11493 Woodside Ave - Storage Oasis 24,257 SF Specialty Building Offered at $6,770,212 CAD at a 4.40% Cap Rate in Santee, CA 92071

The Self-Storage Advisory Group of Cushman & Wakefield has been exclusively retained to market for sale Storage Oasis – Santee, CA, a mom-and-pop managed, value-add self-storage facility located at 11493 Woodside Ave, Santee, CA.
The 24,257 gross SF facility was completed in 1994 and features an on-site manager house/office and 21,705 NRSF of storage across 148 units, nearly 75% of which are drive-up units. Currently approximately 90% physically occupied, the facility has maintained strong occupancy while reflecting below-market in-place rents and opportunities for immediate income growth. The project is ideally situated along Woodside Ave with easy access and high visibility from Highway 67, which boasts over 79,000 cars per day. Additionally, the project is currently owner-managed with long-term tenants and no revenue management strategy in place.
Santee, located in San Diego County’s East County region, is a dynamic suburban city with a 2023 population of approximately 59,485 residents. The city boasts a median household income of $105,613 and a median property value of $653,400, reflecting its economic vitality and desirability. Santee is strategically positioned with convenient access to major transportation routes, including State Route 52 and the San Diego Trolley’s Green & Copper Lines, facilitating easy commutes to downtown San Diego and surrounding areas.
Santee and the broader East San Diego County region are experiencing steady residential and commercial growth, with numerous infill housing developments and infrastructure improvements such as the Fajita Ranch master-planned community, Prospect Park by KB Homes, and the Carlton Oaks Country Club redevelopment.
With strong in-place occupancy, significant operational upside, and a location in a high-growth, supply-constrained market, Storage Oasis offers investors a rare opportunity to acquire a well-located, mom-and-pop facility primed for institutional or remote management and long-term value creation.