Please access the data room here: https://www.urowrealestate.com/edwardsville-glen-carbon-mini-storage/
Call for Offers 2/26
Demographic Advantage: Densely populated with 66,966 people and average household income of $105,982 in a 5-mile radius.
Population Growth: The population in the areas are expected to grow by more than 1.9%.
Competitive Pricing: Current pricing is 14% below market comparables, providing a significant opportunity to increase rental rates over time.
Limited Competition: No new storage construction within a 5-mile radius.
Minimal Future Capital Expenditure: With the roofs recently replaced, there will be minimal capital expenditure required moving forward.
Expansion Potential of Facility: The facility has the potential to add additional square footage.