Cap Rate
7.91%
Tot. SF
64,325
201 Squires Dr & 385 Redman Rd, Milan, MI, 48160
Cubesmart Self Storage$6,300,000
Key Information
Lot Size
8.34 Acres
Units
552
Year Built
2003 / 2023 (R)
Type
Self Storage
NOI
$498,578
Highlights
- Very low supply – only 6.98 square feet per capita within a 3-mile radius, 4.94 within 5 miles
- Zero competition in the city of Milan, and no climate controlled competition with 7 miles of the site
- Fully approved expansion plans in-place for a third phase
- Affluent trade area with average household incomes of over $97,000 with 5 miles
- Median incomes above $76k in a 3-mile radius and median home values over $208k in a 3-mile radius
Photos
Location
Agents
C
Campbell WatkinsLicense # 430010 (GA)
A
Austin McLeodLicense # 394903 (GA)
H
Hunter ReynoldsLicense # 414787 (GA)
Broker of Record
Matt Fitzgerald
License # 6505432273, 6502432668 (MI)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203