Ontario, CA Self Storage

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire Ontario, CA Self Storage (the “Property”), a REIT managed, recently renovated Class A self storage facility in Ontario, CA. The Property, consisting of 43,269 square feet, has 396 total units (including 11 current offline units) and is a fully non-climate-controlled facility. The two-story building was recently renovated in 2023 and is currently 89.1% occupied. The Property has value-add upside to convert 11 10x25 drive-up units to 32 individual units ranging from 5x5 to 10x15 in unit size. Converting these offline units to 32 units would increase monthly revenue by approximately $7,150 ($85,800 yearly revenue increase) with a one time cost of roughly $56,900. The Property, located in the well performing city of Ontario, California, is currently achieving $1.96 PSF in rents with great leasing velocity since renovating and has increased move-in rents by 37% since March 2025. The Property benefits from strong surrounding area demographics with approximately 48,570 households in the surrounding 3-mile radius. Within the 3-mile radius, the average household income tops $98,500 with an average population of more than 163,350. This offering provides investors with an excellent opportunity to acquire a well-located self storage facility with strong in-place cash flow and revenue upside through late-stage lease-up.