Secure Self Storage

Pittsburgh, Pennsylvania

• Pittsburgh, Pennsylvania MSA Self Storage Offering With Upside
• Newly Built, Class-A Facility
• Price: $5,800,000
• Current Physical Occupancy: 35.11%
• Current Economic Occupancy: 19.61%
• Year 1 Cap Rate: 4.19%
• Year 2 Cap Rate: 6.92%
• Year 3 Cap Rate: 7.88%
• Year 4 Cap Rate: 8.34%
• Year 5 Cap Rate: 8.81%
• Year Built/Expanded: June 2024 / June 2025
• 34,300 Net Rentable Square Feet
• Room for Future Expansion Opportunities
• Total Lot Size: 5.60 Acres
• Located about 10 Miles East of Downtown Pittsburgh
• Great Visibility Along Both Frey Road and Thompson Run Road
• Large Surrounding Population: Currently 57,611 People Living Within a Three-Mile Radius & 162,498 People Living Within a Five-Mile Radius

LEAD CONTACT: GEORGE KONDRACKE

Associate Director Investments

614.360.9808

George.Kondracke@marcusmillichap.com

License: OH SAL.2019000994

BRETT HATCHER

Executive Managing Director Investments

614.360.9043

Brett.Hatcher@marcusmillichap.com

License: OH SAL.2006002356

NATHAN COE

Senior Managing Director Investments

614.360.9801

Nathan.Coe@marcusmillichap.com

License: OH SAL.2015003418

GABRIEL COE

Senior Managing Director Investments

614.360.9041

Gabriel.Coe@marcusmillichap.com

License: OH SAL.2014003018

LUKE DAWLEY

Director Investments

614.360.9807

Luke.Dawley@marcusmillichap.com

License: OH SAL.2020000561

TIMOTHY STEPHENSON, JR.

PA Broker of Record

Timothy.Stephenson@marcusmillichap.com

License: RMR006104 / Firm License: RB062197C