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The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Midway Self Storage located in Carlisle, Pennsylvania. The facility consists of 121 climate-controlled units, 524 non-climate-controlled units, and two commercial spaces totaling 94,990 net rentable square feet. The facility also features 144 outdoor parking spaces available for rent. The property also brings in ancillary income through a car wash and a USPS parking lease. This is a stabilized cash flowing facility that is currently 99% physically occupied. The property is fully fenced with a keypad, gated entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a growing surrounding population. The population within five miles of the facility is 47,121, which represents a 17.5% increase since 2000. The property is also conveniently located about one mile from Interstate-81 and less than 20 miles from Harrisburg. The facility has great street frontage and high daily traffic counts of around 12,300 cars per day off Holly Pike (Pennsylvania State Route 34).

Midway Self Storage is being offered for $19,000,000 or $200.02 per rentable square foot.

Population
In 2020, the population in your selected geography is 47,421. The population has changed by 17.51% since 2000. It is estimated that the population in your area will be 49,373 five years from now, which represents a change of 4.12% from the current year. The current population is 48.27% male and 51.73% female. The median age of the population in your area is 41.11, compare this to the US average which is 38.21. The population density in your area is 602.86 people per square mile.

Households
There are currently 19,184 households in your selected geography. The number of households has changed by 19.50% since 2000. It is estimated that the number of households in your area will be 20,135 five years from now, which represents a change of 4.96% from the current year. The average household size in your area is 2.33 persons.

Income
In 2020, the median household income for your selected geography is $68,970, compare this to the US average which is currently $62,990. The median household income for your area has changed by 60.90% since 2000. It is estimated that the median household income in your area will be $81,669 five years from now, which represents a change of 18.41% from the current year.

The current year per capita income in your area is $37,859, compare this to the US average, which is $34,935. The current year average household income in your area is $91,739, compare this to the US average which is $90,941.

Race & Ethnicity
The current year racial makeup of your selected area is as follows: 86.65% White, 6.35% Black, 0.06% Native American and 2.35% 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 4.76% 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 $212,232 in 2020, compare this to the US average of $221,068. In 2000, there were 10,540 owner occupied housing units in your area and there were 5,514 renter occupied housing units in your area. The median rent at the time was $462.

Employment
In 2020, there are 31,323 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 61.62% of employees are employed in white-collar occupations in this geography, and 38.43% are employed in blue-collar occupations. In 2020, unemployment in this area is 3.72%. In 2000, the average time traveled to work was 23 minutes.

■ 94,990 Net Rentable Square Feet
■ 121 CC Units | 524 NCC Units
■ Two Commercial Spaces
■ 144 Outdoor Parking Spaces
■ Ancillary Income Through Car Wash and USPS Lease
■ 99% Physically Occupied
■ Below Market Rents
■ Room for a Nine Building Expansion
■ Affluent Market: Average Household Income Within One, Three and Five Miles is Well Above the National Average
■ High Daily Traffic Counts: 12,300 Cars/Day off Holly Pike (Pennsylvania State Route 34)
■ 17.5% Population Growth Within a Five Mile Radius Since the Year 2000

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