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Heated Storage Ohio 199 Gateway Ave 65,000 SF 100% Leased Retail Building Conneaut, OH 44030 For Sale



Investment Highlights
- Link to deal room: https://www.urowrealestate.com/listings/heated-storage-ohio/deal-room
Executive Summary
HOW TO REGISTER:
-Go to www.?urowrealestate.?com
- Click Login on the Top Right of the Screen
- Press Register
-Enter Your Contact Information
- Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.?urowrealestate.?com/listings/heated-storage-ohio
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
- Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.?youtube.?com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
This is an exclusive opportunity to acquire Secure Storage of Auburn, a 28,650 NRSF facility with 185 units. The Secure Storage of Auburn offers a plethora of different unit sizes to fit a variety of different client needs.
- Stabilized Facility — Currently 95.9% occupied across 185 units and 28,650 NRSF.
Modern, Institutional-Quality Construction — Built in 2023 with metal exterior and seamless rubber floors, plus 24-hour video surveillance, gated access, and keypad entry.
- Below-Market Rental Rates — Current asking rents are approximately 38.5% below market average.
- Prime Retail Proximity — The site sits within 4 miles of Dollar General, Kroger Carve Market, Walmart, Aldi, The Home Depot, Parkview DeKalb Hospital, Lakewood Park Christian School, Fireside Resort RV Park, DG Market, and Bridgewater Golf Club.
- Affluent, Growing Trade Area — Average household income of $82,155 within 5 miles, with a projected 5-year population growth of 1.9%.
- Supply-Constrained Market — Rentable self-storage supply of 5.85 square feet per capita in the trade area, below saturated-market benchmarks.
-Go to www.?urowrealestate.?com
- Click Login on the Top Right of the Screen
- Press Register
-Enter Your Contact Information
- Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.?urowrealestate.?com/listings/heated-storage-ohio
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
- Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.?youtube.?com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
This is an exclusive opportunity to acquire Secure Storage of Auburn, a 28,650 NRSF facility with 185 units. The Secure Storage of Auburn offers a plethora of different unit sizes to fit a variety of different client needs.
- Stabilized Facility — Currently 95.9% occupied across 185 units and 28,650 NRSF.
Modern, Institutional-Quality Construction — Built in 2023 with metal exterior and seamless rubber floors, plus 24-hour video surveillance, gated access, and keypad entry.
- Below-Market Rental Rates — Current asking rents are approximately 38.5% below market average.
- Prime Retail Proximity — The site sits within 4 miles of Dollar General, Kroger Carve Market, Walmart, Aldi, The Home Depot, Parkview DeKalb Hospital, Lakewood Park Christian School, Fireside Resort RV Park, DG Market, and Bridgewater Golf Club.
- Affluent, Growing Trade Area — Average household income of $82,155 within 5 miles, with a projected 5-year population growth of 1.9%.
- Supply-Constrained Market — Rentable self-storage supply of 5.85 square feet per capita in the trade area, below saturated-market benchmarks.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
65,000 SF
Building Class
C
Year Built
1981
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
8.06 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 123160000801 | Improvements Assessment | $126,544 CAD |
| Land Assessment | $10,847 CAD | Total Assessment | $137,391 CAD |
Property Taxes
Parcel Number
123160000801
Land Assessment
$10,847 CAD
Improvements Assessment
$126,544 CAD
Total Assessment
$137,391 CAD
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Heated Storage Ohio | 199 Gateway Ave
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