353-Unit Self-Storage
1239 Larrabee Rd, Liberal, KS 67901
For Sale
New
Contact for pricing
Two facilities combine storage units, outdoor vehicle parking and apartment space.
Property Size55,500 SF
Price / SF$54.05
Days on Market6
Property Features for 1239 Larrabee Rd
General Information
Standard status
Size
Property subtype
Occupancy
Warehouse & Industrial
Warehouse Space
Self-Storage Units
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Asking Price
Property Use
Amenities
security cameras
Listing Agency:
NAI Martens
(316) 262-0000
Listed By:
Drew Gannon, CCIM · License KS #00242621
(316) 680-1108
Source:
Moodyscre
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 2:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Martens
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Investment Insights
Based on property information with market context.
This two-property self-storage portfolio contains 353 storage units totaling 55,500 NRSF, plus 11,760 NRSF of outdoor parking across 21 spaces. Two apartment units add 1,700 NRSF. Recent work at both facilities includes LED lighting, painting and surveillance camera installation, and each property has land available for expansion.
Across the portfolio, unit occupancy is 80.9%. Liberal West, at 605 Terminal Ave, has 77.2% unit occupancy and an expense ratio of approximately 50%. Liberal South, at 1239 Larabee Rd, records 84.2% unit occupancy and 99.6% economic occupancy. The South property is just south of Southgate Mall, near retailers including Harbor Freight, Big R stores, Galleria Furniture and Dollar General, as well as Southgate Cinema 6. Both facilities are in Liberal, Kansas.
Across the portfolio, unit occupancy is 80.9%. Liberal West, at 605 Terminal Ave, has 77.2% unit occupancy and an expense ratio of approximately 50%. Liberal South, at 1239 Larabee Rd, records 84.2% unit occupancy and 99.6% economic occupancy. The South property is just south of Southgate Mall, near retailers including Harbor Freight, Big R stores, Galleria Furniture and Dollar General, as well as Southgate Cinema 6. Both facilities are in Liberal, Kansas.
Key Highlights
- 353 storage units totaling 55,500 NRSF
- Outdoor parking totals 11,760 NRSF across 21 spaces
- Two apartment units provide 1,700 NRSF
Property Analytics
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Current Use
Lease Details
80.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 67901, KS
21,242
Population
7,838
Households
2.7
Avg Household Size
31
Median Age
12%
College-Educated
72%
High-School Grad
310.5 sq mi
ZIP Area
68
Density / Sq Mi
$62,222
Median Household Income
$41,412
Median Earnings
$926
Median Rent
$130,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Two facilities combine storage units, outdoor vehicle parking and apartment space.
Where is this self storage facility located?
The property is located at 1239 Larrabee Rd Liberal, KS.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 353 storage units totaling 55,500 NRSF; Outdoor parking totals 11,760 NRSF across 21 spaces; Two apartment units provide 1,700 NRSF
