Extra Space Space DC, located at 1240 Mount Olivet Road Northeast, Washington, DC, presents a prime opportunity to acquire a well-stabilized self-storage facility in a thriving market. The property spans 53,491 net rentable square feet (NRSF) across 723 self-storage units. Built in 2021, the facility is currently operating at 95% physical occupancy and 90%economic occupancy, with a strong potential for rate growth. The surrounding 5-mile radius includes over 780,255 residents, and the storage supply in the area is 4.62 SF per capita, indicating robust demand with limited competition. The facility benefits from its strategic location near major traffic corridors, including Mount Olivet Road (19,700 vehicles per day) and West Virginia Avenue (10,300 vehicles per day), ensuring high visibility and access for potential customers. The median household income within this 5-mile radius is $106,533, reinforcing demand from the area's higher-income households who are more likely to seek quality, secure storage options. The market conditions in Washington, DC, characterized by a steady population growth rate and an undersupplied trade area with minimal self-storage competition, create an attractive environment for long-term investment. With limited new storage development in the pipeline, this facility stands out as a highly attractive acquisition.