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The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Loveland Store-N-Lock located in Loveland, Ohio. The facility consists of 403 non-climate controlled units and 26 office/warehouse spaces, totaling 78,206 net rentable square feet. They also offer 46 outdoor parking spaces for rent. This is a stabilized cash flowing facility that is currently 90% physically occupied. The property is fully fenced with an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense, affluent, and growing surrounding population and is just 20 miles northeast of downtown Cincinnati. They are conveniently located less than five miles from I-275 which provides easy access to serve customers in Loveland and surrounding areas such as Maineville, Goshen, Indian Hill, Kenwood, and Madeira. It is also surrounded by many residential neighborhoods, restaurants, retail stores, grocery stores, and schools, as well as Kings Island amusement park is just seven miles away. The property has great street frontage and high daily traffic counts of around 12,000 cars per day.

Loveland Store-N-Lock is being offered for $8,400,000 or $107.41 per rentable square foot.

Population
In 2020, the population in your selected geography is 110,665. The population has changed by 15.83% since 2000. It is estimated that the population in your area will be 112,287 five years from now, which represents a change of 1.47% from the current year. The current population is 49.19% male and 50.81% female. The median age of the population in your area is 41.21, compare this to the US average which is 38.21. The population density in your area is 1,407.18 people per square mile.

Households
There are currently 42,044 households in your selected geography. The number of households has changed by 21.41% since 2000. It is estimated that the number of households in your area will be 43,009 five years from now, which represents a change of 2.30% from the current year. The average household size in your area is 2.61 persons.

Income
In 2020, the median household income for your selected geography is$99,904, compare this to the US average which is currently $62,990. The median household income for your area has changed by 40.80%since 2000. It is estimated that the median household income in your area will be $113,794 five years from now, which represents a change of 13.90% from the current year.

The current year per capita income in your area is $52,658, compare this to the US average, which is $34,935. The current year average household income in your area is $138,381, compare this to the US average which is $90,941.

Race & Ethnicity
The current year racial makeup of your selected area is as follows: 85.10% White, 3.67% Black, 0.11% Native American and 7.72% Asian/Pacific Islander. Compare these to US averages which are: 69.84% White, 12.88% Black, 0.20% Native American and 5.75%Asian/Pacific Islander. People of Hispanic origin are counted independently of race.

People of Hispanic origin make up 3.67% of the current year population in your selected area. Compare this to the US average of 18.38%.

Housing
The median housing value in your area was $270,097 in 2020, compare this to the US average of $221,068. In 2000, there were 28,186 owner occupied housing units in your area and there were 6,446 renter occupied housing units in your area. The median rent at the time was $666.

Employment
In 2020, there are 69,811 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 77.24% of employees are employed in white-collar occupations in this geography, and 22.69% are employed in blue-collar occupations. In 2020, unemployment in this area is 2.86%. In 2000, the average time traveled to work was 26 minutes.

■ Cincinnati, Ohio MSA Self Storage Offering
■ 78,206 Net Rentable Square Feet
■ 403 Non-Climate Controlled Units (26 Office/Retail/Warehouse Spaces, 46 Outdoor Parking Spaces)
■ 90% Physically Occupied
■ Significant Room For Expansion
■ Significantly Below Market Rents
■ Undersaturated Self Storage Market: 5.19 NRSF/Capita Within a Three-Mile Radius; 8.05 NRSF/Capita Within a Five-Mile Radius
■ High Daily Traffic Counts: 12,000 Cars/Day
■ Conveniently Located Less than Five Miles From I-275
■ Densely Populated Area: 110,665 People Living Within Five Miles – Represents 16% Increase Since 2000
■ Affluent Market: Average Household Income Within Five, Three, and One Mile is Well Above the National Average
■ Average Household Income: $138,381 Five Miles; $145,692 Three-Miles; $139,021 One Mile

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