Mead, WA
$5,100,000
Discount Mini Storage is a great place to store your things. The facility is located in Mead, Washington, just north of Spokane, and it serves the North Spokane, Mead, Colbert, and Lake areas. The facility has 45,200 square feet of storage space with an 81% current physical occupancy rate. At that occupancy rate, there is certainly room to increase rents. In fact, the current rental rate of $0.65 per square foot is quite low in comparison to the average market rent of $0.90 per square foot.
The facility includes four single-story buildings, a manager residence, and an on-site cell tower. The asking price for this property is $5,100,000. Seller financing is also available.
