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Cherry Valley, CA Self-Storage Development Si 38692 Brookside Ave 98,100 SF 100% Leased Industrial Building Cherry Valley, CA 92223 $8,560,687 CAD ($87.26 CAD/SF)
Investment Highlights
- Fully entitled, shovel-ready self-storage development opportunity in the San Bernardino MSA located at 38718 Brookside Dr, Cherry Valley, CA
- Additional ±81,334 SF of unenclosed, canopied RV parking with 150 dedicated stalls creates diversified revenue beyond traditional storage inco
- Institutional confidence validated by 4+ institutionally owned or managed self-storage facilities operating within 3 miles of the site
- ±8.27-acre development parcel approved for a Class A, single-story drive-up facility totaling 98,100 NRSF across 859 storage units
- Strong submarket fundamentals supported by meaningful population growth, zero competing facilities within a 1-mile radius
- Proven rental rate strength with current market average rents at $1.31 PSF ($15.70 annually) and trailing 12-month average rents at $1.48 PSF
Executive Summary
Broker of Record
David Harrington
License # 02168060, 01320460 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060, 01320460 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
| Price | $8,560,687 CAD | Rentable Building Area | 98,100 SF |
| Price Per SF | $87.26 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2026 |
| Property Type | Industrial |
| Price | $8,560,687 CAD |
| Price Per SF | $87.26 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Rentable Building Area | 98,100 SF |
| No. Stories | 1 |
| Year Built | 2026 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
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Cherry Valley, CA Self-Storage Development Si | 38692 Brookside Ave
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