9518 S 120th St - Self-Storage Facilities FOR SALE


La Vista, NE 68128
$7,250,000 USD
402-740-6791
9518 S 120th St, La Vista, NE for Sale
$7,250,000 USD
Self-Storage Facilities - FOR SALE
1/15
null | 6.3% Cap Rate

9518 S 120th St
La Vista, NE 68128


HIGHLIGHTS

  • ?New Construction Quality, No Near-Term CapEx Risk
  • 90%+ Occupied — Revenue Upside is Rate-Driven, Not Speculative
  • Proven Demand in a High-Growth Submarket
  • Quantifiable Near-Term NOI Expansion
  • Competitive Positioning in a Fragmented Market
  • Straightforward Acquisition with Clean Ownership Structure

OVERVIEW

PROPERTY WEBSITE: https://morespacestoragenebraska.netlify.app More Space Storage is a 416-unit, 96,810-square-foot self-storage facility in Papillion, Nebraska, currently 90% occupied and offered at a 6.3% cap rate.? Built in 2020 and 2023, it is one of the newest and best-positioned assets in the Omaha MSA.? Property features climate-controlled units, enclosed drive-up garages, secured outdoor parking, digital surveillance, and 24/7 tenant access.? The facility is locally built and operated, operationally clean, and primed for immediate upside through straightforward rate optimization.? No deferred maintenance.? No partnership complexity.? Just a modern, well-occupied asset in one of the fastest-growing submarkets in the region.? More Space Storage is located on South 120th Street in Papillion, Nebraska, between Cornhusker Road and Giles Road — positioned along one of the primary north-south arterials connecting Papillion to the greater Omaha metropolitan area.? The surrounding Highway 370 corridor is one of the most active growth corridors in the MSA, with significant new residential, retail, and commercial development underway, bringing new rooftops and rising household incomes directly to the facility's trade area.?

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MORE SPACE STORAGE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.05 AC

LAND SF

350,658 SF

ZONING

LI

APN/PARCEL ID

011602679

ASK ABOUT THIS PROPERTY

Benjamin PearsonLee & Associates | OmahaMore Info
402-740-6791

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Benjamin PearsonLee & Associates | OmahaMore Info
402-740-6791

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