Broken Arrow, OK
Call for Offers
Extra Space Storage (3rd party managed) is a self-storage conversion project which opened in July 2020 and has been managed by Extra Space since December 2022. It possesses prominent frontage with reader board signage and is located on Kenosha Street. The property is sited on 4.62 acres in a densely developed area of Broken Arrow, less than a mile from the revitalized Rose District, with strong demographics ($111,116 AHHI) and population (73,000) within the three-mile trade area.
The property has undertaken extensive renovations over the past couple of years including but not limited to:
- TPO roof overlay with 20-year transferable warranty
- Exterior glass window walls
- Updated facility office
Storage Upside
There is significant upside remaining through capturing the tenant insurance revenue, and moving forward with the approved PUD Amendment for expansion and monetizing the pad site to lower the purchase basis.
