Self-Storage Facility with 624
For Sale
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3103 Hoffman Dr NW, Owatonna, MN 55060
Self-storage facility with 624 units across 134,610 NLSF, featuring access along Old U.S. Hwy 14.
Property Size134,610 SF
Days on Market121
Property Features for 3103 Hoffman Dr NW
General Information
Standard status
Active
Size
134,610 SF
Property subtype
Self Storage
Additional Details
Road Access
Yes
Listing Agency:
Lindsey Self Storage
Listed By:
Kirk Martin · License #WI 9364694
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:53PM
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 Lindsey Self Storage
Investment Insights
Based on property information with market context.
This self-storage facility offers 134,610 NLSF and is currently comprised of 624 storage units. The site has supported strong occupancy and has undergone multi-year expansion, including a recent 12,000 NLSF expansion. Additional expansion capacity is described as approximately 2.0 +/- acres.
The property is located in Owatonna, the county seat of Steele County, with frontage along Old U.S. Hwy 14 and traffic counts reported as over 9,400 VPD.
Market context provided in the materials includes 6.50 SF per capita within a 10-mile radius, supporting continued storage demand based on historical performance and the ability to capitalize on the added space.
The property is located in Owatonna, the county seat of Steele County, with frontage along Old U.S. Hwy 14 and traffic counts reported as over 9,400 VPD.
Market context provided in the materials includes 6.50 SF per capita within a 10-mile radius, supporting continued storage demand based on historical performance and the ability to capitalize on the added space.
Key Highlights
- Self‑storage facility in Owatonna, Steele County with 624 units across 134,610 NLSF
- Located along Old U.S. Hwy 14 with over 9,400 VPD traffic
- 12,000 NLSF expansion recently added/available for additional growth
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 55060, MN
29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self-storage facility with 624 units across 134,610 NLSF, featuring access along Old U.S. Hwy 14.
Where is this self storage facility located?
The property is located at 3103 Hoffman Dr NW Owatonna, MN.
What are key features of this property?
This property features: Self‑storage facility in Owatonna, Steele County with 624 units across 134,610 NLSF; Located along Old U.S. Hwy 14 with over 9,400 VPD traffic; 12,000 NLSF expansion recently added/available for additional growth
