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Self-Storage Portfolio with Office
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2501 4th Ave South, Denison, IA 51442

Three-property self-storage portfolio with 309 non-climate units, security cameras, and a leased leasing office.

Property Size45,000 SF
Days on Market134

Property Features for 2501 4th Ave South

General Information

Standard status Active
Size 45,000 SF
Property subtype Self Storage
Occupancy 77%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 9.69%

Amenities

exterior lighting
security cameras

Building Details

Construction metal buildings
Listing Agency: VERSAL - Bellomy
Listed By: Bill Bellomy · License #TX 575641
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:40PM

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 VERSAL - Bellomy

Investment Insights

Based on property information with market context.

Cornerstone Storage is a three-property self-storage portfolio totaling 45,000 NRSF. The facilities include 309 non-climate units and an on-site leasing office in Denison that is currently rented. Construction features include concrete driveways and metal buildings with steel framing and standing seam roofs. The properties are equipped with exterior lighting and security cameras.

The three locations are within an hour drive of each other. Each facility is described as having frontage and visibility on main thoroughfares/state highways, supporting convenient access for customers traveling in and out of the markets served.

The portfolio’s physical occupancy is 77%, with reported upside to increase occupancy toward a stabilized rate of 90%. The listing is being offered for sale as a bundled ownership opportunity.

Key Highlights

  • Three‑property self‑storage portfolio totaling 45,000 NRSF
  • Total of 309 non‑climate units with a leasing office in Denison currently rented
  • Cornerstone Storage physical occupancy is 77%, with upside to 90% stabilized occupancy

Property Analytics

Current Use

B & D Commodities Trucking Company Book Now Storage ... Storage Facility

Suggested Use

Top Pick Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 51442, IA

9,763
Population
3,772
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
159.6 sq mi
ZIP Area
61
Density / Sq Mi
$64,399
Median Household Income
$35,375
Median Earnings
$763
Median Rent
$146,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Three-property self-storage portfolio with 309 non-climate units, security cameras, and a leased leasing office.
Where is this self storage facility located?
The property is located at 2501 4th Ave South Denison, IA.
What are key features of this property?
This property features: Three‑property self‑storage portfolio totaling 45,000 NRSF; Total of 309 non‑climate units with a leasing office in Denison currently rented; Cornerstone Storage physical occupancy is 77%, with upside to 90% stabilized occupancy
More about this property
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