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1628 Cedar Ave - Canon Secure Storage 28,755 SF Specialty Building Offered at $2,880,000 at a 7.48% Cap Rate in Canon City, CO 81212
Investment Highlights
- Stabilized asset offering immediate cash flow potential for investors at 7.50% cap rate.
- No known self-storage developments within a 30+ mile radius — limited local competition.
- Positioned ~40 miles from both Pueblo and Colorado Springs; corridor to mountain communities.
- ±96% physical occupancy demonstrates strong local demand and consistent tenant activity.
- Located directly off Highway 115 / Cedar Ave, a major thoroughfare connecting east and west.
- More than 100 5-star Google reviews showing strong consumer sentiment in the local community.
Executive Summary
Brayden Conner
Broker of Record
(720) 780-5827
Email: brayden.conner@matthews.com
Broker Lic. No.: ER.100106933 (CO)
Firm Lic. No.: EC.100099522 (CO)
Broker of Record
(720) 780-5827
Email: brayden.conner@matthews.com
Broker Lic. No.: ER.100106933 (CO)
Firm Lic. No.: EC.100099522 (CO)
Property Facts
| Price | $2,880,000 | Building Class | B |
| Price Per SF | $100.16 | Lot Size | 2.16 AC |
| Sale Type | Investment | Building Size | 28,755 SF |
| Cap Rate | 7.48% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1984 |
| Property Subtype | Self-Storage |
| Price | $2,880,000 |
| Price Per SF | $100.16 |
| Sale Type | Investment |
| Cap Rate | 7.48% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 28,755 SF |
| No. Stories | 1 |
| Year Built | 1984 |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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1628 Cedar Ave - Canon Secure Storage