Historical Industrial Sale Listing - Extra Space Storage

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Extra Space Storage

1844 South Cherry Street, Fresno, CA 93721

N/A

188,035 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
188,035 SF
Property Type:
Industrial
Property Sub-type:
Self/ Mini-Storage Facility
Property Use Type:
Investment
Cap Rate:
11.90%
Tenancy:
Single
Year Built:
1908
Lot Size:
5.52 AC
Listing ID
13284812
Last Updated
over 1 year ago

Description

Bancap Self Storage Group, Inc. is pleased to present this self storage investment opportunity in Fresno County, California.
This investment is offered at a 9.3% cap rate based upon the April-June 2001 annualized proforma operation and an 11.9% cap rate based upon the proforma annual.
The property is for sale at $17.55 per square foot, which is below replacement cost.

Extra space Storage is located at 1844 South Cherry Street in downtown Fresno. The property consists of approximately 188,035 net rentable square feet of self storage space currently demised into 1082 units.
The self storage facility is located in the City of Fresno, which is located in Fresno County.

Map of 1844 South Cherry Street, Fresno, CA 93721

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