4 S Catalpa St - Self-Storage Facilities FOR SALE


Dexter, MO 63841
$1,175,000 USD
817-901-7600
4 S Catalpa St, Dexter, MO for Sale
$1,175,000 USD
Self-Storage Facilities - FOR SALE
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null | Request Cap Rate

4 S Catalpa St
Dexter, MO 63841


HIGHLIGHTS

  • Self storage conversion opened in May 2023
  • 100% climate controlled facility
  • Noké locks throughout the property
  • Remote managed facility with high tech
  • Can be purchased as a Portfolio with 5 other Smartlock Self Storage locations (MO, OK, TX)

OVERVIEW

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)

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smartlock Self Storage - Dexter

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,022 SF

ZONING

Commercial

APN/PARCEL ID

19-5.0-022-003-008-001.00000

ASK ABOUT THIS PROPERTY

Tyler TrahantDominus CommercialMore Info
817-901-7600

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Tyler TrahantDominus CommercialMore Info
817-901-7600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.