Bemidji, MN
$8,500,000
Call for Offers Due: April 18, 2024
The Blue Ox Storage portfolio presents a great opportunity for a buyer to achieve market share in the largest commercial center between Grand Forks, ND and Duluth, MN. Blue Ox Storage consists of three locations totaling 154,540 rentable square feet and 690 units providing the highest quality drive-up storage in the market. This is inclusive of a recent expansion of 22,400 square feet of RV units with electric at the North site.
The South site opened in November 2021 and was expanded in October 2022. The North site recently expanded in August of 2023. Both sites have experienced phenomenal lease-ups and have ample room for further expansion or outdoor storage. The Central site is adjacent to a major retail center and the Bemidji Airport and also has room for expansion.