1101 Lincoln Way

Investment Overview

A modern, expanding 263 unit self-storage facility offered at $3,500,000, this property sits on a spacious 4.07-acre lot. The location benefits from strong local demographics, with an Average Household Income of $89,029 within a 1-mile radius. The facility is a new-construction asset, with Phase I completed in July 2023, consisting of four non-climate controlled buildings and one climate-controlled building. Phase I was fully leased by the Summer of 2025. Phase II, comprising five non-climate controlled buildings, was completed in October 2025. The total size of the facility is 38,850 SF. Significant value-add potential exists with Phase III, which has site plan approval.

Investment Highlights

• Accelerating Absorption Rate In 2026
• Currently 53% Occupancy And Rising
• Offered At 6 Cap Based On Pro Forma
• 3 Year Tax Abatement Commences In 2026
• Potential Value Add With Phase III
• Currently 38,850 SF On 4 Acres
• 263 Units Plus Additional Land