496 SF

ZONING

CM

APN/PARCEL ID

030-028-400-038-01

ASK ABOUT THIS PROPERTY

Nick CrugherWoodworth CommercialMore Info
517-712-1570

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Nick CrugherWoodworth CommercialMore Info
517-712-1570

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.