Smartlock Self Storage is a 100% climate-controlled self storage facility located at 4 S. Catalpa Street in Dexter, Missouri, just half a mile south of the downtown core. The property operates as a conversion facility, offering 125 individual storage units totaling 13,730 rentable square feet within an enclosed, interior-access building. The facility is equipped with the Noké Smart Entry System, enabling fully automated, 24-hour tenant access via a mobile app, eliminating the need for on-site management and reducing operational overhead. Additionally, the rear portion of the building is an unfinished, approximately 5,000 SF sec¬tion rented as a large contractor space. The owner has plans for converting this space to additional climate control units.
Currently, the Smartlock location boasts occupancy of approximately 90% demonstrating the strength of the market and the operations of the well positioned asset.
Dexter is a small but stable community of approximately 8,000 residents located in Stoddard County in Missouri’s Bootheel region. The city serves as a regional trade center for the surrounding rural area and is home to a mix of agricultural, light in¬dustrial, and service-based employers. Dexter’s steady residential base and limited climate-controlled storage supply create favorable market dynamics for a modern, technology-enabled facility like Smartlock.
Can be purchased as a Portfolio with 5 other Smartlock Self Storage locations (MO, OK, TX)