Vallejo Self Storage_Property for Sale
Vallejo Self Storage_Property for Sale
384 Fairgrounds Dr, Vallejo, CA, 94589-2873, US

Vallejo Self Storage

Asset Description

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire Vallejo Self Storage (the “Property”), a soon-to-deliver, Class A self storage facility in the northern Bay Area city of Vallejo, CA. The Property, consisting of 76,288 square feet across 919 units, will be a market-leader in location, physical quality, accessibility, and visibility. The Property has been meticulously designed and built in a high-barrier-to-entry market that features very limited climate controlled storage and has seen no new developments in recent years. September 2024 is the target opening date and Extra Space is currently slated to manage. This offering allows potential investors a unique opportunity to acquire a flagship, core self storage facility in Northern California at a great basis and outsized stabilized returns.

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Attributes

Building area gross
7,087 m²
Year built
2024
Number of units
919

Media

Investment Highlights

  • NEW BEST-IN-CLASS CONSTRUCTION, WITH LACK OF COMPETITIVE PRODUCT
  • STRATEGIC, HIGH-TRAFFIC LOCATION
  • INFILL, HIGH-AMENTITIZED CORRIDOR
  • STRONG SURROUNDING DEMOGRAPHICS
  • HIGH BARRIERS TO ENTRYS
  • RESILIENT ASSET CLASS
Vallejo Self Storage 4_Property for Sale

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Vallejo Self Storage (0 Properties)

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Last updated
19 Sep 2024