Building Details

Year Built 2023

Listing Agency: Marcus & Millichap - Manhattan

Listed By: Ian Grusd · License #9233895

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:49PM

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Investment Insights

Based on property information with market context.

Completed in 2023, this self-storage facility contains 527 units totaling 106,780 NRSQFT. The mix includes 381 drive-up units, 88 interior non-climate-controlled units, and 58 climate-controlled units, along with 32 parking spaces. Two commercial warehouses are also available for rent on the property.

The facility occupies nearly 20 acres along US Route 127 in Clarklake, MI, a corridor reported to carry roughly 18,000 vehicles per day. Approximately 3.5 acres within the parcels can accommodate boat and RV storage. Third-party management began in May 2024 while the property continues its lease-up period.

Key Highlights

• 527‑unit self‑storage facility built in 2023
• 106,780 NRSQFT across 381 drive‑up, 88 interior non‑climate‑controlled, and 58 climate‑controlled units
• 32 parking spaces included

Property Analytics

Property Profile

Current Use

Clarklake trailer and Powersports (Bike/Boat/Book/etc) Store Office Supply Hut (Bike/Boat/Book/etc) Store Citizen Storage Storage Facility Dynamic Interiors Carpet & Flooring Store

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Storage Facility Garden Center Furniture & Home Goods Parking Lot & Garage

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Explore this area Business Placement

Demographics for 49234, MI

2,580

Population

1,234

Households

2.1

Avg Household Size

52

Median Age

35%

College-Educated

97%

High-School Grad

21.3 sq mi

ZIP Area

121

Density / Sq Mi

$113,333

Median Household Income

$54,356

Median Earnings

$1,166

Median Rent

$280,800

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 - Recently built storage property with drive-up, interior, and climate-controlled units plus warehouse space.

Where is this self storage facility located?

The property is located at 9416 S Meridian Rd Clarklake, MI.

What are key features of this property?

This property features: 527‑unit self‑storage facility built in 2023; 106,780 NRSQFT across 381 drive‑up, 88 interior non‑climate‑controlled, and 58 climate‑controlled units; 32 parking spaces included