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Secure Self Storage
1480 Frey Road, Pittsburgh, Pennsylvania 15146
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Property Info
Price: $5,800,000
Units: 216
Year Built: June 2024/June 2025
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Download Marketing Package
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Broker Contact Info
George Kondracke
614.360.9808
George.Kondracke@marcusmillichap.com
Opportunity
The Market
Investment
Map
Pittsburgh, Pennsylvania MSA Self Storage Offering With Upside
POPULATION
In 2024, the population in your selected geography is 162,498. The population has changed by -5.70 percent since 2010. It is estimated that the population in your area will be 161,782 five years from now, which represents a change of -0.4 percent from the current year. The current population is 52.4 percent male and 47.6 percent female. The median age of the population in your area is 44.0, compared with the U.S. average, which is 39.0. The population density in your area is 2,066 people per square mile.
HOUSEHOLDS
There are currently 77,644 households in your selected geography. The number of households has changed by -0.50 percent since 2010. It is estimated that the number of households in your area will be 77,780 five years from now, which represents a change of 0.2 percent from the current year. The average household size in your area is 2.1 people.
INCOME
In 2024, the median household income for your selected geography is $67,633, compared with the U.S. average, which is currently $76,141.The median household income for your area has changed by 53.35 percent since 2010. It is estimated that the median household income in your area will be $75,842 five years from now, which represents a change of 12.1 percent from the current year.
The current year per capita income in your area is $39,407, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $83,660, compared with the U.S. average, which is $101,307.
EMPLOYMENT
In 2024, 81,408 people in your selected area were employed. The 2010 Census revealed that 63.4 percent of employees are in white-collar occupations in this geography, and 17.7 percent are in blue-collar occupations. In 2024, unemployment in this area was 5.0 percent. In 2010, the average time traveled to work was 29.00 minutes.
HOUSING
The median housing value in your area was $159,033 in 2024, compared with the U.S. median of $321,016. In 2010, there were 49,750.00 owner-occupied housing units and 28,284.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 33.6 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 12.4 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.
The number of area residents with an associate degree was higher than the nation’s at 12.0 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.2 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 35.2 percent in the selected area compared with the 19.7 percent in the U.S.
• Pittsburgh, Pennsylvania MSA Self Storage Offering With Upside
• Newly Built, Class-A Facility
• Located about 10 Miles East of Downtown Pittsburgh
• 34,300 Net Rentable Square Feet
• Room for Future Expansion Opportunities
• Great Visibility Along Both Frey Road and Thompson Run Road
• Large Surrounding Population: Currently 57,611 People Living Within a Three-Mile Radius & 162,498 People Living Within a Five-Mile Radius