• Springfield, Ohio Newer Built Self Storage Offering
• Price: $4,300,000
• Current Cap Rate: 5.21%
• Year One Cap Rate: 6.49%
• Year Two Cap Rate: 7.39%
• Year Three Cap Rate: 7.89%
• Year Four Cap Rate: 8.39%
• Year Five Cap Rate: 8.92%
• Phase I Opened in November 2021 & Phase II Opened in October 2022
• Current Physical Occupancy: 76.08%
• Current Economic Occupancy: 77.15%
• 52,675 Net Rentable Square Feet
• 151 CC Units & 211 NCC Units
• All Single-Story Drive-Up Facility
• Sits on Over 10 Acres - Plenty of Room For Expansion
• Undersaturated Market: 5.70 NRSF Per Capita Within a Three-Mile Radius

LEAD CONTACT: GABRIEL COE

Senior Managing Director Investments

Columbus Office

614.360.9041

Gabriel.Coe@marcusmillichap.com

License: OH SAL.2014003018

BRETT HATCHER

Executive Managing Director Investments

Columbus Office

614.360.9043

Brett.Hatcher@marcusmillichap.com

License: OH SAL.2006002356

GEORGE KONDRACKE

Investments Associate

Columbus Office

614.360.9808

George.Kondracke@marcusmillichap.com

License: OH SAL.2019000994

NATHAN COE

Senior Managing Director Investments

Columbus Office

614.360.9801

Nathan.Coe@marcusmillichap.com

License: OH SAL.2015003418