Orangetown, NY Self Storage

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to offer qualified investors the opportunity to acquire Orangetown, NY Self Storage (the “Property”), a state-of-the-art, recently renovated Class A self storage facility in Tappan, NY. The Property, totaling 91,907 SF, consists of 34,802 RSF of storage space and 57,105 RSF of office/warehouse space. The two-story building has 363 climate-controlled storage units with 286 units downstairs and 77 upstairs units with elevator access. The 57,105 SF of office/warehouse space is currently 27.8% occupied with 41,205 SF of vacant space. The office/warehouse space was 100% occupied until February 2025 when the tenant’s lease expired. The buyer would have an opportunity to lease up the warehouse/office space to market rents or convert the space to additional storage units.

The Property is in a well-positioned location with excellent access and approximately 51,800 households in the surrounding 5-mile radius. Within the 5-mile radius surrounding the facility, the average household income tops $210,000 with an average population of more than 141,750. This offering provides investors the opportunity to purchase a cash flowing asset with strong revenue upside by increasing in-place rents and receiving additional office/warehouse income.