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National Storage Centers
3469 South High Street, Columbus, Ohio 43207
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Property Info
Price: $7,500,000
Units: 633
Year Built: 2018
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Download Marketing Package
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Broker Contact Info
Nathan Coe
614.360.9801
Nathan.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Columbus, Ohio Self Storage Facility With Large Upside
See marketing package for demographics.
• Columbus, Ohio Self Storage Facility With Large Upside
• Located Five Miles From Downtown
• 70,102 Net Rentable Square Feet
• 630 Climate Controlled Units | Three Non-Climate Controlled Units
• Approved 26,000 Square Foot Fortress Style, Drive-Up Expansion
• Well Below Market Rents
• Undersupplied Storage Market: 6.16 NRSF Per Capita Within a Five-Mile Radius
• Very High Expense Load | Upside for Buyer to Normalize Marketing and Other Expenses
• High Year One and Pro Forma Yields and Cash-on-Cash Return Opportunities Even Before Expansion
• Dense Surrounding Population: 166,259 People Living Within a Five-Mile Radius | 43,357 People Living Within a Three-Mile Radius
• Columbus was Second Fastest Growing City in the US in 2024
• The Self Storage Facility is Part of a Condo Association
• The Landlord Pays a Fixed, Annual Condo Association Management Fee of $4,800 Annually
• Landlord Responsibilities as Part of Condo Association Are Landscaping, Snow Removal and Parking Lot Lights
