5020 Adobe Rd - Self-Storage Facilities FOR SALE


Twentynine Palms, CA 92277
$7,250,000 USD
909-380-0073
5020 Adobe Rd, Twentynine Palms, CA for Sale
$7,250,000 USD
Self-Storage Facilities - FOR SALE
1/15
null | 6.35% Cap Rate

5020 Adobe Rd
Twentynine Palms, CA 92277


HIGHLIGHTS

  • Two Property Portfolio With Expansion Potential
  • High Traffic - 14,900 Vehicles Daily
  • Near Largest Combat Base in the United States (MGAGCC)
  • On-Site Office & Apartment
  • 12th Largest MSA in the Nation (Riverside-San Bernardino MSA)
  • Below Market Rents & Below Market Occupancy

OVERVIEW

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Calvary Realty is pleased to present the opportunity to acquire a two-property Self-Storage portfolio located within walking distance of one another, offering exceptional market control and economies of scale. The portfolio represents a rare opportunity to secure a dominant foothold in the Riverside–San Bernardino MSA, the 12th largest metropolitan area in the United States. The portfolio encompasses a combined 59,565 square feet of enclosed storage and 10,650 square feet of parking, situated across 7.08 acres. With a total of 529 storage units, 55 vehicle storage spaces, an apartment, and 2 management offices, the properties offer diverse income streams. Additional revenue is generated through cell tower income, while further upside exists through expansion potential on available land. The properties are strategically positioned along a highly visible corridor with an average daily traffic count of 14,900 vehicles per day, ensuring strong exposure and customer demand. The portfolio’s proximity to the Marine Corps Air Ground Combat Center – the largest Marine combat base in the United States – provides a steady demand driver from military personnel and families in the area. These facilities hold a monopoly-like position in the market, ensuring durable occupancy levels and pricing power. Together, these assets create a highly compelling investment profile: stabilized income, expansion opportunity, strong location fundamentals, and market dominance within one of the fastest-growing regions in Southern California.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Select Storage Portfolio - 29 Palms, CA

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Car Wash, Auto Salvage Facility, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.08 AC

LAND SF

308,405 SF

ZONING

Storage

APN/PARCEL ID

0621-051-03,0621-061-10

ASK ABOUT THIS PROPERTY

Brandon RobinsonCalvary RealtyMore Info
909-380-0073

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Brandon RobinsonCalvary RealtyMore Info
909-380-0073

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