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Millcreek Self Storage
14280 Industrial Pkwy, Marysville, Ohio 43040
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Property Info
Price: $5,500,000
Units: 254
Year Built: 2005-2021
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Download Marketing Package
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Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Columbus, OH MSA Self-Storage Offering
POPULATION
In 2024, the population in your selected geography is 32,670. The population has changed by 28.06 percent since 2010. It is estimated that the population in your area will be 35,819 five years from now, which represents a change of 9.6 percent from the current year. The current population is 53.7 percent male and 46.3 percent female. The median age of the population in your area is 37.0, compared with the U.S. average, which is 39.0. The population density in your area is 415 people per square mile.
HOUSEHOLDS
There are currently 11,858 households in your selected geography. The number of households has changed by 36.64 percent since 2010. It is estimated that the number of households in your area will be 13,163 five years from now, which represents a change of 11.0 percent from the current year. The average household size in your area is 2.4 people.
INCOME
In 2024, the median household income for your selected geography is $79,857, compared with the U.S. average, which is currently $76,141. The median household income for your area has changed by 40.00 percent since 2010. It is estimated that the median household income in your area will be $74,413 five years from now, which represents a change of -6.8 percent from the current year.
The current year per capita income in your area is $36,028, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $94,383, compared with the U.S. average, which is $101,307.
EMPLOYMENT
In 2024, 16,758 people in your selected area were employed. The 2010 Census revealed that 58 percent of employees are in white-collar occupations in this geography, and 25.4 percent are in blue-collar occupations. In 2024, unemployment in this area was 3.0 percent. In 2010, the average time traveled to work was 23.00 minutes.
HOUSING
The median housing value in your area was $271,426 in 2024, compared with the U.S. median of $321,016. In 2010, there were 5,967.00 owner-occupied housing units and 2,711.00 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. 32.7 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 7.8 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 13.9 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 0.7 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 38.6 percent in the selected area compared with the 19.7 percent in the U.S.
• Columbus, OH MSA Self-Storage Offering
• 46,910 Net Rentable Square Feet
• 254 Non-Climate Controlled Units & Eight Outdoor Parking Spaces
• Significant Management Upside
• Stabilized Facility: 95% Physical Occupancy
• Growing Surrounding Population: 28% Population Increase Within a Five-Mile Radius Since 2010
• High Daily Traffic Counts: ~8,200 Cars/Day off Industrial Parkway
• Located Approximately 25 Miles Northwest of Columbus, Ohio
• Easily Accessible from US Route 33