Listing Agency: Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg Show Phone

Listed By: Thomas R. Wilkins, CEO Show Phone

Source: Exprealty

Added: May 14, 2024 Changed: Aug 20 Last Checked: Aug 28 at 12:35PM

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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 Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg

Investment Insights

Based on property information with market context.

This property features the U-Lock It Storage Center, which includes 415 assorted size lockers. Additionally, there is a 10,000 square foot warehouse with 28-foot ceilings, one drive-in door, and three loading docks. The property also includes four rental units in a strip. The business is described as seasoned with long-term tenants and below-market rents. The property is located in Pocono Summit, PA.

Key Highlights

• Over 24.78% Return on Income
• Seasoned Business with Long Term Tenants
• U‑LOCK IT STORAGE CENTER with 415 Assorted size lockers

Property Analytics

Property Profile

Current Use

AAA Self Storage Storage Facility U-Haul Neighborhood Dealer Car Rental Facility AAA Moving & Storage Moving Company Cook Family Photography (Bike/Boat/Book/etc) Store Diamond Inkz Tattoo ... Tattoo & Piercing Shop

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Bakery

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

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Self storage facility - Storage center with warehouse and rental units for sale.

Where is this self storage facility located?

The property is located at 5393 Development Park Dr Pocono Summit, PA.

What is the asking price?

The asking price for this property is $6,999,000.

What are key features of this property?

This property features: Over 24.78% Return on Income; Seasoned Business with Long Term Tenants; U‑LOCK IT STORAGE CENTER with 415 Assorted size lockers