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3121 Carrollton rd - McKay Ustore 6,450 SF Specialty Building Offered at $450,000 at a 9.38% Cap Rate in Saginaw, MI 48604
EXECUTIVE SUMMARY
Please direct all inquiries to Danielle Moore ?? (586) 354-4433 ?? daniellem@realtyexecutives.comdaniellemoore.showcasecommercial.com
McKay U-Store is a stabilized 72-unit self-storage facility located just off I-75 in Saginaw, Michigan. The property sits on 1.2 acres and features two steel buildings (built 1995 & 2002, both with newer roofs) plus outdoor parking spaces. Currently 93% occupied, the facility generates strong, consistent income with minimal expenses and offers immediate operational upside through online payments, digital marketing, and remote management options.
The site is fully fenced with gated keypad access and concrete drive aisles. Conveniently positioned near major employers, residential neighborhoods, and the Saginaw River recreation corridor, McKay U-Store serves long-term local tenants, contractors, and outdoor storage users.
Highlights:
72 total units (enclosed + outdoor)
Net Operating Income ˜ $42,000 (2024)
Gated, fenced, secure entry
Low overhead / easy to manage
Potential for rent growth & modernization
Seller financing considered
For more information:Danielle Moore | Director of Commercial Real Estate?? (586) 354-4433 ?? daniellem@realtyexecutives.comdaniellemoore.showcasecommercial.com
McKay U-Store is a stabilized 72-unit self-storage facility located just off I-75 in Saginaw, Michigan. The property sits on 1.2 acres and features two steel buildings (built 1995 & 2002, both with newer roofs) plus outdoor parking spaces. Currently 93% occupied, the facility generates strong, consistent income with minimal expenses and offers immediate operational upside through online payments, digital marketing, and remote management options.
The site is fully fenced with gated keypad access and concrete drive aisles. Conveniently positioned near major employers, residential neighborhoods, and the Saginaw River recreation corridor, McKay U-Store serves long-term local tenants, contractors, and outdoor storage users.
Highlights:
72 total units (enclosed + outdoor)
Net Operating Income ˜ $42,000 (2024)
Gated, fenced, secure entry
Low overhead / easy to manage
Potential for rent growth & modernization
Seller financing considered
For more information:Danielle Moore | Director of Commercial Real Estate?? (586) 354-4433 ?? daniellem@realtyexecutives.comdaniellemoore.showcasecommercial.com
PROPERTY FACTS
| Price | $450,000 | Building Class | C |
| Price Per SF | $69.77 | Lot Size | 1.25 AC |
| Sale Type | Investment | Building Size | 6,450 SF |
| Cap Rate | 9.38% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1995/2022 |
| Property Subtype | Self-Storage |
| Price | $450,000 |
| Price Per SF | $69.77 |
| Sale Type | Investment |
| Cap Rate | 9.38% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 6,450 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2022 |
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3121 Carrollton rd - McKay Ustore
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