5550 Sherman Oaks rd - Self-Storage Facilities FOR SALE


$3,200,000 USD
612-394-7553
5550 Sherman Oaks rd, Stacy, MN for Sale
$3,200,000 USD
Self-Storage Facilities - FOR SALE
1/6
null | Request Cap Rate


HIGHLIGHTS

  • Prime Interstate 35 Location — Situated directly off I-35 with visibility to 50,000+ vehicles per day
  • Strong, Consistent Occupancy — 214 units across 47,325 RSF with current unit occupancy of ~89%, demonstrating durable tenant demand in the submarket.
  • Clear Value-Add Upside — Currently mom-and-pop managed, offering a straightforward path to NOI growth through professional management.
  • Approved Expansion Potential — Entitlement risk already eliminated with approved plans to add ~7,300 SF of additional storage buildings.

OVERVIEW

Rupp’s Indoor & Outdoor Storage presents investors a rare opportunity to acquire a modern, well-located self storage facility in Stacy, Minnesota. Constructed in 2022, the 12.3-acre site offers 214 units totaling 47,325 rentable square feet and boasts premium amenities including asphalt paving throughout, a fully fenced perimeter with automated gate access, and security camera coverage, features that distinguish the property from older competing facilities in the submarket. Situated directly off Interstate 35 with visibility to over 50,000 vehicles per day, the site benefits from exceptional drive-by awareness and easy accessibility, supporting consistently strong occupancy performance since opening. The facility’s current owner-operated management structure presents a compelling value-add opportunity for an incoming professional operator to implement scalable systems, optimize revenue, and streamline expenses. A June 1, 2026 rent increase adding approximately $1,140 per month provides immediate income upside upon closing. Longer term, approved expansion plans for approximately 7,300 SF of additional storage buildings offer a capital-light path to further NOI growth. Together, these levers position Rupp’s Indoor & Outdoor Storage as a strong addition to any self-storage investment portfolio.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rupp’s Indoor & Outdoor Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.3 AC

LAND SF

535,788 SF

ZONING

-

APN/PARCEL ID

19-00184-35

ASK ABOUT THIS PROPERTY

Alex IhrkeArea Storage AdvisorsMore Info
612-394-7553

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Alex IhrkeArea Storage AdvisorsMore Info
612-394-7553

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