Five Corners Storage 5647 Chicago Cir Immeuble | 3 094 m² | Spécialité | À vendre 1 865 340 € | Billings, MT 59105

Five Corners Storage is an exceptional self-storage investment located in Billings, Montana’s fast-growing Heights area, a region characterized by robust residential expansion and limited storage competition. Strategically situated on Chicago Circle near key commuter routes, the facility enjoys strong visibility and easy access for both residential and commercial customers. The surrounding demographics reflect a high median household income and homeownership rates, supporting consistent storage demand. The property offers approximately 33,300 rentable square feet of enclosed drive-up storage and 10,000 square feet of outdoor parking, serving a wide range of tenant needs with units from 25 SF to 1,000 SF. It is equipped with security cameras, an electronic gate, and an on-site office, making it a highly functional and appealing facility for both customers and investors.
A major upside to this location is the imminent opening of the Billings Bypass corridor, scheduled for July 3, 2025. This new infrastructure project will connect Johnson Lane in Lockwood to Five Mile Road in the Heights—just south of the facility—via the Yellowstone River Bridge. The route is designed to ease traffic congestion on Main Street (the busiest road in Montana) by diverting trucks and through-traffic, thereby improving overall accessibility to the area. This long-anticipated transportation upgrade is expected to increase exposure to the facility and drive higher demand, further enhancing its already strong investment profile. With in-place market rents, low operating expenses, and significant occupancy upside, Five Corners Storage offers a compelling opportunity in a market poised for continued growth.