Opportunity
 The Market
 Investment
 Map

The Hatcher Coe Group of Marcus & Millichap is pleased to exclusively offer for sale Plymouth Self Storage located in Plymouth, Pennsylvania. The facility consists of 603 heated units totaling 58,839 net rentable square feet. There are also 19 outdoor parking spaces available for rent. This facility was recently expanded and renovated in 2022 and is now in lease-up from the newest expansion with current a physical occupancy of 63%. Before the phase III expansion, the facility was 90% physically occupied. The property is fully secured with a keypad entry, an on-site management office, and 24-hour video surveillance.

The location of this facility benefits from a dense surrounding population. The population within five miles of the facility is 103,483. They are located off a busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, and retail stores. This offers the facility great street frontage and high daily traffic counts of around 14,700 cars per day off West Main St.

Plymouth Self Storage is being offered for $7,995,000 or $135.88 per rentable square foot.

Population
In 2021, the population in your selected geography is 103,483. The population has changed by -4.6 percent since 2000. It is estimated that the population in your area will be 103,605 five years from now, which represents a change of 0.1 percent from the current year. The current population is 49.7 percent male and 50.3 percent female. The median age of the population in your area is 39.6, compared with the U.S. average, which is 38.4. The population density in your area is 1,315 people per square mile.

Households
There are currently 43,582 households in your selected geography. The number of households has changed by -3.6 percent since 2000. It is estimated that the number of households in your area will be 43,926 five years from now, which represents a change of 0.8 percent from the current year. The average household size in your area is 2.2 people.

Income
In 2021, the median household income for your selected geography is $47,779, compared with the U.S. average, which is currently $65,694. The median household income for your area has changed by 65.0 percent since 2000. It is estimated that the median household income in your area will be $50,496 five years from now, which represents a change of 5.7 percent from the current year.

The current year per capita income in your area is $27,003, compared with the U.S. average, which is $36,445. The current year’s average household income in your area is $62,441, compared with the U.S. average, which is $94,822.

Employment
In 2021, 45,415 people in your selected area were employed. The 2000 Census revealed that 58.3 percent of employees are in white-collar occupations in this geography, and 41.7 percent are in blue-collar occupations. In 2021, unemployment in this area was 9.0 percent. In 2000, the average time traveled to work was 17.3 minutes.

Housing
The median housing value in your area was $95,324 in 2021, compared with the U.S. median of $227,827. In 2000, there were 26,981 owner-occupied housing units and 18,228 renter-occupied housing units in your area. The median rent at the time was $357.

Education
The selected area in 2021 had a lower level of educational attainment when compared with the U.S averages. Only 7.0 percent of the selected area’s residents had earned a graduate degree compared with the national average of 12.0 percent, and 12.8 percent completed a bachelor’s degree, compared with the national average of 19.5 percent.

The number of area residents with an associate degree was higher than the nation’s at 9.9 percent vs. 8.3 percent, respectively.

The area had more high-school graduates, 39.0 percent vs. 27.2 percent for the nation, but the percentage of residents who completed some college is lower than the average for the nation, at 18.6 percent in the selected area compared with the 20.5 percent in the U.S.

■ Recently Expanded Plymouth, PA Self Storage Offering
■ 58,839 Net Rentable Square Feet
■ 603 Heated Units | 19 Parking Spaces
■ Recent Expansion Included Close to $1,000,000 of Capital Expenditures Including Roof Repairs, New Asphalt, and Much More
■ 31% of the Facility Features Wooden Units
■ Physical Occupancy Before Phase III Expansion was 90%
■ Rapid Lease-Up: June had 45 Move-Ins & July has 34 Move-Ins so Far
■ Undersaturated Self Storage Market: 2.42 NRSF/Capita Within Five Miles
■ Dense Surrounding Population: 103,483 People Within a Five-Mile Radius
■ High Daily Traffic Counts: 14,700 Cars/Day

Go to Top