Research Drive Storage

Value add opportunity for buyer to capitalize on strong occupancy and below market rents, with in place economic and physical occupancy near 79% and average rents of approximately $0.60 per square foot that trail nearby competitors.

Very well constructed single story drive up self storage facility with a simple layout, efficient unit mix, and paved RV and boat parking that enhances demand and revenue diversification. Strong submarket demographics support long term demand. The three mile population is approximately 22,100 and the three mile average household income is approximately $142,600, reflecting an affluent and stable customer base.

Flexible acquisition structure with the operating facility offered at $750,000, an adjacent one acre parcel offered at $125,000, or $875,000 for a combined purchase, appealing to both local operators and regional buyers seeking a satellite location with future optionality. The property is located in Pueblo West, within the broader Pueblo market, approximately 40 miles south of Colorado Springs. Pueblo has emerged as an attractive market for population growth and development due to several structural advantages. Steel manufacturing has long anchored the local labor market, and the recently constructed EVRAZ rail mill now produces roughly half of the rail used in North America. This industrial base provides durable employment and economic stability that supports housing demand and self storage utilization. Another
key driver is water security. Pueblo controls its own water supply and leases water to other counties across the state, a competitive advantage that removes a major constraint on future development. This pro growth environment, combined with strong demographics and limited new storage supply, positions Research Drive Storage for continued revenue growth through lease up, rent optimization, and long term market expansion.