922 W Evelyn Ave - Self-Storage Facilities FOR SALE


Sunnyvale, CA 94086- Sunnyvale West
$4,500,000 USD
510-304-8077
922 W Evelyn Ave, Sunnyvale, CA for Sale
$4,500,000 USD
Self-Storage Facilities - FOR SALE
1/18
null | 5.06% Cap Rate

922 W Evelyn Ave
Sunnyvale, CA 94086
Sunnyvale West


HIGHLIGHTS

  • High Barriers to Entry
  • Exceptional Storahe Fundamentals
  • Excellent Visibility and Access
  • Strong Demos

OVERVIEW

Storage Corner Sunnyvale is a well-located, infill self-storage facility in Sunnyvale, comprising 109 units across 11,651 net rentable square feet. Situated on approximately 0.51 acres (APN: 165-20-021), the property was originally constructed in 1985 and renovated in 2023. The asset is fully built out, featuring a single two-story building designed to maximize efficiency in a supply-constrained Silicon Valley market, with no additional expansion required. The facility offers a strong mix of operational features and customer-focused amenities, including gated access with digital keypad entry, an on-site management office, and 24/7 video surveillance. In addition to traditional roll-up door units, the property benefits from a diverse unit mix with both drive-up and interior access options, lift access to upper levels, fire sprinkler systems, and convenient tenant features such as handcarts and dollies, online bill pay, and flexible leasing options. These features support a wide range of residential and commercial users while enhancing overall tenant convenience and retention. Strategically positioned along West Evelyn Avenue, the property benefits from strong visibility and exposure to approximately 15,221 vehicles per day. The surrounding retail corridor is anchored by national tenants such as Target Corporation, Whole Foods Market, The Home Depot, and AMC Theatres, driving consistent consumer traffic and demand. The property serves a dense three-mile population of 215,315 residents and 86,617 households, supported by an average household income of $209,470 and projected population growth of 2.7 percent over the next five years. With approximately 4.41 net rentable square feet per capita, the market reflects constrained supply fundamentals, further reinforcing the asset’s long-term investment appeal within one of the nation’s most affluent and dynamic submarkets.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,072 SF

ZONING

M1

APN/PARCEL ID

165-20-021

ASK ABOUT THIS PROPERTY

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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