215-531-7000
9416 & 9424 S Meridian Rd, Clarklake, MI for Sale
Self-Storage Facilities - FOR SALE
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9416 & 9424 S Meridian Rd
Clarklake, MI 49234


HIGHLIGHTS

  • 106,780 Net Rentable Square Feet
  • Situated Along Busy US Route 127, Seeing Nearly 18,000 Vehicles Per Day
  • 3.5 Acres of land for expansion and/or Boat & RV Storage
  • Implemented 3rd Party Management in June 2024
  • Built in 2023

OVERVIEW

Marcus & Millichap is pleased to offer for sale Citizens Self-Storage, a 527 unit facility built in 2023. Situated on nearly 20 acres of land along the heavily traveled US Route 127 in Clarklake, MI which sees roughly 18,000 vehicles per day. Citizens Self-Storage contains a total of 106,780 NRSQFT with 381 drive-up units, 88 interior non-climate-controlled units, 58 Climate-Controlled units and 32 parking spaces. The site also features 2 Commercial Warehouses for rent. The parcels currently contain approximately 3.5 acres of land which can be used for Boat & RV storage. Due to the recent opening in 2023, the property is working through a lease up and 3rd Party Management was hired in May of 2024 and has seen a drastic increase in online rentals.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.94 AC

LAND SF

912,146 SF

ZONING

I-1

APN/PARCEL ID

000-18-13-276-001-02,000-18-13-276-001-06

ASK ABOUT THIS PROPERTY

Andreas MakrisMarcus & MillichapMore Info
215-531-7000

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Andreas MakrisMarcus & MillichapMore Info
215-531-7000

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