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Informations principales sur l'investissement

  • Recent conversion opened in mid-2023 • Densely populated area: 152,541 in 3-Miles • Value Add – Store rents are $10/SF below stabilized market rents
  • High percentage of renter occupied housing: 54% • Located 1.5 miles from Trenton, NJ city center • 34 Miles to Philadelphia | 70 Miles to NYC
  • Owner has installed a new state-of-the-art Fully Sprinklered Fire Suppression and Life Safety Recall System • New electrical systems thru out
  • 22,328 SF expansion opportunity on 3rd Floor and Lower Level • Cell Tower Income • Underserved market with strong demand for self-storage: 3.39 SF/Cap
  • Owner Renovation includes all new roof, HVAC, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot
  • 70% of the 3-mile submarket square footage is REIT owned • 100% Climate Control facility

Résumé analytique

Storage Box Central presents a compelling investment opportunity in the heart of Ewing, NJ, a dynamic submarket within the Greater Trenton area. This well-positioned self-storage facility benefits from strong fundamentals, including a population of over 152,000 within a three-mile radius and an underserved market with only 3.39 SF per capita. The property’s current occupancy of 87% demonstrates healthy demand while leaving room for immediate upside through rental rate optimization and strategic expansion. The site offers additional income from an on-site cell tower, enhancing revenue diversity and long-term stability. Located near major thoroughfares and residential communities, Storage Box Central provides excellent visibility and accessibility for customers. Investors will appreciate the opportunity to capitalize on favorable demographics, limited competition, and strong growth trends in self-storage utilization. With expansion potential and proven performance, this asset is primed for value creation and sustained returns.

Informations sur l’immeuble

Prix 7 334 395 €
Prix par m² 1 590,32 €
Type de vente Investissement
Type de bien Spécialité
Sous-type de bien Entreposage libre-service
Classe d’immeuble B
Surface du lot 0,42 ha
Surface de l’immeuble 4 612 m²
Nb d’étages 4
Année de construction/rénovation 1920/2023
Zonage IP-3

Caractéristiques

  • Climatisation
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
  • ID de l’annonce: 35541247

  • Date de mise sur le marché: 17/04/2025

  • Dernière mise à jour:

  • Adresse: 558 W Ingham Ave, Ewing Township, NJ 08638

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