Listing Agency: Goldman Investment Advisors

Listed By: Larry Goldman · License #KS - 00032675

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 6:05PM

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Investment Insights

Based on property information with market context.

This self storage operation consists of two sites at 1 Hat Trick Lane and 15956 Veterans Memorial Parkway. Remote management is currently in place, and reported occupancy is 92%. The combined project can accommodate over 24,000 RSF of additional storage development, bringing the facility to 44,680 RSF.

The property offers visibility to I-70 in the western suburbs of St. Louis, Missouri. Expansion is identified as an opportunity within the existing project, with additional profit centers also noted in the property information, including tenant protection plans and truck rental commissions.

Key Highlights

• Two‑site self storage facility at 1 Hat Trick Lane and 15956 Veterans Memorial Parkway
• 92% occupancy
• Over 24,000 RSF of expansion capacity

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

92%

Occupancy

Location Intelligence

Trade Area within ½ mile

140

Businesses Nearby

Explore this area Business Placement

Demographics for 63390, MO

11,982

Population

5,681

Households

2.1

Avg Household Size

38

Median Age

24%

College-Educated

84%

High-School Grad

78.2 sq mi

ZIP Area

153

Density / Sq Mi

$79,803

Median Household Income

$42,297

Median Earnings

$872

Median Rent

$244,500

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

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Frequently Asked Questions

What type of property is this?

Self storage facility - The property is remotely managed and has capacity for additional storage development.

Where is this self storage facility located?

The property is located at 15956 Veterans Memorial Pkwy Wright City, MO.

What are key features of this property?

This property features: Two‑site self storage facility at 1 Hat Trick Lane and 15956 Veterans Memorial Parkway; 92% occupancy; Over 24,000 RSF of expansion capacity